11/30/2005

Whistleblowing

"Whistleblower: a person who engages in whistleblowing or, in other words, blows the whistle on wrongdoing; a dissenter from wrongdoing" I find whistleblowing a very interesting topic. When is it necessary and when should one feel that strong obligation to whistleblow. I crosses my mind that if a company is doing wrong, or even if an co-worker is doing something wrong, that one has the responsibility to report it. But on the other hand, in the past, a person that whistleblows ends up getting the shaft. After one whistleblows, it is very hard to find another job. Depending on the situation, the whistleblower may be hated by others. I think that there should be laws that support whistleblowing and protects those that engage in it. If one felt like their rights to get another job were protected, then maybe companies like Enron would be busted long before it creates as much damage as it did. Whistleblowing

2 comments:

Frank said...

I agree if there was some way to protect whistleblowers from the peer pressure, or keeping the house of cards from falling apart, so to speak, it would keep corporate America a lot cleaner.

Dr. Tufte said...

-1 on Liz's post for multiple errors.

One way to not discourage whistleblowing is to have a larger part of a person's compensation determined by forces outside the firm.

Of course, firms don't want to do this, because they might not have proablems.

So, I think this could be a reason to subsidize firms to offer employees other forms of compensation than a salary that can be lost if the firm goes bad.