Whistleblowers Case Study Example | Topics and Well Written Essays - 500 words

Whistleblowers - Case Study Example y’s global business environment, white-collar crimes are extremely difficult to prosecute due to the underlying mechanisms available to suppress evidence. In this respect, whistleblowers come in handy. Rather than taking part in the actual misconduct, some individuals in the corporate setting will be enticed to report misconduct subject to the rewards availed. However, caution should be prioritized to avoid faked whistleblowing intended to collect the offered benefits. In general, high rewards will create an incentive for whistleblowers to expose business and corporate misconduct in the economy. Encouraging whistleblowing will undoubtedly have its negative consequences, but the benefits stand a better a chance to outweigh the negatives. To start with, promoting whistleblowing will force business players to adhere and comply with the relevant laws, rules, and regulations (Vandekerckhove 156). In the process, employer-employee relations will move towards enhanced trust and loyalty. In essence, whistleblowing will encourage both employers and employees to follow ethical codes of conduct. Speculating a culture of suspicion and distrust is only probable if misconduct is an underlying practice. Straight and ethical practices should not warrant fear or worry as far as whistleblowing is concerned. In this respect, whistleblowing will encourage trust, loyalty, and straightforwardness in the society. Amid this, the emergence of negatives cannot be ruled out. Whistleblowing could result in tense relations between employers and employees. In any setting where whistleblowing might occur , employees and employers should unite to do what is right, legal, and ethical. Even though the number of pursued whistleblowing cases is significantly low, the need to make penalties stricter is critical. To start with, increasing the penalty will act as deterrence for corporate misconduct (Richter and Frances 147). Persons intending to engage in any form of misconduct will have to come to