Encouraging Whistleblowers

Today's Christian Science Monitor has an excellent article on what companies need to do to encourage whistleblower reports. Employers large and small should be thinking about this especially because fraud reports are rising as the economy falters.

Survey Says...Whistleblowers Are The Best at Finding Corporate Fraud

whistleIn a recent University of Chicago study, researchers determined (again) that whistleblowers are the best tool for fighting corporate fraud. One unfortunate, but not surprising, finding was that  of whistleblowers whose identity was revealed, 82% of them were either forced from their position or quit under duress.


This new research comes on the heels of another study done by Price Waterhouse which found that whistleblowers expose more fraud than anyone, including corporate auditors or the SEC.