Institutionalizing Structured Whistleblowing Policy For Corporate Governance PDF Download

The corporate culture have grown and held considerable interest in the public life directly or indirectly and hence the imperative for bringing transparency and accountability among these corporate entities seemed as the requisite of present time. There were as many as cases where not just the companies but also other private organizations have been involved in wrongdoings that could have been potentially reduced if a string whistleblowing policy was in effect. The paper while giving an insight of the whistle blowing ideology in corporate management also worked upon the proposition that could be drawn to implement a whistle blowing procedure in country. Whistleblowing for the present context is to develop a systematic framework for better corporate governance policies and hence the whisteblowing in the general laws are only touched upon while focusing on whistleblowing practice in corporate entities. The major aim of the paper is to moot the topic of policy making significance for whistleblowing in an entity and creating an accountable and transparent corporate governance in country. It is also expected that the corporate entities must focus upon the simulation of twofold policy making and implementation of whistleblowing policy in their respective domain so as to nurture an efficient whistleblowing policy in the entities. Several brief suggestions are also organized for said purpose in the present paper so as to make the adequacy of the basic requisites for the whistleblowing policy along a standard that must be nationwide structured in addition to suitable measures as warranted by respective entities.