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Sometimes they do & sometimes they don't. It really depends on the situation. When you state “take care of” that could mean many things. Sometimes corporations do handle their business when it comes to whistleblowers. Many times they tend to retaliate against the whistleblower. Then on the other hand, you have the corporations that don’t do enough or the right things in situations like this. You’ll find that many corporations don’t take these allegations seriously until the last minute. ~Business Management Services: You can get business management support services from the Clerical Business Solutions Company (CBS). Clerical Business Solutions specializes in strategic planning, business consulting and management services. For your business needs contact Clerical Business Solutions TODAY!!
By
http://www.CEOBusinessManagement.com: , Business Consultant, Business Management Specialist & Strategic Planner
| 01 10 2011 20:08:10 +0000
IN MOST CASES THE HUNTER BECOMES HUNTED HENCE MOST PEOPLE WANT TO PLAY SAFE TO SAFEGUARD THEIR POST AND POSITION.THOSE WHO COME FORWARD SHOULD BE ENCOURAGED AND BE GIVEN REQUIRED PROTECTION.BUT IN MOST CASES VALUE OF MALPRACTICES AT THE TOP LEVEL IS HIGHER AND IS BEING SHIELDED,SINCE IN MOST CASES IT IS NOT BY A SINGLE PERSON.
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s.baalu , Consultant, XYZ LTD
| 07 22 2010 07:00:48 +0000
i support to whatever Mr Dhingra has said. higher authorities can take advantage of whistleblowers for thier own benefits. even if people make complaints anonymously then who knows whether they are doing it for the bettermint of the corporation or just for fun. whistleblowers can even take revenge with personal issues as well.
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Nirav Trivedi, CS Executive Programme, ICSI...
| 07 15 2010 18:45:09 +0000
I agree with Darshana as we have discouraging record to prove against this. In a recent (14'th Jul) CII conference on 'protecting rights of minority investor community' this issue was raised and the CII committee has recommended to the Ministry of Corporate Affairs that : 1. a law be enacted to protect whistle blowers 2. make independent directors play significant role in encouraging whistle blower culture by ensuring confidentiality as well as commensurate rewards if a potential fraud can be averted.
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Avinash Sankhe, Group Head, Technology Delivery, Karvy Computershare Pvt Ltd
| 07 15 2010 07:23:00 +0000
The rule of the vigilance is not to take any cognizance of or action on anonymous or pseudonymous complaint, as nobody comes forward to prove the allegation and the allegation must be proved beyond any doubt. So, nobody can blame any authority if no action is taken on any anonymous complaint.Of course, some people make anonymous complaints just to have fun. But, the question arises, why people do resort to the use of anonymous route of whistle blowing, rather than coming openly? In fact, whistle blowing system proves to be a system of reporting the police, whose members themselves are involved, and the reporter would gets exposed if he tries to report the flaw openly and would get the target of their ire and harassment through alternative routes. However, it is but natural that the corporate directors won't take any note to the whistle blowing system seriously, as no serious accounting breach is usually made without being in their own knowledge. In fact, whistle blowing system proves to be a handy tool for them to gauge the system as to what extent any employee has become aware of their own malpractices or unethical practices, normally made through others. On the other hand if the matter comes through the audit committee, there is a good reason for them to deploy significant resources, i.e., misuse of resources in a justifiable way and still be able to make an eye wash. In fact, the resources are lavishly deployed to make people feel, as if the corporate directors are very serious about the matter, while their efforts are to hush up the matter some how or the other and the manpower deployed for investigation are normally their own tutored henchmen to twist the things to make a very easy and safe escape. Evidently, corporate organizations do not take care of the whistle blowers allegations seriously, rather, if you try to watch seriously, they try the system smartly to their advantage to make their safe escape out of the allegations by side tracking the issues.
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PS Dhingra, CEO & Vigilance & Transformation Management Consultant, Dhingra Group of Management & Educational Consultants
| 07 14 2010 08:13:32 +0000
I doubt that there are too many whistle blowers in industry ! Nor do companies encourage whistle blowing. Most private organizations become big through quite a bit of manipulation , most of it unethical ; very early on , newcomers to the company learn that honesty is not valued ; the more honest among them will leave rather than try and fight the system ; others will learn that silence is golden ! A few may fight , but once their life is at stake , how many will want to become martyrs ? Whistle blowing should be encouraged , but more important is that the media plays its role well enough to report wrongdoings.
By
K. NARAYAN, None, None
| 07 14 2010 07:15:42 +0000
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