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Whistleblower Advantages And Disadvantages

1267 Words6 Pages

Corruptions, abuse of power, and any misconduct in the corporate world can portray negative image towards the organizations involved generally, and the individuals personally. The problem when these misconducts happen in the organization is there is lack of people within the organization who realize the bad doings that have the guts to report and to publicly expose to the authorities. Therefore, there is a term called ‘whistleblower’. In a very simplest way, we can define a whistleblower as the one who is in the organization, realizing what wrongdoings that have been done and reports to the authorities for the sake of preserving working ethics.
Back to the problem raised above, for those who do (have the guts), what are the risks that …show more content…

One of the advantages is it can expose unethical behavior. This is when the organization’s members step over the legal line, these whistleblowers can make those unethical activities publicly known and held those who involved accountable. Therefore, it can be an example to other organizations not to commit any illegal conducts in the future. On the other hand, one of the disadvantages discussed is these whistleblowers might encounter some threats due to their exposures and lead to severe health problems like stress and emotionally …show more content…

This simply shows that acting as a whistle blower was not easy for him. He faced those arrogant directors and management who refused to even discuss about the issues they were having at that time. Moreover, Woodford had to accept the fact that blowing the whistle was against the culture of the company. By that, he understood that going against the norm of a particular group will result in him facing some serious consequences. After being sacked, he was asked to take a bus to the airport and leave Japan. This order made Woodford more encourage to keep on exposing the fraud occurred in the company.
Olympus declared a loss of £383 million or US$575 million in March 2012, the next month their directors were prosecuted with the charge of US$1.7 billion fraud and some other accusations. The interesting fact about this case is although Woodford was the one who blew the whistle, he could not run from being questioned by the FBI regarding the Cayman Island transaction. This is to show that being a whistle blower is not a path or way for you to skip and run from being responsible to any allegations made against

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