Capital Management Blows Whistle A whistleblower in the classic sense of the word possesses a number of key characteristics. Some of these pertain to the fact that whistleblowers tend to believe that there are acts of impropriety at their workplace. In this respect most whistleblowers have a keen sense of ethics as well as a sense of social justice that helps to actuate them. There is a duality to the

Board GovernanceIntroductionIn order for an organization to achieve good outcomes, its board should be characterized by good governance. Good governance often includes characteristics such as accountability, diversity of representation in the board room, the ability to develop a consensus view, transparency, application of the rule of law, and understanding that the board bears responsibility to both shareholders and stakeholders. Essentially, boards are complex, but they exist for a simple reason�to

6. Company members falsifying, altering, destroying or otherwise tempering with organizational documents risk punishments between fines up to 20 years imprisonment 7. Organizational staff members notifying their superiors or the legal authorities of fraudulent operations are protected under the whistleblower protection provision. People who retaliate against the individuals who offer condemning information of the company are punished with anything between a fine up to ten years imprisonment (Prahalad, 2008). As an addition to these

Accounting and Corporate Governance How can managers fraudulently manipulate financial statements? Managers can manipulate financial statements in a variety of ways. One approach involves inflating earnings on the income statement for the current reporting period by artificially inflating revenue and gains or by deflating expenses. This approach results in making the financial condition of the company look better than its actual condition and allows the company to meet established expectations. Another approach

The organization also seems to be rather adept at evaluating employee performance regularly and fairly. The organizational leaders have, on the whole, established culture of trust, in which employees feel free to speak their minds and express their ideas without apprehension. CHRA is not perfect, however. There are definitely some weaknesses in the organization as well. For example, some of the organization's leaders are not as skilled as they could be

Whistle-Blowing and Sarbanes-Oxley The relevance of whistleblowers in an organizational setting cannot be overstated. As a matter of fact, whistleblowers have in the past helped bring about the much needed changes in organizations. They can, therefore, be referred to as guardians of public accountability. It is, however, important to note that whistleblowing does have its own unique challenges. This is particularly the case given that whistleblowers risk isolation, ridicule, loss of