Question

government support through financial incentives for reporting misconduct in organizations is effective and benefits society

government support through financial incentives for reporting misconduct in organizations is effective and benefits society

Homework Answers

Answer #1

The given statement is true.

Government support through financial incentives for whistle blowers is effective and benefits society by adding substantial value to the global economy as it ensures:

  • Freedom of speech to the whistle blower
  • Serves public interest by keeping a check and control on fraud , corruption and other unethical activities.
  • Compensation to whistle blower for taking social and economic risks
  • Reward for challenging status quo and zer-base thinking.

Economically and ethically, the oftern sighted cons of government incentives viz., vitiating the environment of trust, relationships and loyalty are trivial and secondary to the benefits or pros.

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