Integrating trends in whistleblowing and corporate governance: Promoting organizational effectiveness, societal responsibility, and employee empowerment

Whistleblowing is frequently defined as "the disclosure by organizational members (former or current) of illegal, immoral, or illegitimate practices under the control of their employers to persons or organizations that may be able to effect action." Corporate governance is a process that m...

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Bibliographic Details
Published in:American business law journal 2002-10, Vol.40 (1), p.177
Main Authors: Callahan, Elletta Sangrey, Morehead, Terry, Dworkin, t, Timothy L, Schipani, Cindy A
Format: Article
Language:English
Subjects:
Communication
Communitarianism
Corporate governance
Corporate responsibility
Efficiency
Employee empowerment
Employees
Empowerment
Innovations
Organizational behavior
Stockholders
Studies
Trends
Values
Whistleblowing
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Summary:Whistleblowing is frequently defined as "the disclosure by organizational members (former or current) of illegal, immoral, or illegitimate practices under the control of their employers to persons or organizations that may be able to effect action." Corporate governance is a process that manages value creation and value transference relationships among various corporate claimants. Given its view of the corporation as a nexus of contracts, voluntary agreements and market forces are central tenets of contractarianism. In contrast, communitarians generally believe that the corporation has responsibilities beyond those owed to its shareholders. Whistleblowing demonstrates how Business as a Mediating Institution (BMI) offers a model of corporate governance that blends contractarian and communitarian characteristics, facilitating the formation of groups that provide a mediating influence within the organization. Organizations should follow three trust-building strategies - accountability, reliance, and aspiration - to create mediating institutions for their members and develop effective internal whistleblowing procedures.
ISSN:0002-7766
1744-1714
DOI:10.1111/j.1744-1714.2002.tb00913.x