EPISODE · Dec 17, 2018 · 16 MIN
Advantages of a Whistleblower Reporting System: Part I – Introduction to Research on Whistleblowing Systems
from FCPA Compliance Report · host Thomas Fox
In this special five-part podcast series, I interviewed Dr. Kyle Welch, Assistant Professor at George Washington University (GWU), on his recently released paper, co-authored with Stephen Stubben, Associate Professor from The University of Utah, entitled “Evidence on the Use and Efficacy of Internal Whistleblowing Systems”. In this paper, they reviewed some 15 years of anonymized data from NAVEX Global, Inc., the sponsor of this podcast series. This data was from the company’s hotline reporting systems. Some of the key findings included that companies with a robust whistleblower and reporting system had greater profitability and workforce productivity as measured by Return on Assets (ROA) and there were fewer material lawsuits brought against the company overall and lower settlement costs if a lawsuit did occur. Finally, there were fewer external whistleblower reports to regulatory agencies and other authorities. This podcast series will take a deep dive into the Report. Today we introduce the Report and why he engaged in the research that led to it. This 5-part podcast series is sponsored by NAVEX Global, Inc. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Advantages of a Whistleblower Reporting System: Part I – Introduction to Research on Whistleblowing Systems
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