From Whispers To Roars: Whistleblowers' Impact On Corporate Wrongdoings

Unnati Nigam, School of Law, UPES

ABSTRACT

The exposure of corporate crimes, such as fraud, corruption, and other unethical behaviors, is greatly aided by the efforts of those who blow the whistle. They are people who come forward to report an unlawful or unethical activity that has been observed or are aware of any such activity inside the organization. These individuals come forward to report misconduct or blow the whistle on the wrongdoings at the workplace that may have substantial repercussions, not just for the individual who does it but also for the firm involved.

This paper investigates the functions of whistleblowers in the business world as well as the influence that criminal liability has on their activities. It deeply analyzes the factors that motivate the people to blow the whistle, as well as the difficulties they encounter in doing so. Additionally, it mentions the legal safeguards that are provided to whistleblowers, the possible penalties that they may face, such as reprisal from the firm in which they work.

Companies that commit crimes such as financial fraud or corruption may face severe repercussions, both in terms of their finances and their reputations. Whistleblowers who come out with information on such crimes may be protected under some legislations, but at the same time they may also face criminal punishment for themselves.

The paper concludes by addressing the significance of whistleblowers in the process of fostering accountability and transparency inside corporations. It also brings to light the need for a greater legal safeguard for whistleblowers and the significance of corporate responsibility in the prevention of crimes committed by corporations.

Keywords: Corporate crimes, Whistleblowers, Private sector, Legislation, Criminal liability.