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Essay / Research Paper Abstract
This 5 page paper considers some cases of whistleblowers and the way in which they have brought cases and been treated. The paper argues that the new Sarbanes-Oxley Act of 2002, which gives some protection to whistleblowers is of limited value and that the real change which is required is a change in the culture and the way in which ethics are managed internally by a company. The bibliography cites 4 sources.
Page Count:
5 pages (~225 words per page)
File: TS14_TEwhistle.rtf
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Unformatted sample text from the term paper:
outside the company. It may often have been assumed there was some type of personal grudge acting as motivation. Today the situation has changed, it was due to a whistle
blower that the scandal of Enron and WorldCom came to light. Now the whistle blower may be seen as less of a nuisance, but an individual of character who will
stand up to an organisation and help maintain some level of ethics, especially now that there is protection provided to them under the Sarbanes-Oxley Act of 2002 (Lexis, 2003).
However, there have also been other cases where there are whistle blowing practices that are serving as ethical sentinels for the corporate world. A recent example is that of Matthew
Whitley, a finance manager of Coca-Cola. He was laid off from the company along with 1,000 other workers, in this case many of the charges made by Whitley have been
refuted and found to be wring when heard in the courts, it was found that some falsifications existed (Nyberg, 2003). In this case there was the use of the Sarbanes-Oxley
Act of 2002 (sox) to alleged a defence that stated he had suffered retaliation for whistle blowing on suspected fraudulent accounting practices (Nyberg, 2003).
However, when we learn that the claim was made with a demand for $45 million the integrity appears to lose ground. The falsification that has been found has
already cost the company $21 million over falsifying test results and resulted into an investigation of fraud in Virginia (Nyberg, 2003). There are many cases where the issue is
more direct and less clouded, such as the case of Joseph Bourgart and Vital Signs Inc. Here there were concerns over the accounts, for example, over valuations placed on inventory,
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