Publications
Council on Business and Society Research Pod: Why Companies Need Robust Procedures
Despite measures taken by regulators in recent years and the procedures adopted by organisations, implementing effective speak-up procedures remains a challenge for many organisations across a broad range of activities.
Whistleblowing is encouraged and protected in many jurisdictions because it is considered to be beneficial for organisations and society.
Without protection, the fate of the whistleblower is, all too frequently, to be actively silenced, discouraged and vilified, and to suffer harm both economically and to their physical and mental well-being.
EU Whistleblower Directive: Policy Paper for Member States Transposition and Implementation
Member States of the European Union have until December 2021 to transpose the EU Whistleblower Directive into national law. Based on the of latest state-of-the-art research and international best practice and standards, this policy paper offers recommendations concerning the most important aspects of implementation. This paper was written in the context of Ireland’s transposition of the Directive as a response to Ireland’s Department of Public Expenditure and Reform’s call for submissions, but has relevance for other Member States.
The Whistleblowing Guide
Choose the best speak-up arrangements for your organisation: The last five years have seen dramatic and fundamental changes in whistleblower procedures for organisations.
Prompted by a spate of important public disclosures, organizations are now mandated by law to implement effective arrangements enabling employees to speak up about perceived wrongdoing.
Currently, few resources exist to help with this. To help fill the gap, The Whistleblowing Guide examines the opportunities and challenges associated with different types of whistleblowing and speak-up arrangements, making recommendations based on best practices you can trust.
Whistleblowing systems: Common myths and how to overcome them
by Kate Kenny
Whistleblowing is seldom out of the news these days, with scandals in some of Ireland’s most well-known organisations. Whistleblowing is not just a news story, though: it is a serious matter for any senior manager in Ireland.
Recent legislation – the Protected Disclosures Act 2014 – has changed the game. It increases protection for people who speak up about perceived wrongdoing.
Speaking up for the whistleblower
In May 2018, Jes Staley, CEO of Barclays, the multinational investment bank and financial services firm, was fined by the Financial Conduct Authority and Prudential Regulation Authority for actions that risked undermining confidence in the company’s whistleblowing procedures.
His behaviour fell short of “the standard of due skill, careand diligence expected”. He also repaid a substantial part of his bonus, while Barclays was required to provide details of its whistleblowing procedures to regulators on an annual basis.
The incident showed that, despite measures taken by regulators in recent years, and the procedures adopted byorganisations, implementing effective speak-up proceduresremains a challenge for many organisations.
Why Companies Need Robust Whistleblowing Procedures
In a two-part feature, Marianna Fotaki, Professor of Business Ethics at Warwick Business School, speaks up and speaks out on the topic of whistleblowing, a system particular to Anglo-Saxon ethics and compliance procedure.
Designing and Implementing Effective Speak-up Arrangements
In the second of a two-part feature, Marianna Fotaki, Professor of Business Ethics at Warwick Business School, highlights the key factors in designing and implementing effective Speak-up arrangements.