Formulating a Whistleblowing Policy and it's Implementation
Professor R Balakrishnan, Symbiosis Institute of Business Management, India
In line with best international governance practices, all enterprises, throughout the world, would like to put in place a system through which employees and its business associates may report unethical practices and infringements of the enterprise’s business code of conduct and ethics without fear of reprisal. All enterprises, by and large, put in place a process by which the employees and its business associates have direct access to the Audit Committee, Chief Executive Officer / Managing Director, Chairman of the Board and Compliance Officer who is generally the Company Secretary of the enterprise. This article deals elaborately on the following relating to whilstleblowing.
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