Advantages of a Whistleblower Reporting System: Part II - Internal v. External Reporting - a podcast by Thomas Fox

In this 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” (Report). In this paper, Welch and Stubben 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 there were lower settlement costs if a lawsuit did occur. Finally, there were fewer external whistleblower reports to regulatory agencies and other authorities. This podcast series takes a deep dive into the Report. Today we consider the impact of internal v. external reporting.This 5-part podcast series is sponsored by NAVEX Global, Inc. 
Learn more about your ad choices. Visit megaphone.fm/adchoices

Further episodes of FCPA Compliance Report

Further podcasts by Thomas Fox

Website of Thomas Fox