| Description |
This article discusses contractarianism and communitarianism as models of corporate governance and advocates corporate adoption of BMI as a model offering the most beneficial characteristics of each.’ We identifjl a number of legal influences that have led many firms to adopt internal whistleblowing procedures, and examine the organizational benefits that accrue when such action is taken. 9 We recommend the implementation of BMI via formation of groups designed to foster individual empowerment and shared values.An important aspect of this approach is the availability of an effective communication mechanism. Finally, we offer and explain recommendations for corporations seeking to create an environment in which internal communication is promoted, external whistleblowing is avoided, and the promise of BMI is achieved. (Excerpt from Integrating Trends in Whistle Blowing and Corporate Governance) |