Corporate Governance and Whistleblower Protection: A Financial Imperative
Whistleblower protection has evolved from an ethical consideration to a cornerstone of corporate governance and risk management. High-profile scandals like Enron and WorldCom, exposed by internal whistleblowers, catalyzed reforms such as the Sarbanes-Oxley Act. These cases underscore the critical role of whistleblowers in combating fraud, waste, and corruption.
Effective whistleblower programs are no longer optional—they are essential for organizational resilience. Proactive strategies not only ensure legal compliance but also mitigate internal risks before they escalate into crises. The financial sector, including cryptocurrency markets, must prioritize these frameworks to maintain integrity and accountability.