Whistleblowing systems play a crucial role in detecting misconduct and promoting ethical behavior within organizations. However, in reality, the very act of “blowing the whistle” can put whistleblowers at great risk. Among other risks, those who choose to disclose misconduct may experience retaliation, harassment, or other professional repercussions. Given the risks,...
In cases of occupational fraud, the perpetrators not only devise intricate schemes to deceive organizations, but also employ various techniques to conceal their illicit activities. One such technique is data manipulation. This technique is prevalent in major fraud cases such as Enron, Theranos, Olympus, and a recent case in Indonesia: the...
Whistleblowing systems play a crucial role in detecting misconduct and promoting ethical behavior within organizations. However, in reality, the very act of “blowing the whistle” can put whistleblowers at great risk. Among other risks, those who choose to disclose misconduct may experience retaliation, harassment, or other professional repercussions. Given the risks,...
Occupational fraud is most likely the most expensive and widespread financial crime worldwide according to the 2022 Report to the Nations. Occupational fraud refers to the fraud perpetrated by employees against their employers. There are three major types of occupational fraud: asset misappropriation, corruption, and financial statement fraud. With the advancement...
