Whistleblowing, that is, disclosure of wrongdoing, by corporate employees can be
ID: 331354 • Letter: W
Question
Whistleblowing, that is, disclosure of wrongdoing, by corporate employees can be described today as:
Morally required if the whistleblower is the last real alternative to disclose the wrongdoing and the other parts of the Principle of Last Resort are applicable.
Legally protected under the Sarbanes-Oxley Act if the whistleblowing is by an employee of a publicly traded company regulated by the Securities and Exchange Commission and concerns some type of securities fraud or fraud against the shareholders.
Only legally protected under those states that have private sector Whistleblower Protection Statutes if the whistleblowing is made to an appropriate government agency.
All of the above.
a.Morally required if the whistleblower is the last real alternative to disclose the wrongdoing and the other parts of the Principle of Last Resort are applicable.
b.Legally protected under the Sarbanes-Oxley Act if the whistleblowing is by an employee of a publicly traded company regulated by the Securities and Exchange Commission and concerns some type of securities fraud or fraud against the shareholders.
c.Only legally protected under those states that have private sector Whistleblower Protection Statutes if the whistleblowing is made to an appropriate government agency.
d.All of the above.
Explanation / Answer
The answer is option c.
Only legally protected under those states that have private sector whistleblower protection statues if the whistle blowing is made to an appropiate governmenr agency. Here the body is legally protected as the disclosure of information is to government bodies. Where as in other options like option a, morality is never a substitue to legality, sometimes an issue which is morally correct, can never be legally correct. In the same way, even though if whistle blowing is the last alternative available, and the information should not be made public, whith out proper measures. Where as the option b, which speaks about sarbanes oxley act, which only regulates the unfair practices by stringent policies but not by allowing it to whistle blowing practices. Because, sometimes it might be used in a wrongful way by disclosing crucial information.
So the answer is option c.
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