Insights
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Aberjhani
WE KEEP OUR CLIENTS UP-TO-DATE WITH BEST PRACTICES IN THE MANAGEMENT OF WHISTLEBLOWING FROM AROUND THE WORLD
We monitor local and global developments in the fields of whistleblowing, governance, ethics, compliance and anti-corruption on an ongoing basis to bring you evidence-based recommendations for the effective management of your ethics hotline and the creation of a workplace culture of integrity.
Ethics “Having an effective anti-corruption programme is more important for companies today than ever before.” – says Africa’s largest law firm, ENSAfrica. ENSAfrica recently released their 2015 anti-bribery and corruption results. 88 organisations across Africa participated in the survey.
Ethics Shoplifting, administrative errors and employee or supplier fraud costs retailers billions every year. According to a survey by the National Trade Federation (NRF), shoplifting accounted for the largest portion of the loss at 38%, followed by employee theft at 34.5%, administrative and paperwork theft at 16.5%, vendor fraud or error at 6.8% and unknown loss…
Ethics Drugs at schools, bullying and abuse of learners by educators and even abuse of educators by learners has featured prominently in the press and social media lately. “Schools are no different to companies when it comes to ethics and all who operate in the framework thereof. The brand and public image is also important to…
Internal Audit A new index looking at corruption and justice aims gives insight into how people experience rule of law in everyday life – in South Africa and around the world. The WJP Rule of Law Index 2015 is based on data from 100,000 household and expert surveys in 102 countries and jurisdictions. “The Index is the…
Ethics Whistleblowers have saved companies billions of Rands over the last decade, but have not always received the protection or the appreciation they deserve.
Ethics The purpose of whistleblowing is to eradicate unethical behaviour in the workplace. A key component to workplace ethics and behavior is integrity, or being honest and doing the right thing at all times. 25% of employees would steal, 25% would never steal, 50% could go either way depending on culture. – M J Comer Organisations…
Ethics Whistleblowing is consistently the most common detection method, by a significant margin, for cases of occupational fraud. The longer frauds last, the more financial damage is caused, therefore proactive detection measures, such as a whistleblowing hotline, are vital in detecting frauds early and limiting company losses. 43% of fraud is uncovered by whistleblowers. The…
Ethics The whistleblowing phenomenon is not going away. The Securities and Exchange Commission (“SEC”) recently released its annual report, which had some eye-opening statistics and facts for companies. Chief among those was the fact that, of the whistleblowers that came forward to report fraud to the SEC, over 80% had reported the matter internally first.
Ethics The Ethics Resource Center (ECR), found that in companies with comprehensive ethics and compliance programmes, only 29 percent of employees fail to report misconduct they observe, in contrast to 61 percent in companies with no formal ethics and compliance programmes. Nevertheless, still less than 40 percent of employees state that their company has a comprehensive…
Ethics Fraud poses a significant threat to small businesses, warns the head of a corruption monitoring firm. Small companies are disproportionately victimized by fraud and significantly under protected by anti-fraud controls, a combination that could easily put them out of business. “In South Africa, everyone needs to be brought into the crime-fighting fold.” says Dale Horne,…
Ethics In terms of Whistle Blowers standard contract, each client receives a unique, dedicated freecall number to our technologically advanced, fully computerized, live, multilingual manned call centre for verbal reports, and an e-mail address, postal address and fax number for written reports. All irregularities disclosed to our call centre are reported to designated parties, stipulated in…
Whistle Blowing The key to the success of the hotline is that employees are reassured and have confirmation that they can come forward with reports without fear of retaliation, and, most importantly, that they have the right to remain anonymous. Both of these commitments are integral to the success of implementing this type of programme.
