The recent reports of misappropriation of funds by the founder and management of Console, a suicide prevention charity, are distressing for the workers, volunteers, service users, supporters and general public[1]. The impact may be felt by the entire charitable sector, as happened following the CRC revelations in 2014, where charitable donations declined overall[2]. Managers of … Continue reading
Category Archives: corporate governance
Paying for Whistleblowing
The Ontario Securities Commission of Canada has introduced financial rewards for whistleblowers, as much as C$5million(The Economist 2016). This system is modelled on the American Securities and Exchange Commission scheme. But does it work? Does it uncover wrongdoing that otherwise would have continued? Not everyone pays whistleblowers, for example the British Financial Conduct Authority, the … Continue reading