How do you think companies should respond to accusations

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Reference no: EM131917383

please I need some help here, it's PowerPoint presentation.

Legal Ethical Challenge!!!!!

provide some examples similar to this situation !!

what we should do in this situation?and how we can solve it ?

make 4 questions to the audience about legal ethical challenge .

How do you think companies should respond to accusations made by a whistle-blower?

We defined a whistle-blower in Chapter 3 as an employee who reports organizational misconduct to the public. Whistle-blowing is important to organizations for many reasons.

One critical one is that the Sarbanes Oxley law. which was discussed in Chapter 3, mandates that companies develop processes and procedures for handling whistle-blowing.

The Dodd-Frank law further provides financial rewards for employees who implicate security fraud and other types of wrongdoing civilians have received millions for exposing wrongdoing in companies that do business with the U.S. government.

This challenge involves consideration of how organizations should plan to respond to claims of misconduct or illegal activity.

Consider what happened at Renault SA An employee at Renaut provided an anonymous accusation that a senior manager negotiated a bribe After a four-month investigation, Renault in January [2011] dismissed the executive and two other managers The employees professed their innocence, but the company's chief executive, Carlos Ghosn, said publicly that the company had evidence against them.

Over the past two months, however, Renault has uncovered no evidence against the trio.

The company's chief operating officer. Patrick Pelata, told The Wall Street Journal that the company may have been tricked into bringing the allegations.

solving the legal ethical challenge: What do you think management at Renault should have done about the anonymous accusation about a senior official negotiating a bribe?

Source: Excerpted from Ashby Jones and Joann S. Lublin, "Firms Revisit Whistleblowing. The Wall Street Journal, March 14, 2011. p.

Reference no: EM131917383

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