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Question: Analyze the advantages and disadvantages of whistle-blowers receiving payment from the government based on one of the following laws:  False Claims Act  Dodd–Frank Wall Street and Consumer Protection Act

18 Oct 2022,10:41 PM

 

Scenario

You are an experienced ethics officer who has recently been hired by an established company. You have been tasked with analyzing the company’s current code of ethics and identifying areas in need of improvement.

 

Requirements

use the rubric to direct the creation of your work because it provides detailed criteria

Prepare a report (suggested length of 6–8 pages) in which you do the following:

 

  1.  Choose a company’s code of ethics (separately attached) and analyze that company’s code of ethics by doing the following:
  2.  Analyze how well the chosen company’s code of ethics covers the topic of corporate social responsibility (CSR).
  3.  Analyze how well the chosen company’s code of ethics covers the topic of compliance with legal mandates.
  4.  Describe the ramifications for an organization when it is noncompliant with legal mandates.
  5.  Describe two legal or ethical safeguards the chosen company has in place or could put in place to prevent illegal or unethical acts.
  6.  Analyze how well the chosen company’s code of ethics facilitates the development of an ethical culture.
  7.  Explain how an employee would raise an ethical concern in the chosen company and provide three resources available to employees to use when raising an ethical concern.
  8.  Discuss which resource(s) you would most likely use to report an ethical concern.

 

  1.  Develop a policy that instructs employees on how to address unethical conduct observed at work by doing the following:
  2.  Discuss personal and organizational factors an employee would need to consider as a last resort before deciding to blow the whistle about unethical conduct observed at work.
  3.  Describe the internal and external reporting steps an employee should follow if the employee decides to blow the whistle.

 

  1.  Analyze the advantages and disadvantages of whistle-blowers receiving payment from the government based on one of the following laws:
  •  False Claims Act
  •  Dodd–Frank Wall Street and Consumer Protection Act

 

  1.  Analyze how the U.S. Sentencing Guidelines have changed the way organizations operate.
  2.  Discuss three culpability factors that are used to determine fines under the U.S. Sentencing Guidelines.

 

  1.  Acknowledge sources, using in-text citations and references, for content that is quoted, paraphrased, or summarized.

 

Expert answer

 

The Dodd-Frank Wall Street and Consumer Protection Act includes provisions that allow the government to pay whistle-blowers for information about financial crimes. Whistle-blowers play an important role in society by helping to expose wrongdoing and protect the public. However, there is debate about whether or not they should be paid for their information. Some argue that paying whistle-blowers incentivizes them to come forward with information, while others believe that it creates a potential for abuse.

 

There are pros and cons to paying whistle-blowers for their information. On the one hand, paying them may encourage more people to come forward with information about wrongdoing. This could lead to more corruption being exposed and ultimately help to make society safer. On the other hand, there is a risk that people will make false claims in order to receive payment. This could waste resources and create mistrust between the public and the government.

This could potentially incentivize people to come forward with information that would otherwise not have been reported. It could also help to prevent financial crimes from happening in the first place. However, there is a risk that people will make false claims in order to receive payment. This could waste resources and create mistrust between the public and the government.

 

ultimately, the decision of whether or not to pay whistle-blowers for their information is a complex one. There are pros and cons to both options that need to be considered carefully.

This could potentially incentivize people to come forward with information that would otherwise not have been reported. It could also help to prevent financial crimes from happening in the first place. However, there is a risk that people will make false claims in order to receive payment. This could waste resources and create mistrust between the public and the government.

 

ultimately, the decision of whether or not to pay whistle-blowers for their information is a complex one. There are pros and cons to both options that need to be considered carefully.

This could potentially incentivize people to come forward with information that would otherwise not have been reported. It could also help to prevent financial crimes from happening in the first place. However, there is a risk that people will make false claims in order to receive payment. This could waste resources and create mistrust between the public and the government.

 

ultimately, the decision of whether or not to pay whistle-blowers for their information is a complex one. There are pros and cons to both options that need to be considered carefully.

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