A study on the perceptions on whistleblowing of top management in the National Capital Region, based on Byington's fourteen wrongdoings

• Main Authors: Chung, Caroline Tricia C., Co, Margot Leslie P., Igna, Liana Katrina K., Sapanghila, Jecel Joy I.
• Format: text
• Language: English
• Published: Animo Repository 2008
• Subjects: Accountants > Professional ethics; Accounting > Moral and ethical aspects; Accountants > Philippines; Accounting
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/14157
• Institution: De La Salle University

Whistleblowing has escalated in many developed nations since the wake of the enormous accounting scandals in the early 2000s. Multi-million dollar losses have been uncovered, and perhaps, a much higher number of whistleblowers had not done their part. To encourage whistleblowing, the proper policies, restrictions, and plan of action should be in place. Yet because of the different types of companies (i.e. listed and non-listed family and non-family), simply creating one for all might not be the nest possible way. Analyzing the behavior of management allows us to be able to create a profile for each company, ultimately for the creation of legislation and internal policies. Data was gathered from members of the Association of Certified Public Accountants in Commerce and Industry. They were asked to rate their probability of reporting Byington's fourteen wrongdoings and whether or not they would report the act internally or externally. Perceptions of management from the four types of companies were analyzed and compared. Listed and non-listed companies showed no significant difference in perception. However, family and non-family companies showed a difference in perception as to giving unfair advantages to vendors as well as in the concealment of poor performance. This means that current legislation and policies may not properly regulate family corporations.