Business ethicists believe that external and internal regulations are insufficient for curtailing or preventing corporate malpractices; they strongly advocate the presence of whistleblowing mechanisms as a check against corporate malpractice and incomplete corporate governance. Explain (Why/Why not) Explain (Answer in 150 words) 10 Marks

Corruption & quid-pro-quo. (5) Conscience of employees could be protected only if they have whistleblowing channel. Issues with whistleblowing: Corporate Governance not incomplete without whistleblowing. (1) Hampers the profit & image of corporate. → false whistleblowing. → Name calling. → Unhealthy competition practices. (2) Wasted lack of lack of employee loyalty in organisation. Although with issues, whistleblowing is sine-quo-non for ensuring corporate governance & achieving Social, Environment & Economic growth with companies.

— Ketan Shukla