Whistleblowing – the unauthorized disclosure of illegal or unethical conduct within an organization – has an ancient lineage, although the first known use of the term rather than the concept was in 1963. Far from being subversion, it is a vital, almost indispensable control device. This is...

Discusses the BCCI scandal, with particular reference to the part played by auditors Price Waterhouse. Declares the IIA Position Paper on Whistleblowing to be inadequate and urges reform of corporate governance: the selection and training of non‐executive directors must be improved and their...