How Internal Reporting Mechanisms Strengthen Private-Sector Organisations
The business case for companies to adopt robust internal reporting mechanisms is clear. Such mechanisms enable staff to speak up about legal or ethical misconduct. They help protect companies from the effects of misconduct, including legal liability, serious financial losses and lasting reputational harm.
Effective internal reporting mechanisms also foster a corporate culture of trust and responsiveness. Companies have found that such mechanisms provide real benefits to their culture, brand, long-term value creation and growth.