Whistleblowing on accounting-related misconduct: A synthesis of the literature
Gladys Lee, Xinning Xiao
JOURNAL OF ACCOUNTING LITERATURE | ELSEVIER SCIENCE INC | Published : 2018
Whistleblowers have been credited for uncovering financial scandals in companies globally, including Enron, Olympus Corporation, and WorldCom. Despite increasing support and incentives for whistleblowing, there generally remains reluctance to blow the whistle. Thus, the purpose of this study is to review: (1) the determinants of internal and external whistleblowing on accounting-related misconduct, (2) U.S. whistleblowing legislation on accounting-related misconduct and related research, and (3) the effects of whistleblowing on firms and whistleblowers. Within each area, suggestions for future research are offered.