Whistle blowing of corporate frauds in India

The paper studies the literature review in-depth about whistleblowing in India as an ethical concept. A qualitative study with secondary-based research has been carried out to understand the mechanism of whistleblowers in India. Purposive sampling has been used in terms of collecting selective episodes of corporate frauds, where whistleblowing was the key to identify the fraud and examine the role of whistleblowers in it. The analysis was done using analytical induction by the statements quoted by the whistleblowers as evidence to media. People should consider whistleblowing an important concept for corporate governance. Whistleblowing act as an aid to many organisations or individuals in the effort to identify or reduce fraud or abuse. Recommendations of the analysis indicate that the individual's concerns shall be reported very seriously, proper action shall be taken on such cases, and protection for whistleblowers should be provided, as that is the key to encouraging other people to identify and report fraudulent activity in any organisation or individual role. The paper's major contribution is towards understanding the nature of the act of whistleblowing and what it offers for corporations.