Mahbub Zaman

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A new study has found that a healthy and ethical company culture plays a more important role in preventing fraud than its board of directors does. (Shutterstock)

An ethical workplace culture can prevent corporate fraud by aiding whistleblowers

Hanen Khemakhem, Université du Québec à Montréal (UQAM); Mahbub Zaman, University of Hull; Nadia Smaili, Université du Québec à Montréal (UQAM), and Richard Fontaine, Université du Québec à Montréal (UQAM)

Contrary to popular belief, boards of directors are not the ones who establish whistleblowing procedures. Instead, boards depend on their management teams to implement them.

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