IIARD International Institute of Academic Research and Development

WORLD JOURNAL OF FINANCE AND INVESTMENT RESEARCH (WJFIR )

E-ISSN 2550-7125
P-ISSN 2682-5902
VOL. 7 NO. 4 2023
DOI: https://doi.org/10.56201/wjfir.v7.no4.2023.pg15.33

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Effectiveness of Whistleblowing in the Nigerian Public Sector and Corporate Crime Prevention

Emmanuel ATAGBORO PhD, MNAA & Helen-May OGOUN

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Abstract

This research analyzed how useful whistleblowing is in the fight against wrongdoing within corporations. The lack of previous empirical data on the efficacy of whistleblowing in preventing corporate criminality inspired the study. The 5% threshold of significance was used to examine two study questions and hypotheses. An online survey was used to gather data for this investigation. Public servants in Bayelsa State make up the study's population. Purposeful sampling was used to choose 150 random workers. Data for the study came from a set of standardized questionnaires filled out by participants; descriptive statistics, including the mean, were calculated, and inferential statistics, including multiple regression analysis, were calculated, all with the assistance of SPSS 25.0. According to the research, the public sector in Nigeria is able to keep corporate crime at bay because to the culture of its organizations and the dedication of its whistleblowers. Results showed that whistleblowing was a successful approach in reducing corporate crime in Nigeria's public sectors. The findings led to the following recommendations: public education on the value and advantages of whistleblowing; and providing response and continual communication on cases under examination to keep interested parties informed.

keywords:

Whistleblowing, Corporate Crime Prevention, Public Sector

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References:

Adetula, S.L. & Amupitan, M.D. (2018). Whistle blowing as a tool for combating the menace
of fraud, forgery and corruption in Nigeria. International Journal of Advanced Academic
Research, 4(3), 31-49.

Ahmadu, H.J. (2021). Insights on whistle blowing policy as a tool for fighting corruption in
Nigeria. International Journal of Management Studies and Social Science Research,
3(5), 1-8.

Apadore, K., Chin, C.Y., Cheau Qi, M.D., Yan, T.M., Yu-Sinn, W.G. & Min, W.T. (2018).
Factors affecting whistleblowing intention: An empirical study. South East Asia Journal
of Contemporary Business, Economics and Law, 15(5), 104-114.

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