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This Paper shall be focused specifically and particularly upon assessing and evaluating the process and mechanism of reporting of corruptive and wrongdoing activities within the organisation. It is very crucial and essential for an organization to have clear and strict reporting procedures so to avoid any kind of prejudice the interests of the employees of the organisation. It is necessary for an organisation to have a clear process for making complaint of corruption and misconduct which may hamper the growth and sustainability of an organisation in the long run. This conduct forms the part of an ethical base and foundation of the organisation which is in present context massing in various giant entities.

In specific and legal terms having proper procedures and policies for reporting corruption and misconduct in an organisation is known as Whistleblowing and it basically and primarily is a regulatory requirement and the organisation do have legal obligations to implement these whistle blowing channels and putting efforts to protect the whistle blowers after they report fraudulent and corrupt activities and practices, and misconduct within the organisation.

This paper has been specifically structured to deal with the theories of the corruption, the agencies which deal with the issues and concerns of public corrupt activities and exposing them in the interests of the society and the misconduct of the policing agencies which are aimed to victimise the innocents and encourage the wrong doer to aggress with the criminal activities at a faster pace. The paper would also critically analyse and assess the ways and means which shall be considered beneficial for the purpose of safeguarding the interests of the whistle blowers who act as the medium for reporting any kind of suspicious, corrupt and misconduct activities of the personnel working in the organisation and actually working for prejudicing the interests of the organisation.

As far as the corruption and misconduct is considered and concerned, it could be reasonably drawn and inferred that corruption refers to the practices which are done under dishonest motives and intentions for the sole purpose of benefiting own self wrongfully at the cost of the innocent resources of the other individuals and misconduct is often related and linked to all those conduct and activities which is unethical and unprofessional in nature.

As far as the theories of the corruption is considered, they majorly are principal-agent theory, collective action theory, institutional theory and game theory. These are some of the major and essential theories of the corruption which has been discussed further. Commencing with the principal agent theory, this theory works on the premise that although agents are responsible for working in the interests of their principal but as a matter of fact and in reality the nature has changed and the agents give priority to their personal benefits and interests over the interests of the principal and as a result proceed with the corruptive actions and operations which increases gradually and hence, as a consequence the interests of the principal are prejudiced drastically at the cost of the personal benefits of the agent (David, 2012).

Collective action theory basically refers to an advanced version of corruption and suggests that the corrupt activities is a clear result of perception of the individuals about the probable behaviour and actions of other individuals. This theory works on the premise that how individuals perceive the behaviour and actions of others and initiate with their corrupt actions in accordance to the same. This theory is based on the assumption and belief that Corruption has become a social norm and all the individuals in the society view corruption to be the best practice for getting the work done easily without any obstruction and problem (Alexander, 2021).

Institutional theory is considered to be the most relevant theory as far as dealing with the activities of corruption in organisation is concerned as it suggests that the political structure of an organisation is the sole medium which helps in assessing the probability of aggressing with corrupt activities in the specific organisation or not.

These are some of the major theories of the corruption which provides that despite having anti-corruption norms why is the problem of corrupt activities so rampant in the society be it be any relationship or organisation therefore. The further reading of the paper shall be concerned with the agency in Victoria which specifically deals with the corrupt activities and helps in minimising the scope of corrupt activities in public entities and police misconducts. The agency is responsible for receiving the complaints and conducting investigations on the alleged practices and initiating judicial actions on the basis of the outcomes so derived (McCulloch & Maguire, 2022). The legislations which establishes and acknowledges this specific agency are majorly Independent Broad Based Corruption Act, 2011, Public Interest Disclosures Act and Charter of Human Rights and Responsibilities and several others (Ryan et al., 2022).

As far as the protection and safeguarding of the interests of the whistle blower is concerned, specifically within the Australian Jurisdiction is concerned, several amendments in major Commercial and Corporation Acts of Australia has actually acknowledged the importance of whistleblowing and avoiding any kind of corrupt and misconduct activities in the organisation. The amendments to the existing legislation have actually supported the interests of the whistle-blowers and has been efficient in deterring the organisations from entering into any kind of corrupt and fraudulent practices (Bramstedt, 2022).

As far as latest updates are concerned it can be viewed that ins Australia not specific protection has been duly given to whistle blowers and there is a sheer need to protect these persons. Although several amendments have been made out for the purpose of acknowledging the relevance of whistleblowing schemes the policies for providing them with due protection is necessary to be chalked out at the earliest.

References

Alexander, A. C. (2021). Gender, Gender Equality, and Corruption: A Review of Theory and Evidence.

Bramstedt, K. A. (2022). Whistleblowing policies and corporate values: a review of Australia’s largest corporations.  SN Business & Economics,  2 (2), 1-7.

David, I. O. (2012). Corruption: Definitions, theories and concepts.  Arabian Journal of Business and Management Review (OMAN Chapter),  2 (4), 37.

McCulloch, J., & Maguire, M. (2022). Reforming police oversight in Victoria: lessons from Northern Ireland.  Current Issues in Criminal Justice,  34 (1), 38-57.

Ryan, E., Warren, I., & Carlton, B. (2022). Biopolitics, control and pandemic policing in Victoria, Australia.  Justice, Power and Resistance,  5 (1-2), 127-147.

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