Arbeitspapier

A fresh look at whistleblower rewards

Recent years have seen a rapid increase in legislation governing, protecting, and rewarding whistleblowers. Whereas the EU recently enacted a Directive protecting whistleblowers, the US has gone one step further long ago, not only protecting them but also offering substantial monetary rewards for their information. In this paper. we review the evidence for the effectiveness of US whistleblower reward programs and consider some recent novelties. We also consider objections against these programs and local factors in the US that likely contribute to their success. Finally, we voice some concerns over the EU Directive's ability to achieve its policy objective of enhancing enforcement of Union law.

Language
Englisch

Bibliographic citation
Series: SITE Working Paper ; No. 56

Classification
Wirtschaft
Basic Areas of Law: General (Constitutional Law)
Regulation and Business Law: General
Illegal Behavior and the Enforcement of Law
Subject
whistleblowers
whistleblower rewards
corporate wrongdoing

Event
Geistige Schöpfung
(who)
Nyreröd, Theo
Spagnolo, Giancarlo
Event
Veröffentlichung
(who)
Stockholm School of Economics, Stockholm Institute of Transition Economics (SITE)
(where)
Stockholm
(when)
2021

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Nyreröd, Theo
  • Spagnolo, Giancarlo
  • Stockholm School of Economics, Stockholm Institute of Transition Economics (SITE)

Time of origin

  • 2021

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