Hih: Failure of Australia's Largest Term Paper

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" (ERisk.com Case Study Online) Many were affected by the collapse of HIH Insurance Company with stakeholders being the company employees, policyholders of the company, as well as the Australian taxpayer who will help shoulder this debt and finally those who are referred to as the "whistleblowers" or those that tipped off regulators that something was amiss.

There has been a strong campaign for protection for whistleblowers for both private and public sectors in Australia for the last ten years. Protection for whistleblowers serves public interest through exposure and elimination of waste, fraud and impropriety within a corporation or company.

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If those who would report such actions against a company were protected then collapses such as HIH's and other companies recently in the news might be altogether avoided or at the least minimized as to the impact, which they have.

Recommendations are for ethical and proper business dealings on the part of company managers with encourage being the retaining of their job, their reputation as well as their self-respect and the respect of others in the business......

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"Hih Failure Of Australia's Largest" (2005, March 13) Retrieved May 22, 2025, from
https://www.aceyourpaper.com/essays/hih-failure-australia-largest-62868

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