White Terrell Owens Jersey

White Terrell Owens Jersey -

I read the recent news that Mahindra Satyam (previously known as Satyam Computers) White Terrell Owens Jersey declared its financial results after two years of working at the previous fraudulent statements and restating the same. You might recall, the fraud was alleged to be White Terrell Owens Jersey perpetuated by the previous owner Ramlinga Raju the then Chairman of the organization for an amount of Rs 7000 crore (Rs 70,000 million) or more. The CFO and External Auditor (PWC) are considered accomplices in the fraud. The new owners made a statement that the fraud may have originated as early as 1994, and the auditors were not doing their statement.

It got me thinking that since the fraudulent representation of financial statements continued for so many years, it is highly unlikely that qualified and highly trained chartered accountants were unable to identify these transactions. In this kind of a scenario where the Chairman is involved in the fraud and has so much of political and financial clout would a mere employee be in a position to whistle blow?

The whistle blower is expected to highlight to the audit committee or external legal authorities about the irregularities, fraudulent and unethical practices being adopted by the organization. The expectation is that the whistle blower will have the moral courage and character to go against the senior management of the organization for the greater good of the company and society. In the legal spirit the requirement definitely is justified.

In recent years the challenges mentioned on failure of whistle blowing procedures is that there is no protection against retaliation, socially the individual is ostracized and professionally the individual does not get another job thereby simply reaching a dead end in their careers. However, I think we are unable to see the forest from the trees.

My concern is that the basic premise of whistle blowing ? "a person having a moral character to go against authority figures" -is something to be questioned. I am bringing here the various psychological studies conducted which prove that normally a person will not undertake a whistle blowing activity. The percentages of human beings who will have this level of moral development are insignificant.

1. Milligram Experiment

In the Milligram experiment it has been proved that people comply with authority figures instructions without coercion to the point of causing another unknown innocent individual's death. It clearly indicates that ordinary people simply doing their job can participate in tremendously destructive activities which are against their personal value system because they are temperamentally geared towards complying with authority.

Extract from Wikipedia on Milligram Experiment - "The Milligram Study indicated that intelligent individuals who thought they were administrating deadly electric shocks onto a subject, continued to administer perceived deadly shocks at the prompting of an authority figure. There was no violent coercion in this experiment. However, the presence of a person who was perceived to be in authority was sufficient for most test subjects to continue administering perceived deadly electric shocks. The test subjects first questioned the viability of the experiment only when the shocks were of 135 volts. In Milligram's first set of experiments, 65 percent (26 of 40) of experiment participants administered the experiment's final massive 450-volt shock, though many were very uncomfortable doing so; at some point, every participant paused and questioned the experiment, some said they would refund the money they were paid for participating in the experiment. Only one participant steadfastly White Terrell Owens Jersey refused to administer shocks below the 300-volt level"