TMG Digital reports that more than half of South Africans in the corporate turn a blind eye to business misconduct.
According to the findings of the fourth SA Business Ethics Survey released on Monday‚ 52% of those do not report observed ethical lapses because of a "belief that the company would not take action and a fear of victimisation". "While awareness of corporate ethics codes has increased‚ there has been a drop in the number of persons reporting ethical misconduct‚" researchers indicated in a statement on Monday. The Ethics Institute CEO Prof Deon Rossouw said this was probably because South African companies were investing fewer resources in improving their ethics performance and‚ as a result‚ ethical business practices were still not well-embedded into the organisational culture of corporate SA. The survey also found‚ since the previous edition in 2013‚ an "11% increase in the number of employees who observed misconduct (to 25%)", combined with the fact that 16% fewer employees were reporting it than in 2013.
- Read this report in full at BDLive
- See too, 'Staff afraid to blow whistle because of fear of victimisation’, at TimesLive
Get other news reports at the SA Labour News home page