At a time when regulators and employers are increasingly relying on whistleblowers to prevent and investigate fraud, there's little understanding about the risks employees face when they step forward.
Aiyesha Dey and Jonas Heese, both professors at Harvard Business School, studied the experiences of some 2,400 whistleblowers who had filed lawsuits under the False Claims Act (U.S.). In their research, Dey and Hesse found that the reason whistleblowers are not typically motivated by financial gain when they elect to report misgivings to regulators.
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