ICAEW.com works better with JavaScript enabled.

Continue reading

Inducements for non-disclosure of information

Ethics business case study: You have concerns about business conduct at a firm which you are leaving and believe there may be issues which should be disclosed. You have been led to understand that if you agree to a gagging clause then you will receive a substantial payoff.

You have been with your employer less than a year but things have not turned out well and you are moving on. You have some grave concerns about business conduct, and believe there maybe issues which should be disclosed (to auditors or the regulator).

You are negotiating a compromise agreement, and you have been led to understand that if you report any concerns you will not receive a settlement, whereas if you agree to a gagging clause then you will receive a substantial payoff.