“Public companies appear to have a better handle on their books after a whistleblower investigation, according to a new study reported by The New York Times. Jaron H. Wilde from the University of Iowa attempted to clarify the impact on corporate practices of employees blowing the whistle. He concluded that whistleblowing can lead to lasting changes within a company and a sharp decrease in financial misconduct. The study used Department of Labor data from 2003 to 2010 to identify 317 public companies where employees filed a complaint with the Occupational Safety and Health Administration (OSHA) for facing whistleblower retaliation. Those companies were tracked against “control firms” for changes in financial reporting. The study left out other types of whistleblowing in which employees did not submit retaliation claims to OSHA or whistleblowing could not be observed…”