The Fourth Lingshi Financial Crisis

Chapter 44 Internal Reporting System
Chamber of Commerce management is inherently troublesome.

But when things got to this point, Yang Lu had no chance to retreat, so he had no choice but to bite the bullet and say: "Talent is the foundation of the chamber of commerce, but I also know that the problem of lack of talents in the Qingning chamber of commerce will not be solved for a while, so I can only use some Temporary means."

Li Qingning's eyes immediately became hot: "As long as there is a way, it's fine, you just say it's okay!"

The staff of the Qingning Chamber of Commerce are all mediocre people. Facing Li Qingning, a high-ranking cultivator, most of the clerks can't even speak clearly. Even if there are a few mortals who can speak clearly, most of them will only ask for instructions. and admit mistakes.

After all, Yang Lu was born in modern times, and he instinctively thought that all men were born equal. This kind of attitude of taking the initiative to share the boss's worries immediately raised Li Qingning's favorability to a higher level.

Hearing that the beautiful lady was not ashamed to ask, Yang Lu sighed and said, "There are many ways, the simplest and most immediate way is to establish an internal reporting system!"

The internal reporting system mentioned by Yang Lu is also a system innovation vigorously promoted by the US Securities Regulatory Commission (SEC) in recent years.

Compared with the supply chain corruption problem of the Qingning Chamber of Commerce, the financial corruption problem in the earth's capital market is more difficult to deal with.

This is because financial crimes are highly professional. Even regulators with financial backgrounds will find it difficult to detect signs of financial corruption if they have not handled specific businesses.

The internal reporting system has been proven by the US Securities Regulatory Commission (SEC) to be a very effective means of anti-corruption.

The principle behind it is simple: no matter how secretive the means of financial crime are, it is difficult to hide from the eyes of peers, accomplices, upstream and downstream business partners, and even competitors.

In most cases, whether these insiders will report financial crimes is actually a question of cost performance.So the idea of ​​the SEC is quite simple and rude, as long as I offer a high enough reward, I can guarantee that your closest person will betray you!
Since the first "whistleblower bonus" was issued in 2012, the SEC has issued a huge amount of more than US$83 million to 5 whistleblowers, and in the first half of 2020, it issued a bonus of up to US$5000 million Record reporting bonus.

How many normal people can resist the temptation to become a billionaire by reporting on their peers?

Many people can't wait to sell their own fathers!

The huge anti-corruption effect brought about by this reporting system has quickly attracted countries all over the world to follow suit.

Of course, a large oriental country has also learned this system, but it is a pity that the country's maximum reward for securities violation whistleblowers does not exceed 30 yuan, which is so insignificant compared with the illegal amount that can easily reach hundreds of millions of yuan.

Worried about being retaliated against by illegal subjects and unreasonable leeks, whistleblowers have no motivation to provide information to regulatory agencies, but will choose to collude or even blackmail.

This may be the so-called South Orange and North Trifoliate!
Yang Lu believes that the establishment of an internal reporting system in the Qingning Chamber of Commerce may even be more effective than that of the US Securities Regulatory Commission.

After all, the Kyushu cultivation world is not American imperialism, and there are not so many lawsuits and legal procedures. As long as the charges of corruption and violation of the heavenly contract signed by labor and management are confirmed, the family members of the perpetrators can wait for the body to be collected.

Although the cultivators of this world are unable to act recklessly due to the merit system of heaven, they still do not regard ordinary people as human beings in their hearts.As long as mortals lose the protection of heaven, killing a cultivator is as easy as trampling an ant to death!
Beyond that, supply chain corruption is a natural fit for a whistleblower system.

A very important regulatory difficulty in financial corruption is that there are often no specific victims.

For example, after many leeks lose money in the stock market, they often feel that they are unlucky. In fact, they don't even know that they were cut by the capital players involved in insider trading.Even if these money-losing leeks want to report to someone, they don't know who cheated them.

But supply chain corruption is different. Procurement is a highly exclusive activity.

Manufacturer A became a supplier of Qingning Chamber of Commerce, which often means that Manufacturers B and C lost orders from Qingning Chamber of Commerce.

It’s fine if manufacturer A wins by means of normal competition, but if manufacturer A wins by means of abnormal competition, both manufacturers B and C have sufficient motivation to report it.

Li Qingning, as a leader far away, may not be able to understand the means of collusion between manufacturer A and the procurement department, but as the same manufacturer B and C, would he not know?

Although the principle of the internal reporting system seems very simple, it is quite complicated to operate.

For example, in most cases, three manufacturers A, B, and C may bribe the procurement department at the same time. Manufacturer A wins in the end, probably because it bribes the most. If manufacturer B reports on manufacturer A, it will often lead to the death of both parties. As a result, even if manufacturer B suffers a dull loss, it will only choose to swallow its anger.

Another example is that in order to prevent manufacturers B and C from reporting the bribes, the person in charge of purchasing will often reward them according to the amount of bribes and give them part of the order.

Therefore, in the specific practice process, the actual situation must be fully considered, and the reporting rules must be fine-tuned.

Even if Yang Lu told Li Qingning the principle of the internal reporting system, she might not be able to operate it well, which is why Yang Lu insisted that management is a practical art, not a theoretical science.

Yang Lu also intends to convince this beautiful lady.

In order to explain the truth clearly to Li Qingning, he not only broke the truth into pieces, but also cited the bribery cases of medical device companies he had investigated to illustrate the problem.

After all these quotations, Li Qingning's beautiful eyes sparkled. Even Butler Zhou, who had just served tea to the two of them, was attracted by Yang Lu's eloquent speech.

After Yang Lu finished his long speech, Li Qingning was already hungry and thirsty, so he made a decision without saying a word: "Consultant Yang has a profound knowledge of management. I think the internal system reform of the Qingning Chamber of Commerce can be completely handed over to you!"

Yang Lu didn't expect Li Qingning to be so decisive in throwing his hands away as the shopkeeper.

In the web articles on Earth, it is the protagonist’s privilege to throw away the shopkeeper. The specific work is done by the supporting characters and his wife, but it turns out that it is his turn. No matter how chatting and chatting, he will become Miss Li’s tool man up?

He hastily declined and said, "I'm new here, this..."

Li Qingning didn't give him a chance to refuse, and immediately interrupted: "I believe in your ability! Even I myself have to learn from you!"

Yang Lu was also dazzled by Li Qingning's beauty, and when he heard that Li Qingning wanted to learn from him himself, he immediately cheered up: "Since the eldest lady trusts her so much, I will be disrespectful!"

Steward Zhou saw that his eldest lady trusted Yang Lu, a stranger, so much, and wanted to say something, but it was a pity that Li Qingning was in the mood and couldn't allow others to intervene.

She said directly first: "Uncle Zhou, I must have a vision! If I hadn't written to City Lord Jiang, how could City Lord Jiang have sent such talents to our chamber of commerce!"

At this time, Li Qingning actually thought that Yang Lu was sent by Jiang Hua'an. Thinking of this, Yang Lu and Butler Zhou looked at each other, and they could see the speechlessness in each other's eyes.

But turning his head, Steward Zhou immediately convinced him: "Young lady is still wise, I am convinced!"

Yang Lu was not to be outdone, and immediately followed suit: "Miss is not suspicious of employing people, and suspicious people are not used, and I admire her very much!"

The eldest lady was so flattered by the two people that her pretty face turned red, she smiled and waved her hands and said, "Haha, where is it, Mr. Yang is still outstanding, I just played a small leading role, haha, haha!"

(End of this chapter)