Compliance and trade secret

Abstract

It is essential for the optimal and profit-oriented operation of business organizations to have information and data that are secret to the outsiders. Disclosure of such data may not only cause economic disadvantage to the organization, but may also result in a lost of reputation. The study deal with the question: how compliance tools can protect a business’s trade secrets. In the study I propose the establishment of protection levels, as well as the study deals with the relevance of whistleblowing.