Many firms conduct 'environmental audits' to test compliance with a complex array of environmental regulations. Commentators suggest, however, that self-auditing is not as common as it should be, because firms fear that what they find will be used against them. This article analyzes...

Many firms have instituted a policy of conducting their own "environmental audits" to test compliance with a complex array of environmental regulations. Yet, commentators suggest that self-auditing is still not as common as it should be because firms fear that the information they gather will be...