Policyholders and other claimants in insurance companies are interested in “solidity,” i.e., the ability of insurers to meet their claims obligations in both the short run and the long run. Insurance regulators exist in order to represent the interests of consumers. Great emphasis is placed...

The auditor's report is the essence of his or her function. Therefore, the methodology of audit decision making — specifically, the logic of the auditor's decision to publish a report on a client's financial statements — is an extremely important theoretical and practical matter. It is also...

Professions are granted autonomy by society, to regulate their own affairs. In return for the economic benefits autonomy grants to professions, society expects professions to act in a socially responsible manner. This paper presents a game-theoretic analysis of the relationship between society...

This book is a volume in Blackwell's Foundations of Business Ethics series. Books in this series, are authored by business ethicists and are intended to provide text materials for courses in business. Because of its major focus on official ethics pronouncements of regulatory and professional...