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Big field, small potatoes

An empirical assessment of EPA's self‐audit policy

Datos Bibliográficos

ID11683406
AutoresAlexander Pfaff (0000-0002-6886-6906, Columbia University, autor de correspondencia), Chris William Sanchirico (William P. Wharton Trust)
Año2004
Volumen23
Número3
Páginas415-432
Fecha de publicación2004-06-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaJournal of Policy Analysis and Management (JOURNAL)
Identificadores de la revistaISSN: 0276-8739 • E-ISSN: 1520-6688
EditorialWiley (PUBLISHER • GB)
DOI10.1002/pam.20027
OpenAlexW3124608320
IdiomaEN
Citas recibidas11
Referencias citadas12

Environmental self‐auditing is said to deserve and require encouragement. Although firms can audit themselves more cheaply and effectively than regulators, they are deterred for fear that information they uncover will be used against them. To reduce this disincentive, the Environmental Protection Agency's (EPA's) Audit Policy lowers punitive fines when firms promptly disclose and correct self‐discovered violations. While some contend that the Audit Policy is inadequate, EPA touts its success based on the policy's track record. Our examination of that track record leads us to question EPA's claim. Comparing the violations in these cases with those detected by standard EPA enforcement suggests that the typical self‐audited violation is relatively minor. Cases arising under the Policy are more likely to concern reporting violations and less likely to concern emissions. The relative insignificance of self‐audited violations raises a number of policy questions, including whether the Audit Policy should be revised to play a larger role in enforcement. © 2004 by the Association for Public Policy Analysis and Management

Agency (philosophy · Audit · Business · Economics · Enforcement · Environmental audit · Insignificance · Political science · Public economics · Punitive damages · Economic and Environmental Valuation · Law · Law, Economics, and Judicial Systems · Psychology · Regulation and Compliance Studies · Accounting

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Obras citantes distintas11
Citas por año0,41
Intervalo de citas1999 - 2025 (27)
Velocidad de citaciónrecent
Altamente citadoNo
Tipos de citaNeutras: 11
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