Jamal Awil

← The Social Control of Impersonal Trust

Private inspectors often outperform external regulators at risk detection. [contrarian]

Self-regulation has its defenders, too. Advocates point to the fact that private inspectors, unlike external regulators, are on site continually, "are more specialized and more knowledgeable about the risks generated by their company's operation," "are more likely to have the trust of the people they regulate and thus to have access to finer-grained and more relevant information," and "can tailor protective standards more closely to the hazards presented by the particular enterprise" (Bardach and Kagan 1982, pp. 219, 272).

Shapiro, Susan P., The Social Control of Imper…, loc. 118