Industrial safety and environmental regulation are major recent additions to the external activities affecting enterprise organizations. The advent of these programs continues the trend for organizations to bear increasing administrative costs for such programs. Management studies indicate that the relative rank of executives dealing with such matters equals the rank of executives concerned with principal production activities, yet none of the legislation gives attention to the impact of the program on individual enterprise. Both public agencies and enterprises must make preparations for better performance in regulation if the growing needs of public policy are to be met. Public agencies should in turn improve their capacities for the inevitable conflict and its resolution. A key step in this direction is the use of discovery procedures by independent research institutions. Enterprise should systematically measure the total impact of public policy on its organization by means of the social audit so that the costs and benefits to the enterprise of all public policies can be computed. The social audit should be supported by a financial statement and a management audit. Self-reporting is recommended as a means of achieving these audits. /Author/

Media Info

  • Media Type: Print
  • Features: References;
  • Pagination: pp 46-48
  • Monograph Title: Surface transport regulation and railroad planning
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00196877
  • Record Type: Publication
  • ISBN: 0309028329
  • Files: TRIS, TRB
  • Created Date: Aug 28 1979 12:00AM