We examine the implications of social trust for auditor reporting conservatism. Using a sample of listed companies in China, we find that clients located in high-trust regions are less likely to receive a non-clean audit opinion. This negative impact of social trust on auditor reporting conservatism increases when the client’s parent firm operates in a region of higher social trust, suggesting that social trust is contagious from a parent firm to its subsidiaries in (...) a consolidated entity. We provide evidence that the trust contagion is more pronounced for clients with a higher percentage of parent-appointed directors on their boards and clients whose parent firm has fewer subsidiaries. These findings indicate that monitoring and, to a lesser extent, personnel rotation may serve as potential channels of trust contagion. We also find that the impact of trust is more pronounced when the client is located closer to its audit firm, when the client’s parent firm is a state-owned enterprise or holds a higher percentage of the client’s shares, and when the client is associated with greater discretionary accruals. We provide further evidence that it is client rather than auditor trustworthiness that influences auditor reporting conservatism, auditors charge trustworthy clients lower fees, and clients from high-trust regions are less likely to manipulate earnings. Overall, our evidence suggests that social trust alleviates auditor concern about client moral hazard. (shrink)

To place epistemic trust in someone is to take their word for something. Much of the existing literature on epistemic trust concerns epistemic authorities. But as important as authority is to epistemic trust, it pales in comparison to the epistemic importance of conflicts of interests. In economics, we say that buyers shouldn’t take the word of sellers. Caveat emptor: let the buyer beware. I argue for a similar principle in epistemology. Caveat auditor: let the hearer beware. (...) Others often have incentives to testify in ways that are odds with our epistemic goals. Given this, our epistemic trust in others should be calibrated to reflect the epistemically virtuous and perverse incentives of ourselves and others. This basic principle explains the need for epistemic caution in a wide range of applied topics from politics to product reviews to fake news. (shrink)

The recent accounting scandals have raised concerns regarding the closeness of auditor–client relationships. Critics argue that as the relationship lengthens a bond develops and auditors' professional skepticism may be replaced with trust. However, Statement on Auditing Standards No. 99 states that auditors "should conduct the engagement with a mindset that recognizes the possibility that a material misstatement due to fraud could be present, regardless of any past experience with the entity and regardless of the auditor's belief about (...) management's honesty and integrity" (AICPA 2002, Statement on Auditing Standards No. 99, paragraph 13, p. 10). The purpose of this study is to investigate whether auditors develop trust in a client's management and whether this trust affects auditors' decisions. Specifically, this study examines whether auditors' satisfaction with a client's management during a prior audit engagement affects auditors' self-reported trust in that client's management and whether that trust affects their fraud risk assessment. The decision to trust a client's management should be an ethical decision because excessive trust may impair auditors' skepticism, which auditors are required to maintain by their professional responsibilities. We therefore also investigate whether auditors' trust is affected by their moral reasoning. An experimental case was completed by 89 professional auditors, all with experience assessing the risk of fraud. The results suggest auditors' satisfaction with the client affects their trust in the client (higher satisfaction associated with higher trust and lower satisfaction associated with lower trust). Further, after an overall unsatisfying experience, auditors' trust affects their fraud risk assessments. However, after an overall satisfying experience, their trust does not affect their fraud risk assessments. The results indicate auditors are able to maintain their professional skepticism after satisfying past experiences with the client regardless of their beliefs about the honesty and trustworthiness of the client's management. Lastly, auditors' moral reasoning was not related to their trust in the client's management. (shrink)

The recent accounting scandals have raised concerns regarding the closeness of auditor–client relationships. Critics argue that as the relationship lengthens a bond develops and auditors’ professional skepticism may be replaced with trust. However, Statement on Auditing Standards No. 99 states that auditors “should conduct the engagement with a mindset that recognizes the possibility that a material misstatement due to fraud could be present, regardless of any past experience with the entity and regardless of the auditor’s belief about (...) management’s honesty and integrity” (AICPA 2002, Statement on Auditing Standards No. 99, paragraph 13, p. 10). The purpose of this study is to investigate whether auditors develop trust in a client’s management and whether this trust affects auditors’ decisions. Specifically, this study examines whether auditors’ satisfaction with a client’s management during a prior audit engagement affects auditors’ self-reported trust in that client’s management and whether that trust affects their fraud risk assessment. The decision to trust a client’s management should be an ethical decision because excessive trust may impair auditors’ skepticism, which auditors are required to maintain by their professional responsibilities. We therefore also investigate whether auditors’ trust is affected by their moral reasoning. An experimental case was completed by 89 professional auditors, all with experience assessing the risk of fraud. The results suggest auditors’ satisfaction with the client affects their trust in the client (higher satisfaction associated with higher trust and lower satisfaction associated with lower trust). Further, after an overall unsatisfying experience, auditors’ trust affects their fraud risk assessments. However, after an overall satisfying experience, their trust does not affect their fraud risk assessments. The results indicate auditors are able to maintain their professional skepticism after satisfying past experiences with the client regardless of their beliefs about the honesty and trustworthiness of the client’s management. Lastly, auditors’ moral reasoning was not related to their trust in the client’s management. (shrink)

A constructive, highly professional relationship between tax authorities and taxpayers is essential for tax compliance. The aim of the present paper was to explore systematically the determinants of this relationship and related tax compliance behaviors based on the extended slippery slope framework. We used in-depth qualitative interviews with 33 self-employed taxpayers and 30 tax auditors. Interviewees described the relationship along the extended slippery slope framework concepts of power and trust. However, also novel sub-categories of power (e.g., setting deadlines) and (...) trust (e.g., personal assistance) were mentioned. Furthermore, also little-studied categories of tax behavior emerged, such as accepting tax behavior, e.g., being available to the tax authorities, or stalling tax behavior, e.g., the intentional creation of complexity. The results comprehensively summarize the determinants of the tax relationship and tax compliance behaviors. Additionally, results highlight future research topics and provide insights for policy strategies. (shrink)

This paper analyzes the rhetoric surrounding the profession’s presentations of auditor independence. We trace the evolution of thecharacter of the auditor from Professional Man in the early years of the twentieth century to the more public and abstract figures of Judicial Man and Economic Man. The changing character of the auditor in the profession’s narratives of legitimation reflects changes in the role of auditing, in the economic environment, and in the values of American society. Economic man is (...) a self-interested and shallow character who offered the auditing profession little protection against involvement in corporate scandals. In the wake of recent accounting scandals, the profession is calling for a return to the character of Professional Man to restore trust in audits and the financial markets.We also analyze the philosophical bases of the metaphors surrounding auditor independence. These metaphors, particularly the metaphor of independence as separation, create problems in conceptualizing independence concepts. How can you discuss appropriate relationships when your basic concept is one of separation, or no relationship? On the other hand, relational concepts of independence are also flawed if they are not based on a firm moral foundation. We suggest how the profession can act to rebuildits moral foundation through recognition of collective responsibility. (shrink)

The devastating impact of the climate crisis has led many countries to promulgate regulations that hold businesses accountable for their environmental externalities. However, while these formal constraints compel businesses to fulfill their legal obligations, scholars argue that acting in a socially and environmentally responsible way requires more than mere compliance with the law. Accordingly, we provide novel evidence of how the concept of social justice, implicit in society as an informal construct, underpins firms’ ethical behavior, compelling them to accept their (...) social responsibilities by reducing their environmental violations, implementing procedures to prevent further infractions, and repairing the breach in social trust that their transgressions have caused by engaging in restorative acts. Based on unique environmental violation and remedial action data from 2007 to 2022 in China, we establish that social trust significantly lowers a firm’s propensity to commit further ecological abuses. We also determine that firms in high-trust regions are more likely to undertake remedial actions in the aftermath of an environmental breach. Moreover, cross-sectional analyses reveal that the relationship between social trust and environmental violations is more pronounced for firms that face greater reputational pressure from higher media reporting, analyst coverage, auditing by Big Four auditors, and institutional site visits. This study augments the literature on environmentalism and argues that social trust also shapes corporate ethical behavior in addition to regulatory pressures. (shrink)

Capital markets depend on truthful corporate financial reporting. To assure financial statement integrity, auditors serve a critical gatekeeper role between corporations and investors. While public corporations pay audit fees, auditors ultimately serve the public interest and must uphold the highest standards of ethical conduct. To fulfill this public trust, auditors must remain independent of clients and be skeptical of potentially biased reporting. However, despite recent safeguards, research indicates that threats to professional skepticism persist. Drawing from social psychology, we argue (...) that auditors’ antagonistic narcissism contributes to compromised skepticism, as this trait is associated with unethical behavior and diminished concern for others. In a laboratory experiment engaging 154 CPAs, we show that trait antagonistic narcissism undermines auditor skepticism. Specifically, auditors high (low) in antagonistic narcissism are less (more) skeptical of questionable client reporting. We also examine how client-related cues influence judgment. On average, recent poor financial performance increases skepticism, while strong ESG performance decreases it. Additionally, we find auditors high in antagonistic narcissism are least skeptical in the absence of recent poor financial performance and, concurrently, in the presence of strong ESG performance. Auditors low in antagonistic narcissism are most skeptical in the opposite cue combination. Our findings reveal a troubling level of variance in ethics-related skepticism based on personality and contextual cues. This work contributes to research on audit quality and professional ethics by showing how dispositional traits may weaken auditors’ ability to identify and respond to others’ unethical reporting, ultimately compromising their gatekeeping role. (shrink)

Studies demonstrating the benefits of ethical behavior at an individual level are scarce. The business ethics literature centers its analysis on unethical behaviors and their consequences, rather than ethical behaviors and their benefits. There is now considerable debate on the role of auditors in society and the function of accounting firms in the free market capitalist system. Specifically, the eminently ethical nature of the auditor’s work has been highlighted. Therefore, the aim of our paper is to show the impact (...) of auditors’ sustained ethical behavior: the trust it generates. This trust results in considerable benefits for the firm due to a reduction in the costs of the partner’s supervision of the auditor. The methodology chosen to validate these claims is a survey of partner of the audit firm in auditing companies. The results of this research confirm the hypotheses raised in the theoretical model. (shrink)

The Swiss Digital Initiative pioneered the Digital Trust Label, a certification scheme for digital services aimed at end-customers and evaluating the trustworthiness of that service, e.g. a mobile banking app. Over the course of several years, the foundational documents and processes for the operations of such a label were created and the Digital Trust Label was brought to the market in January 2022 afterwards being used by over a dozen organizations in Switzerland and Europe.The Digital Trust Label (...) is a voluntary certification based on a standard defined by the Swiss Digital Initiative and involving a third-party auditor. The development of the Digital Trust Label and the consequent entry to the market provided valuable insights for auditing digital trust, developing, and maintaining such a certification scheme and market feedback on the value provided by such a certification. The implementation of the project also showed various difficulties in particular with digital trust as a concept, keeping up with a dynamic regulatory landscape and valuable lessons for the roll-out of similar certifications. (shrink)

This chapter examines the transformative impact of AI on the legal profession. It explores how roles will be reshaped and new specializations, such as AI auditors and legal engineers, will emerge. In the judiciary, AI-augmented practices, including hybrid human-AI judges and smart sensors, promise increased efficiency and judicial bias mitigation. Yet, these practices also raise concerns about judicial independence and the preservation of foundational legal principles. The business landscape of law practice will face parallel disruption, with innovative service delivery models (...) and value-based pricing gradually displacing traditional hourly billing and potentially leveling the playing field for small firms. Additionally, this chapter discusses the evolution of professional regulation to incorporate and monitor AI literacy and ethical oversight. Throughout, we emphasize the imperative of balancing technological integration with safeguarding equity, ethicality, and public trust. (shrink)

Internal audit provides an independent and objective opinion to the Board on risk management, control and governance, by measuring and evaluating their effectiveness in achieving an organisation’s agreed objectives. It also provides an independent and objective consultancy service to help line management improve the organisation’s processes. Internal auditors should respect in their work some ethical rules, especially these included in the Code of Ethics formed by the IIA. This code is intended to clarify the standard of conduct expected from all (...) members of the internal audit unit. The main four principles that should be observed are as follows: integrity, objectivity, competency and confidentiality Being ethical in internal audit is necessary in order to win the trust of the environment in which auditors work. However, declaring one’s readiness to respect the Code of Ethics is not enough. Much more important is to implement and comply with given rules in carrying out audit duties. (shrink)

Traditionally, certified public accountants (CPAs) have served a unique role in the world of commerce and the profession of accounting. They perform an attest function and thereby serve as the chief providers of relevant, high quality accounting information to the decision making public. CPAs are licensed practitioners, who as expert independent accountants express opinions about an entity'sfinancial statements. Their license provides them with the exclusive right to perform this attest function. This monoploy relies on the concept of independence that is (...) the normative standard of accountancy. It is this perceived independence of auditors which provides credibility, reliability and trust in the financial accounting information upon which stakeholders depend to make informed decisions. Now, however, we see the environment in which CPAs operate undergoing rapid change. Both the globalization of business operations and technological advances have radically changed how and where accountants work and the speed at which things happen. The very nature of accounting information services is evolving; moving from a concentration on audits to an increasing reliance on consulting and assurance services. New ethical issues have been raised by this confluence of changes in the accounting environment. Noteworthy is that the application of the principle of independence by CPAs has been called into question by no other than the SEC. Are those stakeholders who depend upon the independence of CPAs at risk? The influence of insiders has significantly increased as accounting firms perform multiple tasks for the same clients. This paper discusses the different groups who can potentially impair the independence of auditors and the steps that are being taken to enhance the "independence" of the auditors. (shrink)

Reports of research fraud have raised concerns about research integrity similar to concerns raised about financial accounting fraud. We propose a departure from self-regulation in that researchers adopt the financial accounting approach in establishing trust through an external validation process, in addition to the reporting entities and the regulatory agencies. The general conceptual framework for reviewing financial reports, utilizes external auditors who are certified and objective in using established standards to provide an opinion on the financial reports. These standards (...) have become both broader in scope and increasingly specific as to what information is reported and the methodologies to be employed. We believe that the financial reporting overhaul encompassed in the US Sarbanes–Oxley Act of 2002, which aims at preventing accounting fraud, can be applied to scientific research in 4 ways. First, Sarbanes–Oxley requires corporations to have a complete set of internal accounting controls. Research organizations should use appropriate sampling techniques and audit research projects for conformity with the initial research protocols. Second, corporations are required to have the chief financial officer certify the accuracy of their financial statements. In a similar way, each research organization should have their vice-president of research (or equivalent) certify the research integrity of their research activities. In contrast, the primary responsibility of the existing Research Integrity Officers is to handle allegations of research misconduct, an after-the-fact activity. Third, generally accepted auditing standards specify the appropriate procedures for external review of a corporation’s financial statements. For similar reasons, the research review process would also require corresponding external auditing standards. Finally, these new requirements would be implemented in stages, with the largest 14 research organizations that receive 25% of the total National Institutes of Health funding, adopting these research oversight enhancements first. (shrink)

Although the foundation of financial accounting and auditing has traditionally been based upon a rule-based framework, the concept of a principle-based approach has been periodically advocated since being incorporated into the AICPA Code of Conduct in 1989. Recent high profile events indicate that the accountants and auditors involved have followed rule-based ethical perspectives and have failed to protect investors and stakeholders – resulting in a wave of scandals and charges of unethical conduct. In this paper we describe how the rule-based (...) traditions of auditing became a convenient vehicle that perpetuated the unethical conduct of firms such as Enron and Arthur Andersen. We present a model of ten ethical perspectives and briefly describe how these ten ethical perspectives impact rule-based and principle-based ethical conduct for accountants and auditors. We conclude by identifying six specific suggestions that the accounting and auditing profession should consider to restore public trust and to improve the ethical conduct of accountants and auditors. (shrink)

While prior ecolabel research suggests that consumers’ trust of ecolabel sponsors is associated with their purchase of ecolabeled products, we know little about how third-party certification might relate to consumer purchases when trust varies. Drawing on cognitive theory and a stratified random sample of more than 1200 consumers, we assess how third-party certification relates to consumers’ use of ecolabels across different program sponsors. We find that consumers’ trust of government and environmental NGOs to provide credible environmental information (...) encourages consumers’ use of ecolabels sponsored by these entities, and consumers do not differentiate between certified versus uncertified ecolabels in the presence of trust. By contrast, consumers’ distrust of private business to provide credible environmental information discourages their use of business association-sponsored ecolabels. However, these ecolabels may be able to overcome consumer distrust if their sponsors certify the ecolabels using third-party auditors. These findings are important to sponsors who wish develop ecolabels that are more credible to consumers, and thus encourage more widespread ecolabel use. (shrink)

In recent years, global corporations and national governments have been enacting a growing number of codes of conduct and public regulations to combat dangerous and degrading work conditions in global supply chains. At the receiving end of this activity, local producers must contend with multiple regulatory regimes, but it is unclear how these regimes interact and what results, if any, they produce. This article examines this dynamic in the sugar sector in Brazil. It finds that although private and public agents (...) rarely communicate, let alone coordinate with one another, they nevertheless reinforce each other’s actions. Public regulators use their legal powers to outlaw extreme forms of outsourcing. Private auditors use the trust they command as company insiders to instigate a process of workplace transformation that facilitates compliance. Together, their parallel actions block the low road and guide targeted firms to a higher road in which improved labor standards are not only possible but even desirable. (shrink)

Committing financial fraud is a serious breach of business ethics. However, there are few large scale studies of financial fraud, which involve ethical considerations. In this study, we investigate the pervasive financial scandals, which by the end of 2012 involved more than a third of the US-listed Chinese companies. Based on a sample of 262 US-listed Chinese companies, we analyze factors that differentiate between firms that commit financial fraud and those that do not. We find that firms more predisposed to (...) unethical behavior, due to their low regional social trust in the home country and low respect for regulations and laws as proxied by political connections, are more likely to commit accounting and financial fraud. They take advantage of low hurdles for listing via reverse mergers and avoid third-party monitoring through poor governance and auditors. Finally, we find evidence, after these scandals, of non-fraudulent firms differentiating themselves from the fraudulent firms by sending costly signals such as insiders purchasing shares, increasing dividends, and going private. (shrink)

A contract research organization (CRO) is a specialized service provider that offers critical support to the pharmaceutical sector. Within a CRO, various departments work cohesively to ensure the seamless execution of clinical trials or bioanalytical/bioequivalence (BA/BE) studies. Among these roles, a pharmacologist is responsible for evaluating the medical components of study protocols and ensuring participant safety. Over the last 10 years, India has emerged as a preferred location for global clinical research, attracting numerous international pharmaceutical firms. The contract research industry (...) in India operates under strict scrutiny, with auditors and regulatory inspectors closely monitoring all processes. As per the Clinical Trials Registry-India (CTRI), it is mandatory to register all clinical trials conducted in the country at no cost. This registration must be completed before enrolling the first participant. In a CRO, a pharmacologist often serves as an investigator or principal investigator, overseeing trial conduct. India’s prominence as a clinical research hub for multinational pharmaceutical companies stems from multiple advantages. However, despite the growing interest in global clinical research, Indian CROs face certain challenges. Maintaining ethical business practices is crucial, as it fosters trust and strengthens partnerships with sponsors and collaborators. (shrink)

This instructional case explores ethical and leadership issues within the context of public accounting. The case examines one senior manager in a public accounting firm who failed to receive an anticipated promotion to partner and the resulting discussions and actions that follow. The primary objectives of the case are to increase students’ awareness of select ethical issues commonly faced by auditors as they attempt to serve the public trust, their clients, and their firms, and to consider their own value (...) system in relation to the issues identified in this case. The secondary learning objectives are to increase students’ knowledge of the AICPA Code of Professional Conduct / IESBA Code of Ethics, encourage consideration of the impact of ethical and unethical behaviors by auditors on others within the profession, and illustrate how leadership within an organization influences the behaviors of others. (shrink)

This contribution offers the author’s personal experience with a project that took place 25 years ago in Latin America. This was about Second Order Auditing in Colombia during the second part of the 1990s. This project was carried out at the Country’s National Auditing Office, and was an application of the Viable System Model and the Viplan Methodology to a National Context. It was an innovative project at the CGR, focused on Second Order Auditing, to improve communications within the fabric (...) of the Colombian government. Its emphasis was building responsible trust between public enterprises, ministries and political agencies. Its emphasis was building communications between ministries and public entities, with the aim of increasing their effectiveness. At its core were methodological and epistemological developments. Key questions it attempted to answer were how to model the complexity of the enterprises and how to transform the auditors’ views of their relations with people in public entities, from one focused on requesting information, to one focused on communications. Structural changes were proposed for the National Audit Office and state enterprises, and hundreds of auditors were trained, through epistemological methodological workshops, in second order auditing and the reports of their auditing were debated extensively in government and beyond. This paper finishes with a short discussion of these transformations in the light of organisational cybernetics and in particular of the Viable System Model. (shrink)

First published in 1987. Routledge is an imprint of Taylor & Francis, an informa company.

Jennifer Trusted's new book argues that metaphysical beliefs are essential for scientific inquiry. The theories, presuppositions and beliefs that neither science nor everyday experience can justify are the realm of metaphysics, literally `beyond physics'. These basic beliefs form a framework for our activities and can be discovered in science, common sense and religion. By examining the history of science from the eleventh century to the present, this book shows how religious and mystical beliefs, as well as philosophical speculation have had (...) a considerable role in motivating scientists and inspiring scientific inquiry. _Physics and Metaphysics_ presupposes no technical knowledge of either philosophy or science. It is an ideal introduction to science and the important forces that have shaped its history and ideas. (shrink)

This book was written for those who have a general interest in how the concepts of personal freedom and determinism affect their daily lives and their dealings with other people.

In Testimony, Trust, and Authority, Benjamin McMyler argues that philosophers have failed to appreciate the nature and significance of our epistemic dependence ...

A rift has opened between philosophical and non-philosophical perspectives on what kind of conceptual stance we can take towards artificial intelligence: are AI-powered machines the sort of things that can be trusted? Outside of philosophy, an ever-increasing body of research is looking at features of AI that promote trust and trustworthiness to understand how and why people “trust” AI. Within philosophy, this entire endeavor is widely seen as resting on a conceptual confusion about trust; trust requires (...) the object of trust having agential capacities that modern AI lacks, and so whatever this body of research is studying, it is not, properly speaking, “trust”. Who is right? To shed light on this question, we explore the extent to which people thought sentences involving trusting different sorts of things make sense. We find that people do think it makes sense to talk about trusting AI, although less than it makes sense to trust other humans – even if they do not think AI has the sort of agential capacities philosophers think are required to be the object of trust. We conclude that either trust does not require agency or that there are multiple senses of trust, and neither conclusion is consistent with “trustworthy AI” being a conceptual confusion. While this undermines one criticism of AI and AI-related stakeholders, it nonetheless does not entail that AI is worthy of our trust. (shrink)

According to most accounts of trust, you can only trust other people (or groups of people). To trust is to think that another has goodwill, or something to that effect. I sketch a different form of trust: the unquestioning attitude. What it is to trust, in this sense, is to settle one’s mind about something, to stop questioning it. To trust is to rely on a resource while suspending deliberation over its reliability. Trust (...) lowers the barrier of monitoring, challenging, checking, and questioning. Trust sets up open pipelines between yourself and parts of the external world. Trust permits external resources to have a similar relationship to one as one’s internal cognitive faculties. This creates efficiency, but at the price of exquisite vulnerability. We must trust in this way because we are cognitively limited beings in a cognitively overwhelming world. Crucially, we can hold the unquestioning attitude towards objects and technologies. When I trust my climbing rope, I stop worrying about its reliability. When I trust my online calendaring system, I simply go to the events indicated, without question. But, one might worry, how could one ever hold such a normatively loaded attitude as trust towards mere objects? How could it ever make sense to feel betrayed by an object? Trust is our engine for expanding and outsourcing our agency—for binding external processes into our practical selves. Thus, we can be betrayed by our smartphones in the same way that we can be betrayed by our memory. When we trust, we try to make something a part of our agency, and we are betrayed when our part lets us down. To unquestioningly trust something is to _let it in_—to attempt to bring it inside one’s practical functioning. This suggests a new form of gullibility: agential gullibility, which occurs when agents too hastily and carelessly integrate external resources into their own agency. (shrink)

In this paper, I argue that reactive feelings such as betrayal and personal disappointment are not inherent to the attitude of trust. Instead, such feelings are better understood as responses to impairments in relationships. Trust, I propose, is a fully doxastic mechanism that fundamentally consists of the belief that the trustee will follow through the norms constitutive of the relationship, such that a breach of trust directly calls only for an epistemic reassessment of the trustee’s trustworthiness. I (...) further show that what warrants reactive feelings is not the mere fact of trust being broken, but whether through the violation of trust, the person reveals a disregard for the relationship. (shrink)

The power of new medical technologies, the cultural authority of physicians, and the gendered power dynamics of many patient-physician relationships can all inhibit women's reproductive freedom. Often these factors interfere with women's ability to trust themselves to choose and act in ways that are consistent with their own goals and values. In this book Carolyn McLeod introduces to the reproductive ethics literature the idea that in reproductive health care women's self-trust can be undermined in ways that threaten their (...) autonomy. Understanding the importance of self-trust for autonomy, McLeod argues, is crucial to understanding the limits on women's reproductive freedom. -/- McLeod brings feminist insights in philosophical moral psychology to reproductive ethics, and to health-care ethics more broadly. She identifies the social environments in which self-trust is formed and encouraged. She also shows how women's experiences of reproductive health care can enrich our understanding of self-trust and autonomy as philosophical concepts. The book's theoretical components are grounded in women's concrete experiences. The cases discussed, which involve miscarriage, infertility treatment, and prenatal diagnosis, show that what many women feel toward themselves in reproductive contexts is analogous to what we feel toward others when we trust or distrust them. -/- McLeod also discusses what health-care providers can do to minimize the barriers to women's self-trust in reproductive health care, and why they have a duty to do so as part of their larger duty to respect patient autonomy. (shrink)

This paper sets out an account of trust in AI as a relationship between clinicians, AI applications, and AI practitioners in which AI is given discretionary authority over medical questions by clinicians. Compared to other accounts in recent literature, this account more adequately explains the normative commitments created by practitioners when inviting clinicians’ trust in AI. To avoid committing to an account of trust in AI applications themselves, I sketch a reductive view on which discretionary authority is (...) exercised by AI practitioners through the vehicle of an AI application. I conclude with four critical questions based on the discretionary account to determine if trust in particular AI applications is sound, and a brief discussion of the possibility that the main roles of the physician could be replaced by AI. (shrink)

South Africa continues to experience symptoms of premature deindustrialisation and a stagnant economy wherein non-financial corporations have increased the proportions of the cash holdings and financialisation. This study investigates whether the gains from corporate financialisation, driven by the growth of shareholder value ideology, influence the cash holding behaviour of non-financial firms. There have been observable patterns of increasing cash holdings, reduced real investment, and increased participation in financial activities by traditionally non-financial corporations. There remains a dearth of empirical studies that (...) investigate whether corporate cash holdings are driven by the financialisation of non-financial firms. We analyse panel data of NCFs listed on the South African, Johannesburg Stock Exchange (JSE) covering a period from 2000 to 2020. This study finds that the financialisation of investments and operations of non-financial firms positively drives corporate cash holdings. Cash holdings provide firms with the flexibility to invest in profitable but short-term financial investments. By showing the confluence between corporate financialisation and corporate cash holdings, this study can assist policymakers in understanding how shareholder value maximisation ideology has transformed corporate strategy from the traditional ‘retain and reinvest’ to ‘dominate and distribute’ and to ‘downsize and distribute’. This study provides a new way of understanding the drivers of cash holdings of NCFs listed on the JSE. The increasing financialisation of South African NCFs is enabled by high corporate cash holdings. (shrink)

There has been a surge of interest in explainable artificial intelligence (XAI). It is commonly claimed that explainability is necessary for trust in AI, and that this is why we need it. In this paper, I argue that for some notions of trust it is plausible that explainability is indeed a necessary condition. But that these kinds of trust are not appropriate for AI. For notions of trust that are appropriate for AI, explainability is not a (...) necessary condition. I thus conclude that explainability is not necessary for trust in AI that matters. (shrink)

Where does entitlement to trust come from? When we trust someone to φ, do we need to have reason to trust them to φ or do we start out entitled to trust them to φ by default? Reductivists think that entitlement to trust always “reduces to” or is explained by the reasons that agents have to trust others. In contrast, anti-reductivists think that, in a broad range of circumstances, we just have entitlement to (...) class='Hi'>trust. even if we don’t have positive reasons to do so. In this paper, we argue for a version of anti-reductivism. Roughly, we argue that we have default entitlement to trust someone to φ so long as there is an operative norm that requires S to φ. At least in such circumstances (and absent defeaters), we don’t need any positive reasons to trust S to φ. (shrink)

The purpose of this book is to show how the science of biology has been influenced by ethical, religious, social, cultural and philosophical beliefs as to the nature of life and our human place in the natural world. It follows that there are accounts of theories and investigations from those of Aristotle to research in molecular biology today. These have been selected to illustrate the theme and there is no intention to present a comprehensive history of biology. It is suggested (...) that ethical beliefs in particular have a greater influence in biology than in other sciences, such as physics and chemistry, and this is because biology includes the study of ourselves and involves us in consideration of the value and purpose of life. Attitudes to non-human life are also coloured by ethical beliefs and though some philosophers, for example Descartes, thought that only human beings were capable of thought and feeling the general view has always been that animals were sentient. Our treatment of animals and our attitudes toward them have also been conditioned by religious views as to the position of humans in relation to the natural world. (shrink)

ABSTRACT This paper addresses a current confusion in debates on the morality of experimentation on human pre‐embryos: the confusion that arises from ambiguity in the sense of ‘human being’. We may quite legitimately decide to apply the term ‘human being’to all entities with human DNA but in that case we should not then imply that all human beings are as much objects of moral concern as the fetus or a post‐parturate human being. It is argued that whatever classifying terms we (...) use, potential entities need to be distinguished from actual entities and that the very notion of potentiality rests on this distinction. The paper does not offer an argument in favour of experimentation, rather it appeals for clear thought. Moral attitudes to experimentation on pre‐embryos are varied and attempts to analyse issues through implicit appeal to emotionally ambiguous terms do not help the moral debate. (shrink)

A short account of the philosophy of knowledge for students reading philosophy for the first time. It also serves as a general introduction to those interested in the subject.

This book examines the place of mathematics in Berkeley's philosophy and Berkeley's place in the history of mathematics. Beginning with an account of the traditional "abstractionist" philosophy of mathematics which Berkeley opposed, it examines his case against abstract ideas as well as his differing accounts of arithmetic and geometry. Berkeley's critique of the calculus is also examined in detail, beginning with a historical treatment of the origins of the calculus, proceeding to analyze Berkeley's objections in his 1734 work "The Analyst", (...) and studying some of the many responses to Berkeley. (shrink)

First published in 1987. Routledge is an imprint of Taylor & Francis, an informa company.