Workers and Managers

[Yoshie Furuhashi]

At 12:13 PM -0800 1/27/03, Gar Lipow wrote:
>>Aren't the sort of CEOs and board members (be they of accounting 
>>firms or other corporations) who have the ability to undercut the 
>>interest of other shareholders actually _owners_ themselves, rather 
>>than just managers?
>
>Yes. But the auditors are not. Auditors are what I would classify as 
>coordinators and you would classify as skilled workers.

Those who do the actual work of auditing (and other sorts of 
regulatory work) are skilled workers, but what they work on, how they 
work, what they are allowed to accomplish, how many of them are 
employed, etc. are not determined by them -- rather they are 
determined by those who control the state agencies (in the case of 
auditors in the public sectors) and firms (in the case of those in 
the private sectors).
-- 
Yoshie

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