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Explores contributions to the process of organizing the interests of professional labour through a study of the debate on the governance of the Institute of Chartered Accountants in England and Wales. The Tricker and Wersley Reports have illuminated the tensions and contradictions associated with the organization and regulation of labour. Shows specifically that, by striving to secure and maintain their powers and privileges, “professional” associations are caught on the horns of their dual responsibility as“self‐interested” sellers of labour and as guardians of“the public interest”.

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