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The purpose of this study is to illustrate the potentially detrimental effects on audit decision-making of certain judgmental heuristics, which can lead to systematic judgmental biases. This paper provides background on the heuristics and biases approaches to decision-making to increase auditors' awareness of the anchoring and adjustment effects affecting audit judgments adversely.

This study reports the results of an experimental research design analyzing the audit judgment of 85 auditors in Switzerland.

Based on the results of the experiment, the results indicate evidence on the existence of the anchoring and adjustment heuristic in Swiss audit judgments. The authors could identify an influence of the audit company size, the auditors' experience and the auditors' knowledge about behaviorism and anchor heuristic with regard to the anchoring and adjustment effect on audit judgment.

The experimental tasks were relatively simple abstractions from the more complex analytical review situations faced by practicing auditors. Due to the small sample size, the authors cannot ensure representativeness of the results.

Professional judgment is a skill that auditor acquires overtime, combined with experience and knowledge, that allows him to achieve reasonable judgments, being independent of other opinions and free from material biases in a given circumstance. Our results show that auditors who are aware of biases and heuristics are less prone to judgment biases.

This paper is the first to analyze the impact of auditors' explicit experience and knowledge about behaviorism and anchor heuristic on the anchoring and adjustment effect on audit judgment. Through a stronger awareness of cognitive biases, a professional skepticism can be enhanced.

A commonly misunderstood characteristic of ERM in Switzerland is that it is perceived as a risk minimization tool. However, ERM is about controlling an ideal risk exposure level to pursue strategic objectives. ERM has emerged as an important business topic in Switzerland. As major challenges still pose a threat to successful ERM implementation, this study provides some causes for reflection on how to implement ERM model in order to gain a comprehensive view on all risks, opportunities and their respective interdependencies. Moreover, this study suggests policy makers to think about how to strengthen risk-based disclosures in the future.

The discourse about agriculture within Switzerland’s and Germany’s public is to be compared in order to obtain an idea about the impact of the different agricultural systems. The paper aims to discuss this issue.

After a brief description of agricultural systems and policies in Germany and Switzerland, the discourse among the general public in the two countries in internet newsrooms and message boards is analyzed. The subjects of discussions are compared, and selected sequences are analyzed using objective hermeneutics.

Results indicate that, in Germany, agriculture is largely perceived as a black box where food safety is a crucial issue. Although food safety also is discussed in Switzerland, Swiss discussants focus more on changes that should be implemented in agricultural production and policy systems.

The quantitative and qualitative evaluation of newsrooms and message boards reveals important insights, particularly in a comparative setting.

A small-structured agriculture may contribute to generate trust in the reliability of food safety among consumers.

The discourse on German and Swiss internet platforms on agricultural issues reveals significant differences which shows that such an analysis allows important insights.

There is a lack of efficiency when dealing with information and searching for the right content. Aims to present a procedural model which in essence is a generalized approach to terminology management, with which to build and maintain glossaries and taxonomies.

In addition to an extensive literature review, analysis of three action research cases with several corporate partners is presented. The first case focuses on the introduction of a glossary for a Swiss insurance company. The second illustrates the results from setting up a corporate taxonomy at an international professional services firm. The third case combines glossary and taxonomy for document classification and retrieval.

Glossary and taxonomy are suitable for solving a wide range of terminological defects. Usage and maintenance processes play a central role in the management of terms and should be well defined. Only a well‐suited trade‐off between centralized and decentralized terminology management will be sustainable.

Other means besides clearly defined processes have to be defined to clearly eliminate certain issues. Furthermore, there is the question of whether the implementation of terminology management could benefit certain types of companies in certain industry branches more than others.

Concrete actions that have to be taken into consideration when introducing glossary and taxonomy systems.

Proposes a procedural model for the introduction of glossary and taxonomy as well as the cultivation of a corporate terminology.