This paper compares employment with spot trade of labor, formalizing arguments by Coase, Simon, and Williamson. With spot trade, an entrepreneur and a wealth-constrained worker bargain over different actions, and without agreement there is no trade. Employment is a relational contract that gives...

A plethora of researches about the repercussions of workplace bullying has depicted the negative employee emotional reactions, particularly neglecting the rational understanding behind this phenomenon. The current research examines the effect of workplace bullying on organizational work related...

Now a day's employees spend a large portion of their lives at workplace. Accordingly, friendships among employees are often formed at work place. The objective of this study was to determine the impact of workplace friendship (WPF) on employee task and contextual performance, job satisfaction...

Research in organizational climate paves the way to understanding the work environment. The study explored the effect of organizational climate on the individual work performance of the employees. To deepen the understanding of the concepts of the study, the literature was reviewed. The study...