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Corporate governance systems exist to discourage self-interested behavior. One question that is often overlooked is how extensive these systems should be. A look at corporate governance today suggests that self-interest is high because companies are compelled - by regulators and the market - to...
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Trust is crucial for the success of interorganizational relationships, yet we lack a clear understanding of when trust-based governance is likely to succeed or fail. This paper explores that topic via a closed-form and a computational analysis of a formal model based on the well-known trust...
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This study examines the relationship between firms' political connections and their confidence in achieving enhanced … increased confidence in anticipating improved sales. This positive association remains robust even after controlling for various … mediating the relationship between firms' political connections and their confidence in future sales. …
Persistent link: https://www.econbiz.de/10014637103
prominent than contract-based governance in the multi-unit franchise network and the cross-franchising network, negatively … cross-franchising network. In contrast, contracts were more prominent than trust in single-unit franchising, negatively …
Persistent link: https://www.econbiz.de/10011888915
contract framing plays a key role in shaping the development of trust. Our empirical analysis uses a quasi-experiment to … perceived contract completeness and perceived control of the franchisor have different effects on trust according to the type of … contract framing. We point out the importance of our study for the contract-trust relationship debate and discuss its …
Persistent link: https://www.econbiz.de/10012999822
prominent than contractbased governance in the multi-unit franchise network and the cross-franchising network, negatively … cross-franchising network. In contrast, contracts were more prominent than trust in single-unit franchising, negatively …
Persistent link: https://www.econbiz.de/10014113142