Initial public offering (IPO) underpricing is positively correlated with managerial confidence. We hypothesize that … highly overconfident managers, who tend to overvalue their own firm, use underpricing to signal their beliefs to the market … raising activities of IPO firms supports this conjecture. However, firms with highly overconfident managers do not …

subordinates' trust in managers, this study explores the reverse. It stems from the need to enhance organisational performance by … improving trust between managers and subordinates. Design/methodology/approach: The study uses a quantitative approach with …. Data were primarily collected from managers in South African manufacturing firms. Findings/results: Psycap was the …

Using establishment-level count data, we investigate the relationship between employee trust of their managers and both …: (i) product- market conditions; and (ii) the observability of manager’s actions within the firm. When demand is expanding … (contracting), average employee trust of their managers is higher (lower): negative shocks or downturns make it more difficult to …

, normally occurring between managers and shareholders. In financial institutions depositors, who don't have representation at …

to managers purposefully lulling investors to keep them from paying attention and identifying managerial misconduct …