incomplete information) and empowerment on trust (investment by a principal) and trustworthiness (reciprocal behavior of an agent … over that which is realized in the absence of empowerment regardless of the degree of transparency. In transparent … environments the effect of empowerment is about the same regardless of whether empowerment is introduced or removed. However, in …

evidence on the effects of transparency and empowerment on trust (investment by a principal) and trustworthiness (reciprocal … increases over that which is realized in the absence of empowerment. We also find that when asymmetric or incomplete information … transparent). In transparent environments the effect of empowerment is about the same regardless of whether empowerment is …

associated with the introduction of empowerment and the resulting increase in trust by principals. Using probit analysis, we find … with the introduction of empowerment. However, actual gains in environments with empowerment are not different from those … decision rounds that are played by the participants in this experiment may not be sufficient for the full effect of empowerment …

key findings is that the empowerment of investors through both costless and costly vetoes significantly increases trust by …