Showing 1 - 9 of 9
In recent years, many social scientists have claimed that trust plays an important role in economic and social transactions. Despite its proposed importance, the measurement and the definition of trust seem to be not fully settled, and the identification of the exact role of trust in economic...
Persistent link: https://www.econbiz.de/10003793375
In recent decades, many firms offered more discretion to their employees, often increasing the productivity of effort but also leaving more opportunities for shirking. These "high-performance work systems" are difficult to understand in terms of standard moral hazard models. We show...
Persistent link: https://www.econbiz.de/10003935189
This paper discusses recent neuroeconomic evidence related to other-regarding behaviors and the decision to trust in other people's other-regarding behavior. This evidence supports the view that people derive nonpecuniary utility (i) from mutual cooperation in social dilemma (SD) games and (ii)...
Persistent link: https://www.econbiz.de/10003070042
Persistent link: https://www.econbiz.de/10001730961
Trust affects almost all human relationships - in families, organizations, markets and politics. However, identifying the conditions under which trust, defined as people's beliefs in the trustworthiness of others, has a causal effect on the efficiency of human interactions has proven to be...
Persistent link: https://www.econbiz.de/10011946494
, little is known about the role played by management practices in SME growth since recession. We contribute to the literature … on SME growth by analysing longitudinal administrative data on firms' employment and turnover, taken from the UK … turnover, and a decline in closure probabilities, over the period 2011-2014. The findings suggest SME investment in off …
Persistent link: https://www.econbiz.de/10011502558
Using nationally representative workplace data we find substantial use of high-performance work systems (HPWS) in Britain's small enterprises. We find empirical support for the proposition that HPWS have a non-linear association with employees' overall job attitude, with a positive association...
Persistent link: https://www.econbiz.de/10011450735
A long-running debate in the small firms' literature questions the value of formal 'human resource management' (HRM) practices which have been linked to high performance in larger firms. We contribute to this literature by exploiting linked employer-employee surveys for 2004 and 2011. Using...
Persistent link: https://www.econbiz.de/10011647504
We examine the impact of management practices on firm performance among SMEs in Britain over the period 2011-2014, using a unique dataset which links survey data on management practices with firm performance data from the UK's official business register. We find that SMEs are less likely to use...
Persistent link: https://www.econbiz.de/10011814913