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Third-party vs. second-party control : disentangling the role of autonomy and reciprocity
Burdín, Gabriel; Halliday, Simon D.; Landini, Fabio - 2015
This paper studies the role of autonomy and reciprocity in explaining control averse responses in principal-agents interactions. While most of the social psychology literature emphasizes the role of autonomy, recent economic research has provided an alternative explanation based on reciprocity....
Persistent link: https://www.econbiz.de/10011308435
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Trade, trust and transaction cost
Butter, Frank A. G. den; Mosch, Robert - 2003
Transaction costs are a major reason why international trade flows are much smaller than traditional trade theory would suggest. Trust between trading partners lowers transaction costs and may therefore enhance trade. The empirical analysis of this paper shows that more trust leads to more trade...
Persistent link: https://www.econbiz.de/10011334351
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More about economic and non-economic determinants of (mutual) trust and trustworthiness
Sell, Friedrich L. (contributor) - 2007
The aim of this paper is threefold: we first discuss the appropriateness of the traditional trust-game-tree for the analysis of trust relationships. Following the definition put forward by Lee et al. (2005) that "confident expectations and a willingness to be vulnerable are critical components...
Persistent link: https://www.econbiz.de/10003587389
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Trust as a Shift Parameter in the Extended Transaction Cost Framework – A First Application to the Liquefied Natural Gas Industry
Ruester, Sophia - 2009
This paper provides an empirical analysis that examines the effect of both, transaction characteristics and the institutional environment on the choice of governance. Using a dataset of 237 corporate-specific value chains in the global LNG industry, we introduce inter-organizational trust as a...
Persistent link: https://www.econbiz.de/10014203360
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Trust, Workplace Organization, and Comparative Economic Development
van Hoorn, André - 2020
I propose and test a bottom-up channel through which trust between parties to an exchange can go on to affect comparative economic development of societies as a whole. My approach revolves around the autonomy that employers (principals) grant to workers (agents), which is a key feature of...
Persistent link: https://www.econbiz.de/10012856532
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The Beauty of Ethics : Towards Re-Establishing Trust in the Financial Sector
Blair, Sir William - 2020
There is beauty in ethics, which in one of its declinations can be translated into this concept: there is beauty in undertaking the right action, even when nobody is watching. Within this, we can see an antidote to past failures, and an element necessary to attract the change that laws and...
Persistent link: https://www.econbiz.de/10012841696
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Business Process Transformation in Natural Resources Development Using Blockchain : Indigenous Entrepreneurship, Trustless Technology, and Rebuilding Trust
Sengupta, Ushnish - 2019
Worldwide, there are many Indigenous communities who distrust the Natural Resources industry due to historical economic, environmental, social, and cultural practices. These communities also often distrust National and Sub-National governments that regulate these industries. At the same time,...
Persistent link: https://www.econbiz.de/10012898195
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Trust, Workplace Organization, and Comparative Economic Development
van Hoorn, André - 2016
I propose and test a bottom-up channel through which trust between parties to anexchange can go on to affect comparative economic development of societies as awhole. My approach revolves around the autonomy that employers (principals)grant to workers (agents), which is a key feature of workplace...
Persistent link: https://www.econbiz.de/10012996906
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Commitment and Trust in Achieving Financial Goals of Strategic Alliance : Case in Islamic Microfinance
Wahyudi, Imam - 2015
between baitul maal wa tamwil (BMT) and Islamic banks as a relationship based on trust, mutual-trustworthiness and commitment … cluster (Inkopsyah).Findings: This research shows that commitment contributes positively in achieving the financial goals of … an alliance. Coordination and initial agreement has a positive and significant influence in forming commitment from BMT …
Persistent link: https://www.econbiz.de/10013031821
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Correlation of trust and work engagement : a modern organizational approach
Nešić, Ana; Veljkovic, Slavica Mitrovic; Meško, Maja; … - In: Amfiteatru economic : an economic and business research … 22 (2020) 14, pp. 1283-1300
In modern organizations, in which changes are happening faster and more unpredictably, employees are gaining a more complex role and increasing importance. New approaches to employee insight, based on the heavy work investment concept (HWI), bring together different theoretical and practical...
Persistent link: https://www.econbiz.de/10012818768