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Although trust is fundamental to social and organizational functioning, the media often portray managers as distrusting, suggesting that distrust of others is a typical personality variable of successful leaders. This study puts the cliché of the distrustful manager to the test. Both selfreport...
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Large, international banking groups have sought to centralise their cross-currency liquidity management: liquidity … emerging from global liquidity management depends on how these foreign exchange transactions settle. I analyse these risks in a … game of asymmetric information. The main result is that the transition from local to global liquidity management, and …
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