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We open the black box of what goes on in firms in terms of management of their operations. Work autonomy is a key aspect of firm organization and we test the hypothesis that societal trust affects the level of autonomy that firms grant to their employees. Analysis of up to 189,213 individuals...
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Adopting an International Sustainability Standard (ISS) helps firms improve their sustainability performance. It also acts as a credible market “signal” that legitimizes firms’ latent sustainability practices while improving their market value. But how do these signals function when firms...
Persistent link: https://www.econbiz.de/10014348794
-agent framework, it analyzes two alternative policy-decision schemes - "decentralization" and "centralization" - when "knowledge … explaining variation in the degree of decentralization across countries. Within a two-sided incomplete information principal … government levels. It is shown that, depending on which level of policy decision-making controls the degree of decentralization …
Persistent link: https://www.econbiz.de/10010126407
The most important theoretical argument concerning decentralization is that it can improve governance by making … decentralization affects governance, in particular how it might increase political competition, improve public accountability, reduce …
Persistent link: https://www.econbiz.de/10013119954
́information is more relevant (centralization). The empirical analysis confirms that the importance of donors ́private information …
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' information is more relevant (centralization). The empirical analysis confirms that the importance of donors' private information …
Persistent link: https://www.econbiz.de/10013073609