This paper studies how altruism between managers and employees affects relational incentive contracts. To this end we develop a simple dynamic principal-agent model where both players may have feelings of altruism or spite toward each other. The contract may contain two types of incentives for...

Human Resources are the most important assets of any organizations. Further, to achieve competitive advantages through human resources, leadership can be named as the most effective factors in this concern. Furthermore, leaders' style, action, motivation, ethics, etc. can determine whether...

We explore the relationship between employee trust of managers and workplace performance. We present a theoretical framework which serves to establish a link between employee trust and firm performance as well as to identify possible mechanisms through which the relationship may operate. We then...