Most scholarly work on trust recognizes its importance as part of a non-market form of governance in exchanges between firms. However, trust is only one such governance device that can be used, other devices such as reputation, bargaining power, and contracts can also be used to govern...

A growing literature suggests that some entrepreneurs lie to investors in order to improve the likelihood of acquiring resources needed for firm survival and growth. We propose a framework outlining the conditions that may enable an investor who has been told a lie by an entrepreneur to respond...

Bank loans are a common source of financing for small firms. While scholars have examined specific conditions that affect small firm loan approval and interest rates, practical questions remain about how these loans are structured to address characteristically acute challenges from asymmetric...