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feel included in society and to trust their government. This paper explains how careful design of rocedures in the … unfair process is discovered. Findings of this paper feed into OECD work on trust, open government and stakeholder engagement. …
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Most listed firms are freestanding in the U.S, while listed firms in other countries often belong to business groups: lasting structures in which listed firms control other listed firms. Hand-collected historical data illuminate how the present ownership structure of the United States arose: (1)...
Persistent link: https://www.econbiz.de/10012458971
Attempts to deter corruption have little recognized the operation of intermediaries. This study takes a New Institutional Economic-perspective, supported by a variety of case studies, to identify firms’ choices of when to engage corrupt intermediaries (buy) and how to approach reform. It...
Persistent link: https://www.econbiz.de/10010987714
deal of variation in entry regulations. Then, controlling for trust in the regression of market failures on regulation, the …Government regulation of firms is associated with more negative externalities and unofficial activity across countries … government intervention. Using trust in others as a proxy for such concerns, I show that differences in trust explain a great …
Persistent link: https://www.econbiz.de/10011010039
Reputation is an intangible asset that directly affects the market value of the firm. Reputation is built on the trust …
Persistent link: https://www.econbiz.de/10011015114
This paper illustrates how trust in management can be consolidated through the order and mode of application of … with rules. “Whilst negotiating strategies are introduced initially to develop trust between the regulator and the … regulated, resort is made to more punitive strategies where an absence of trust in the compliance activity has been confirmed …
Persistent link: https://www.econbiz.de/10011211853
This paper discusses trust and trust perceptions in infrastructure contracts and supporting institutions. We focus on … governments themselves. In particular, we allow for trust updating and trust misalignments which may give rise to "undertrusting …" and "overtrusting". The core of the paper sets out a game theoretic model of contracts with dynamic adjustment of trust …
Persistent link: https://www.econbiz.de/10011268942