Goergen, Marc  ORCID: https://orcid.org/0000-0003-4391-2651, Chahine, Salim, Brewster, Chris and Wood, Geoffrey
2013.
Trust, owner rights, employee rights and firm performance.
Journal Of Business Finance & Accounting
40
(5/6)
, pp. 589-619.
10.1111/jbfa.12033
|
Abstract
This is a study of variations in trust relationships according to institutional setting. A wide body of comparative institutional literature within economics and finance engages with trust. However, as most of this literature uses macro-level data and/or stylistic ideal types, it normally neglects intra-firm trust. This paper redresses this lacuna by using both macro-level data and comparative firm-level evidence. We found that both country trust and firm trust increase firm performance, but that there is a trade-off between the two as high levels of both reduce performance. Finally, both employee rights and investor rights are negatively correlated with country trust.
| Item Type: | Article |
|---|---|
| Date Type: | Publication |
| Status: | Published |
| Schools: | Schools > Business (Including Economics) |
| Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HG Finance |
| Uncontrolled Keywords: | corporate governance; trust; investor protection; employment protection legislation; institutions and economic growth |
| Publisher: | Blackwell Publishing |
| ISSN: | 0306-686X |
| Last Modified: | 25 Oct 2022 08:17 |
| URI: | https://orca.cardiff.ac.uk/id/eprint/52166 |
Citation Data
Cited 22 times in Scopus. View in Scopus. Powered By Scopus® Data
Actions (repository staff only)
 |
Edit Item |
Dimensions
Dimensions