Trust As a Means of Improving Corporate Governance and Efficiency /

Agency problems within the firm are a significant hindrance to efficiency. We propose trust between coworkers as a superior alternative to the standard tools used to mitigate agency problems: increased monitoring and incentive-based pay. We show how trust induces employees to work harder, relative t...

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Dettagli Bibliografici
Autore principale: Chami, Ralph
Altri autori: Fullenkamp, Connel
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2002.
Serie:IMF Working Papers; Working Paper ; No. 2002/033
Accesso online:Full text available on IMF

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