This study deals with Psychological Contract between employers and employees. Employers are always interested organizational in growth, whereas employees are interested in their own welfare and job satisfaction. Satisfied and motivated employees always contribute more to the organization. This...

This study investigates the experience and reaction of university academic employees to psychological contract breach. In other to achieve this goal, 316 academic employees from two (2) universities located within Benin City, Edo State were selected for the study. A total of 316 questionnaires...

We study the cost of breaching an implicit contract in a goods market. Young and Levy(2014) document an implicit contract between the Coca-Cola Company and its consumers. Thisimplicit contract included a promise of constant quality. We offer two types of evidence of thecosts of breach. First, we...

In the past, legal scholars have analogized the contract to a product, a social artifact, and a form of technology. In this Article, we suggest that contracts may also be usefully analogized to swag. The term “swag” refers to branded merchandise that is given away for free to people who...

Changes in the workplace as a result of globalization of markets, technology and business restructuring have affected relationships in the workplace. This has challenged the erstwhile trust relationship between employers and employees. The traditional psychological contract that allowed for...

Deferred payments, as implicit contracts, are predicted to bind workers to firms as long as workers believe that firms adhere to these implicit contracts. We employ a unique personnel data set from a Russian manufacturing firm to investigate whether wage arrears, delayed payments of wages,...

The research paper aims to study a systematic and a holistic approach towards perceived organizational support and its effect on employee satisfaction in an organization. It also tries to highlight the importance of psychological contract between the employer and employee. Psychological contract...

The purpose of this note is to point out an omission in an important paper by Sharpe (1990) on long-term bank-firm relationships and to provide a correct analysis of the problem. The model studies repeated lending under asymmetric information which leads to winner's-curse type distortions of...