Search Results - subject:"implicit contracts"

Involuntary Terminations Under Explicit and Implicit Employment Contracts

Medoff, James L.; Abraham, Katharine G. - 2021

This study investigates where and when last-in-first-out permanent layoff policies seem to go hand in hand with compensation policies under which the net value of senior workers appears to be less than that of their junior peers. The investigation relies upon both the approximately 260 usable...

Persistent link: https://www.econbiz.de/10013236821

Two to Tango? Psychological Contract Breach in Online Labor Markets

Claussen, Jörg; Kretschmer, Tobias; Khashabi, Pooyan; … - 2021

Despite some advantages over traditional (offline) labor markets – such as lower search costs, better matching and improved monitoring – online labor markets (OLMs) have not taken off as initially expected. In this paper, we study the factors that limit perceived project success on OLMs....

Persistent link: https://www.econbiz.de/10013237719

Get what you give? : investigating employer and young professionals’ psychological contracts in European SMEs

Mihelič, Katarina Katja; Bailey, Mark; Brueckner, Julie; … - In: Economic and business review : EBR 23 (2021) 2, pp. 86-99

Persistent link: https://www.econbiz.de/10013533837

Implicit Contracts, the Great Depression, and Institutional Change : A Comparative Analysis of U.S. And Japanese Employment Relations, 1920-1940

Moriguchi, Chiaki - 2021

distinctive equilibria. In the U.S., the repudiation of the implicit contracts by most leading firms induced by a deep depression …, most major employers in Japan maintained their implicit contracts, while developing institutional arrangements to mitigate … practices, endorsing corporate welfarism based on implicit contracts and internal enforcement mechanisms …

Persistent link: https://www.econbiz.de/10013247185

Sustainability and Implicit Contracts

Misani, Nicola - 2021

Implicit contracts are “invisible handshakes” that are not legally binding but are grounded in mutual understanding … managers and employees) and in business relationships (e.g. between a firm and its suppliers). Typically, implicit contracts … arise in rela-tionships that are in some way open-ended. An extensive literature has showed that implicit contracts allow …

Persistent link: https://www.econbiz.de/10013248949

Super-Statutory Contracting

Garcia, Kristelia - 2021

The conventional wisdom is that property rules induce more (and more efficient) contracting, and that when faced with rigid property rules, intellectual property owners will contract into more flexible liability rules. A series of recent, private copyright deals show some intellectual property...

Persistent link: https://www.econbiz.de/10013249105

Competition and Relational Contracts : The Role of Unemployment as a Disciplinary Device

Brown, Martin; Falk, Armin; Fehr, Ernst - 2021

When unemployment prevails, relations with a particular firm are valuable for workers. As a consequence, a worker may adhere to an implicit agreement to provide high effort, even when performance is not third-party enforceable. But can implicit agreements - or relational contracts - also...

Persistent link: https://www.econbiz.de/10013325340

Implicit Contracts, Labor Mobility and Unemployment

Arnott, Richard; Hosios, Arthur J.; Stiglitz, Joseph E. - 2021

relative efficiency of the on- and off-the-job search technologies. Our analysis of implicit contracts with asymmetric search …

Persistent link: https://www.econbiz.de/10013230390

Perceived violations of reward delivery obligations in reward-based crowdfunding : an integrated theoretical framework

Macari, Anthony; Guo, Grace Chun - In: New England journal of entrepreneurship : NEJE 24 (2021) 1, pp. 43-59

Purpose This conceptual paper focuses on a common observation in the implementation stage of reward-based crowdfunding (RBC) - entrepreneurs' failures and delays in delivery of rewards to investors, which, in turn, may be perceived as violations of reward delivery obligations....

Persistent link: https://www.econbiz.de/10012584351

Examining the mediating-moderating role of psychological contract breach and abusive supervision on employee well-being in banking sector

Gulzar, Saba; Ayub, Nadia; Abbas, Zuhair - In: Cogent business & management 8 (2021) 1, pp. 1-19

Previous research rarely examined the antecedents of employee well-being with the interactive effect of abusive supervision and mediating impact of psychological contract breach especially in the developing country context. Drawing upon the social exchange theory, this study attempts to bridge a...

Persistent link: https://www.econbiz.de/10012628900