return higher shares as second-movers in a trust game. Furthermore, they invest more in rewards and punishment when they can …

brightest managers to the public sector abound. This paper studies self-selection into managerial and non-managerial positions … return to managerial ability is always highest in the private sector. As a result, relatively many of the more able managers …

convinced that their manager cares for them. Managers can signal their altruistic feelings towards their employees in two ways … altruistic managers may offer lower wages and nevertheless build up better social-exchange relationships with their employees … than egoistic managers do. In such equilibria, a low wage signals to employees that the manager has something else to offer …

This paper explores the relationship between trust and establishment performance. The outcome indicators are management …'s assessment of the economic or financial situation of the workplace and its relative labor productivity. Trust is initially … potential endogeneity of employee trust is taken into account, an improved measure is constructed from the discrepancy or …