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Trust is the fundamental facilitator between actors in society, yet the past decade has seen the public openly question through demonstrations and elections whether business and political institutions deserve the trust society has placed in themor whether the common person has been abandoned in...
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This book examines the efforts of major Icelandic economic institutions to regain the public's trust, 10 years after the financial crisis that ruined personal savings and fostered anger towards business and politics. The studies collected here provide insights into restoring relationships...
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This chapter examines the formal governance mechanisms put in place by various authorities within Iceland after the crash. In contrast to one of our earlier papers ( Bryant, Sigurjónsson, & Mixa, 2014 ), we find that, no matter how well the mechanisms work, formal mechanisms are insufficient to...
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According to some key actors in Iceland’s financial sector, in the wake of the financial crisis, Icelandic financial institutions consciously tried to build trust and a positive new image through, among other things, the visible presence of women on their corporate boards and management teams....
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