The author discusses the transition to a market economy in post-Soviet Russia …

living around the world. A society's willingness to trust and the quality of its institutions have their origins in the … trustworthiness of its citizens. We propose a theoretical structure where trustworthiness and trust are important for production, but … output per capita and that the effect of trust is likely to come through trustworthiness. Our results are robust to …

more, controls. Companies that successfully foster high levels of trust between employees and monitors benefit from lower … be better off if companies devoted greater effort to fostering trust?• Can trust be fostered in all settings?• Are some … discourages self interest and encourages trust?Topics, Issues and Controversies in Corporate Governance and Leadership: The Closer …

Initial public offering (IPO) underpricing is positively correlated with managerial confidence. We hypothesize that …

We extend prior literature by showing that societal trust is a significant determinant of corporate investment policy …. Firms in countries with a higher level of societal trust are less prone to underinvestment. We posit that the association … between trust and underinvestment relates to a reduction of financial constraints. However, when we split our sample using …