Trust and delegation: Theory and evidence

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dc.contributor.authorGür, Nurullah
dc.contributor.authorBjornskov, Christian
dc.date.accessioned10.07.201910:49:13
dc.date.accessioned2019-07-10T19:57:46Z
dc.date.available10.07.201910:49:13
dc.date.available2019-07-10T19:57:46Z
dc.date.issued2017
dc.departmentİstanbul Medipol Üniversitesi, İşletme ve Yönetim Bilimleri Fakültesi, Ekonomi ve Finans Bölümü
dc.descriptionWOS: 000411771000012
dc.description.abstractSocial trust is associated with good economic performance, but little is known about the transmission mechanisms connecting trust and performance. We explore the effect of trust on delegation decisions. In a theoretical framework, we note that delegation is a low-cost option when management decisions can be implemented without monitoring. This option is, however, risky and more likely to be profitable in higher-trust environments. In a set of cross-country regressions, we show a strong association between trust and delegation, which is increasing in of sophistication. Journal of Comparative Economics 45 (2017) 644-657. School of Business and Management Sciences, Istanbul Medipol University, Kavacik Mahallesi Ekinciler Caddesi No. 19, 34810 Beykoz-Istanbul, Turkey; Department of Economics and Business, Aarhus University, Fuglesangs Alle 5, DK-8200 Aarhus V, Denmark.
dc.identifier.citationGür, N. ve Bjornskov, C. (2017). Trust and delegation: Theory and evidence. Journal of Comparative Economics, 45(3), 644-657. https://dx.doi.org/10.1016/j.jce.2016.02.002
dc.identifier.doi10.1016/j.jce.2016.02.002
dc.identifier.endpage657
dc.identifier.issn0147-5967
dc.identifier.issn1095-7227
dc.identifier.issue3
dc.identifier.scopusqualityQ2
dc.identifier.startpage644
dc.identifier.urihttps://dx.doi.org/10.1016/j.jce.2016.02.002
dc.identifier.urihttps://hdl.handle.net/20.500.12511/3045
dc.identifier.volume45
dc.identifier.wosqualityQ2
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherAcademic Press Inc Elsevier Science
dc.relation.ispartofJournal of Comparative Economicsen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/embargoedAccess
dc.subjectSocial Trust
dc.subjectEconomic Development
dc.subjectDelegation
dc.titleTrust and delegation: Theory and evidence
dc.typeArticle

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