Trust as a means of improving corporate governance and efficiency /

Agency problems within the firm are a significant hindrance to efficiency. We propose trust between coworkers as a superior alternative to the standard tools used to mitigate agency problems: increased monitoring and incentive-based pay. We show how trust induces employees to work harder, relative t...

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Bibliographic Details
Main Author: Chami, Ralph
Corporate Authors: IMF Institute, International Monetary Fund
Other Authors: Fullenkamp, Connel
Format: Book
Language:English
Published: [Washington, D.C.] : International Monetary Fund, IMF Institute, c2002
[Washington, D.C.] : International Monetary Fund, ©2002
Washington, D.C. : 2002
Series:IMF Working Papers ; Working Paper No. 02/33
IMF Working Papers; Working Paper ; No. 2002/033
IMF eLibrary
IMF working paper ; WP/02/33
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Massachusetts Institute of Technology

Holdings details from Massachusetts Institute of Technology
Call Number: HG3810.I45 no.WP/02/33