Trust Control And The Economics Of Governance PDF Download
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Author | : Philipp Herold |
Publisher | : Routledge |
Total Pages | : 212 |
Release | : 2019-06-05 |
Genre | : Business & Economics |
ISBN | : 1000023346 |
Download Trust, Control, and the Economics of Governance Book in PDF, ePub and Kindle
In today’s world, we cooperate across legal and cultural systems in order to create value. However, this increases volatility, uncertainty, complexity, and ambiguity as challenges for societies, politics, and business. This has made governance a scarce resource. It thus is inevitable that we understand the means of governance available to us and are able to economize on them. Trends like the increasing role of product labels and a certification industry as well as political movements towards nationalism and conservatism may be seen as reaction to disappointments from excessive cooperation. To avoid failures of cooperation, governance is important – control through e.g. contracts is limited and in governance economics trust is widely advertised without much guidance on its preconditions or limits. This book draws on the rich insight from research on trust and control, and accommodates the key results for governance considerations in an institutional economics framework. It provides a view on the limits of cooperation from the required degree of governance, which can be achieved through extrinsic motivation or building on intrinsic motivation. Trust Control Economics thus inform a more realistic expectation about the net value added from cooperation by providing a balanced view including the cost of governance. It then becomes clear how complex cooperation is about ‘governance accretion’ where limited trustworthiness is substituted by control and these control instances need to be governed in turn. Trust, Control, and the Economics of Governance is a highly necessary development of institutional economics to reflect progress made in trust research and is a relevant addition for practitioners to better understand the role of trust in the governance of contemporary cooperation-structures. It will be of interest to researchers, academics, and students in the fields of economics and business management, institutional economics, and business ethics. Note that this work is the first of its kind that explicitly reflects on the societal realities, how these drive the assumption setting process, and how these assumptions influence the theory outcome.
Author | : Oliver E. Williamson |
Publisher | : Oxford University Press, USA |
Total Pages | : 442 |
Release | : 1996 |
Genre | : Corporate governance |
ISBN | : 0195132602 |
Download The Mechanisms of Governance Book in PDF, ePub and Kindle
This text studies transaction cost economics, influential in economic thought on how institutions work. Whereas orthodox economics describes the firm in technological terms, as a production function, transaction cost economics describes it in organizational terms, as a governance structure.
Author | : Fali Huang |
Publisher | : |
Total Pages | : 32 |
Release | : 2004 |
Genre | : Trust |
ISBN | : |
Download Social Trust and Economic Governance Book in PDF, ePub and Kindle
Investigates the dynamic relationship between social trust and economic governance using a principal-agent model with stochastic returns.
Author | : Jhonathan Cavalcante da Costa |
Publisher | : Jhonathan Cavalcante da Costa |
Total Pages | : 72 |
Release | : 2024-08-25 |
Genre | : Business & Economics |
ISBN | : |
Download TRUST AND GOVERNANCE Book in PDF, ePub and Kindle
Trust and Governance is a book that translates reflections on social aspects of the economy. It is an adaptation of a monograph completed in 2009, in which the respective theme was awarded the Nobel Prize in Economics, shared between Oliver Williamson and Elinor Ostrom. It is an old and increasingly current theme. The relevance of paying attention to human and social aspects is pressing in public and private institutions. This work explores philosophical thoughts about the validity of scientific methods and the possibility of comparing different theories, to benefit from complementarities. In this sense, we must always return to Adam Smith, who already recognized the influence of social aspects on the economy. In this analysis, we highlight the contribution of Francis Fukuyama, who spoke in his book “TRUST” about aspects inherent to spontaneous sociability and the desire for recognition. These aspects are relevant to understanding social capital, an indispensable element for the economics of transaction costs. In summary, this book discusses the convergence between the approaches of Oliver Williamson on transaction costs and Francis Fukuyama on social capital, both concepts, central to the understanding of governance structures.
Author | : Mark Casson |
Publisher | : Springer Science & Business Media |
Total Pages | : 252 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 3642572235 |
Download Cultural Factors in Economic Growth Book in PDF, ePub and Kindle
This volume is the product of the "Sixth Annual SEEP-Conference on Economic Ethics and Philosophy" on the theme of 'Cultural Factors in Economic Growth' held at Marienrode Monastry, Hildesheim, in April 1998. Our thanks go to our colleagues (including Avner Offner, whose paper could not be included here), the staff at the monastry, and Professor Peter Koslowski of the Forschungsinstitut fUr Philo sophie Hannover, and editor of this series, for contributing to a very enjoyable conference and, we hope, an interesting collection of essays. Mark Casson and Andrew Godley University of Reading, March 2000 Contents Preface . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . v Chapter 1 Cultural Factors in Economic Growth MARK CASSON AND ANDREW GODLEY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Chapter 2 Trust as a Governance Device BART NOOTEBOOM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44 Chapter 3 A Measure of Culture: Trust and Defection in Southern Italy FRANCESCO L. GALASSI. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69 Chapter 4 Entrepreneurial Minorities: A Typology WILLIAM D. RUBINSTEIN . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . III Chapter 5 Cultural Determinants of Jewish Immigrant Entrepreneurship in the UK and USA and British and American Culture ANDREW GODLEY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 125 CONTENTS Chapter 6 Jurisprudence, Expected Value, and the Culture ofInnovation FRED V. CARSTENSEN . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 142 Chapter 7 Constitutions, Liberties, and Growth in Pre-Modem Europe STEPHAN R. EpSTEIN . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 152 Chapter 8 Culture and the Myth of Economic Determinism in Global History and World Politics KEN DARK . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 182 Chapter 9 The Case for a Shared World Language ERIC L. JONES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 0 List of Authors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 237 Index of Names . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Author | : Frédérique Six |
Publisher | : Edward Elgar Publishing |
Total Pages | : 261 |
Release | : 2017-01-27 |
Genre | : Business & Economics |
ISBN | : 1785365576 |
Download Trust in Regulatory Regimes Book in PDF, ePub and Kindle
Within political and administrative sciences generally, trust as a concept is contested, especially in the field of regulatory governance. This groundbreaking book is the first to systematically explore the role and dynamics of trust within regulatory regimes.
Author | : Muhammad Kaleem Zahir ul Hassan |
Publisher | : |
Total Pages | : 46 |
Release | : 2010 |
Genre | : |
ISBN | : |
Download The Dynamics of Accounting, Control and Trust-shaping the Governance of an Outsourcing Relationship Book in PDF, ePub and Kindle
Author | : Donald A. Wittman |
Publisher | : |
Total Pages | : 0 |
Release | : 2017 |
Genre | : Economics |
ISBN | : 9781785362453 |
Download The Economics of Governance Book in PDF, ePub and Kindle
This collection of articles uses economic theory to explain the governance of organizations. It covers the governance of families, oligarchies, democracies, for profit firms and non-profit institutions such as religious organizations. The widespread and novel subject matter within a set of focused economic questions results in fascinating reading allowing the reader to see how similar issues can be answered in areas where the person has little knowledge of the subject. This is an engaging and useful tool for students, researchers and academics wanting to expand their area of expertise into new and exciting realms. Contributors include: D. Acemoglu, R. Gibbons, H. Hansmann, P. Leeson, P. Rubin, B. Weingast
Author | : Reiner Quick |
Publisher | : Routledge |
Total Pages | : 381 |
Release | : 2007-10-31 |
Genre | : Business & Economics |
ISBN | : 1134060238 |
Download Auditing, Trust and Governance Book in PDF, ePub and Kindle
The reputation of corporate reporting has been in crisis. Trust in the process of financial accounting and auditing has been undermined by a series of high profile scandals involving major corporations, including Enron, Parmalat, Ahold, and Worldcom. In response, regulators and practitioners world-wide have put forward a series of initiatives to re
Author | : Organisation for Economic Co-operation and Development |
Publisher | : Org. for Economic Cooperation & Development |
Total Pages | : 340 |
Release | : 2000 |
Genre | : Political Science |
ISBN | : |
Download Trust in Government Book in PDF, ePub and Kindle
At a time when there is a growing consensus among governments on what should constitute the essential elements of an effective and comprehensive ethics strategy, this OECD report constitutes a unique source of comparative information on ethics management measures in OECD countries.