Is Social Trust a Governance Mechanism? Evidence From Dividend Payouts of Chinese Firms
Is Social Trust a Governance Mechanism? Evidence From Dividend Payouts of Chinese Firms
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London: Blackwell Publishing Ltd
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English
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London: Blackwell Publishing Ltd
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While management studies show that micro‐level trust within and between firms affects firm performance and innovation, it is unclear how macro‐level trust, namely social trust, affects corporate decisions. Addressing this is important because micro‐level trust is shaped by macro‐level social norms. A growing literature finds that corporations are i...
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Is Social Trust a Governance Mechanism? Evidence From Dividend Payouts of Chinese Firms
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TN_cdi_proquest_journals_2870848004
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_2870848004
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ISSN
1045-3172
E-ISSN
1467-8551
DOI
10.1111/1467-8551.12671