2014
DOI: 10.1007/s11846-014-0127-7
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Business freedom, corruption and the performance of trusting cooperation partners: empirical findings from six European countries

Abstract: In this study we investigate the impact of trust on the performance of cooperating firms, taking into account two core aspects: First, we look at environmental uncertainty, which shows in the degree of change there is in business freedom. Second, we account for behavioral uncertainty -captured as the average level of freedom from corruption in a country. Based on survey data from 791 firms engaged in national cooperation in Austria, the Czech Republic, Finland, Hungary, Slovakia and Slovenia, we find that beha… Show more

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Cited by 15 publications
(8 citation statements)
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“…Generally speaking, the low absolute response rate of our survey can be regarded as another limitation of our results. However, a comparison of similar recent survey-based studies conducted in German-speaking countries (e.g., Aschauer et al, 2015;Eierle and Haller, 2009;Faghfouri et al, 2015;Hatak et al, 2015;Mitter et al, 2014) reveals that our response rate of 3.6% is comparable. Moreover, according to Baruch and Holtom (2008), about 5% is a common response rate.…”
Section: Discussionsupporting
confidence: 60%
“…Generally speaking, the low absolute response rate of our survey can be regarded as another limitation of our results. However, a comparison of similar recent survey-based studies conducted in German-speaking countries (e.g., Aschauer et al, 2015;Eierle and Haller, 2009;Faghfouri et al, 2015;Hatak et al, 2015;Mitter et al, 2014) reveals that our response rate of 3.6% is comparable. Moreover, according to Baruch and Holtom (2008), about 5% is a common response rate.…”
Section: Discussionsupporting
confidence: 60%
“…While there initially may be a strong focus on formal governance mechanisms to reduce uncertainty within the collaboration, some partners may put more emphasis on informal mechanisms such as trust as the U-I collaboration gradually develops-which might explain why some U-I collaborations are more or less successful than others. This is because in joint R&D, neither the goals nor the contributions of the partners can be defined completely ex ante and thus hierarchical tools of control and sanction (e.g., Adler 2001;Williamson 1991) fail to coordinate innovative cooperative behavior over time (Hatak et al 2015). Here, we encourage researchers to extend current research by engaging in cross-stage studies.…”
Section: The Individual In University-industry Collaborationsmentioning
confidence: 99%
“…Similarly, recent research in areas as different as management (Hatak et al 2015;Fink and Kessler 2010;Fink and Harms 2012), accounting (Aschauer et al 2017), and finance (Fredriksson et al 2017;Moro and Fink 2013;Moro et al 2015) has investigated the role of control as a tool for dealing with agency costs (Jensen and Meckling 1976) and for stimulating firm performance (Simons 2000;Martyn et al 2016). The scientific interest in trust has also spanned several disciplines, including areas such as psychology, sociology, management and finance (Bachman and Inkpen 2011).…”
Section: Literature Review and Research Developmentmentioning
confidence: 99%