Trust and employment protection legislation

Jayakody, Shashitha, Morelli, David A., Nica, Melania, Oberoi, Jaideep (2024) Trust and employment protection legislation. Economics Letters, 234 . Article Number 111441. ISSN 0165-1765. (doi:10.1016/j.econlet.2023.111441) (KAR id:104504)

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Official URL: https://doi.org/10.1016/j.econlet.2023.111441

Abstract

We examine the role of generalized social trust in substituting for employment protection legislation. Using foreign direct investment from the US to a sample of OECD countries, we find that trust diminishes the importance of formal employment regulations in investment attractiveness.

Item Type:	Article
DOI/Identification number:	10.1016/j.econlet.2023.111441
Uncontrolled keywords:	Trust; Informal institutions; Labor laws; Investment
Subjects:	H Social Sciences
Divisions:	Divisions > Kent Business School - Division > Department of Accounting and Finance
Funders:	University of Kent (https://ror.org/00xkeyj56)
Depositing User:	David Morelli
Date Deposited:	05 Jan 2024 09:29 UTC
Last Modified:	08 Jan 2024 10:37 UTC
Resource URI:	https://kar.kent.ac.uk/id/eprint/104504 (The current URI for this page, for reference purposes)

University of Kent Author Information

Morelli, David A..

Creator's ORCID:	https://orcid.org/0000-0002-1501-4312
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