Trust and employment protection legislation

被引:1
作者
Jayakody, Shashitha [1 ]
Morelli, David [2 ]
Nica, Melania [3 ]
Oberoi, Jaideep [4 ]
机构
[1] Univ Bradford, Sch Management, Bradford, England
[2] Univ Kent, Kent Business Sch, Canterbury, England
[3] Queen Mary Univ London, Sch Math Sci, London, England
[4] SOAS Univ London, Sch Finance & Management, London, England
关键词
Trust; Informal institutions; Labor laws; Investment; FIRM-LEVEL PANEL; POLITICAL-ECONOMY; INVESTMENT;
D O I
10.1016/j.econlet.2023.111441
中图分类号
F [经济];
学科分类号
02 ;
摘要
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.
引用
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页数:3
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