Trust is one of the crucial foundations for the successful exchange and interplay of economic actors. Trust has a great influence on the intra-firm and inter-firm interaction of employees, management, customers and financiers, and hence on the efficiency and prosperity of the national economy.
In spite of the necessity of economic rules, regulations, compliance and contracts within firms, on the market and in the national economy, there can be no doubt that true efficiency and sustainability require trust. Our current economic and financial crisis demonstrates clearly how important trust is and which problems arise on the market and in the national economy if trust is violated or even lost.
We believe that trust has not been adequately discussed in the economic sciences and that the trust research in other scientific disciplines has not been sufficiently incorporated into economics. To remedy this problem, HHL – Leipzig Graduate School of Management and the Center for Advanced Studies in Management (CASiM) will organize a one-day scientific conference on the topic „The Role of Trust in Business Economics“ on June 28, 2012.
Carmen Gebhardt (Event Manager, HHL – Leipzig Graduate School of Management)
Conference website: www.hhl.de/casim-conference-2012
Volker Stößel | idw
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