Influence of trust relations on financial indicators of the corporation
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The study examines the concept of trust relationships in the context of management and corporate relations, the impact of trust relationships on the financial performance of the corporation. In conditions of modern organizations, corporate trust increases the quality of key competencies and improves creative potential by reducing transaction and other costs, accelerating and increasing the intensity of creative communication and activity exchange, developing new forms of social-network relations, the most complete use of the potential of corporate knowledge bases and crowdsourcing, which certa...
The study examines the concept of trust relationships in the context of management and corporate relations, the impact of trust relationships on the financial performance of the corporation. In conditions of modern organizations, corporate trust increases the quality of key competencies and improves creative potential by reducing transaction and other costs, accelerating and increasing the intensity of creative communication and activity exchange, developing new forms of social-network relations, the most complete use of the potential of corporate knowledge bases and crowdsourcing, which certainly affects the financial performance of the corporation.
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