Trust as a Financial Value

By: Contributor(s): Publication details: Noida Indian Institute of Finance 2023Description: Vol XXXVII No 3 Pg 665-678Subject(s): In: Finance IndiaSummary: Trust is an essential element of every relationship. It has the ability to create value from processes, products, services an relationships. The value is well placed in the financial system where we trust the governments and central banks, The entire financial system is based on trust which creates financial value for all. Similarly all function of the organization whether marketing, finance, production, human resources are all based on the ability of the trust they generate with stakeholders through their process and the reflective learning people gain through their interactions. Trust can be built and pay rich dividend in the form of higher salaries, higher sales, commitment of employees partner children goodwill and others. One is willing to place a value financially to trust in terms of the premium one pays for the next better alternative . The study in a methodological methods build on trust and its financial value well recognized but not acknowledged in the literature and teaching of life nd management. The study explores how trust can be build and changes over tine
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Article St. Francis Institute of Management and Research Available AR1068

Trust is an essential element of every relationship. It has the ability to create value from processes, products, services an relationships. The value is well placed in the financial system where we trust the governments and central banks, The entire financial system is based on trust which creates financial value for all. Similarly all function of the organization whether marketing, finance, production, human resources are all based on the ability of the trust they generate with stakeholders through their process and the reflective learning people gain through their interactions. Trust can be built and pay rich dividend in the form of higher salaries, higher sales, commitment of employees partner children goodwill and others. One is willing to place a value financially to trust in terms of the premium one pays for the next better alternative . The study in a methodological methods build on trust and its financial value well recognized but not acknowledged in the literature and teaching of life nd management. The study explores how trust can be build and changes over tine

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