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Employees’ Trust as the Hard Core of Success to Business Integrity

In: Constraints and Opportunities in Shaping the Future: New Approaches to Economics and Policy Making

Author

Listed:
  • Adriana Grigorescu

    (National University of Political Studies and Public Administration, Academy of Romanian Scientists, Romania, National Institute for Economic Research “Costin C.Kiritescu” – Romanian Academy)

  • Cristina Lincaru

    (National Scientific Research Institute for Labor and Social Protection)

  • Speranta Pirciog

    (National Scientific Research Institute for Labor and Social Protection)

Abstract

In a globally competitive economy, business integrity emerges as key to building a leadership role and attracting and retaining employees in a trusted environment for business. The literature argues positive relationships between team trust and performance, sales, profits, employee turnover, leader empowering behavior, job crafting, work engagement, ethical leaders, employment engagement, management, interpersonal justice, commitment, satisfaction, intent to stay, and so on. To respond to the research question “Across EU 27 countries are there any relationships between employee’s trust reflected in job tenure and business integrity expressed by training in 2015 compared with 2020?,” we apply Kendall’s tau-b correlation. Variables failed the normality and linearity assumption for Pearson correlation. The main conclusion of this chapter is that across the EU 26 countries studied, there is an increase in employee retention in the medium term, at the same time with increasing enterprises that provide management training stronger in 2015 than in 2020. Training in IT, either general or professional, does not have any relevance in retaining employees. We emphasize the importance of training in management as a direct measure of integrity even though our assumption was designed as an indirect measure. Our main contribution is to measure, in a quantitative manner, integrity by training in management using official statistics. Also, integrity is a dynamic value that is more important and has to be defined, formalized, and implemented inside the organization.

Suggested Citation

  • Adriana Grigorescu & Cristina Lincaru & Speranta Pirciog, 2024. "Employees’ Trust as the Hard Core of Success to Business Integrity," Springer Proceedings in Business and Economics, in: Luminita Chivu & Valeriu Ioan-Franc & George Georgescu & Ignacio De Los Ríos Carmenado & Jean Vasile (ed.), Constraints and Opportunities in Shaping the Future: New Approaches to Economics and Policy Making, chapter 0, pages 23-37, Springer.
  • Handle: RePEc:spr:prbchp:978-3-031-47925-0_4
    DOI: 10.1007/978-3-031-47925-0_4
    as

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