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Full-Text Articles in Business Law, Public Responsibility, and Ethics
Does Trust Prevent Undeclared Work? An Evaluation Of The Social Actor Approach, Colin C. Williams
Does Trust Prevent Undeclared Work? An Evaluation Of The Social Actor Approach, Colin C. Williams
Colin C Williams
In recent decades, a burgeoning literature has brought out of the shadows the magnitude of the undeclared economy. This reveals that the undeclared economy is a persistent feature of contemporary economies. With the equivalent of 17.9 per cent of GDP not declared to the authorities in the European Union in 2016 [1], undeclared work representing 14.3 per cent of gross value added in the private sector in 2013 [2] and 4 per cent of EU28 citizens conducting undeclared work [3], tackling the undeclared economy is not some minor issue. Addressing this practice is important. This is not only because of …
Blurring The Formal/Informal Economy Divide: Beyond A Dual Economies Approach, Colin C. Williams, Sara Nadin
Blurring The Formal/Informal Economy Divide: Beyond A Dual Economies Approach, Colin C. Williams, Sara Nadin
Colin C Williams
The need to integrate work beyond employment into discussions of labor practices is widely recognized. This has been so far largely achieved by adopting a dual economies perspective, which is criticized for depicting the formal and informal sectors as separate hostile worlds. To resolve this, an alternative “total social organization of labor” approach is here proposed that maintains the terms formal and informal as useful broad descriptors of different work relations, but recognizes a spectrum from purely formal to purely informal labor practices cross-cut by another spectrum from wholly monetized to wholly non-monetized labor practices. Reporting evidence from 861 face-to-face …
Entrepreneurship In The Informal Economy: Commercial Or Social Entrepreneurs?, Colin C. Williams, Sara Nadin
Entrepreneurship In The Informal Economy: Commercial Or Social Entrepreneurs?, Colin C. Williams, Sara Nadin
Colin C Williams
Recent research has revealed that a large proportion of entrepreneurs startup
their ventures operating on a wholly or partially off-the-books basis. Until now, it
has been commonly assumed that those who operate in the informal economy are
exclusively commercial entrepreneurs. They are assumed to be rational economic
actors who weigh up the benefits of operating off-the-books against the costs of
being caught and decide to operate in this manner. The aim of this paper is to
evaluate critically this a priori assumption. Reporting evidence from a 2005/6 survey
involving face-to-face interviews with 102 informal entrepreneurs in Moscow in
Russia, the …