Izvestiya of Saratov University.
ISSN 1994-2540 (Print)
ISSN 2542-1956 (Online)

transaction cost

Credibility as Factor of the Enterprise Competitive Ability

The article reveals the sources of the relationship of trust within the organization and the results of the survey of agricultural enterprises specialists, which influence of the institute of trust in their economic behavior and competitiveness. The necessity of the contract and the contractual relationship as a legal form of the institute of trust and the effect of trust on the level of transaction costs are analyzed.