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Related Experiment Video

Updated: May 10, 2026

The Collective Trust Game: An Online Group Adaptation of the Trust Game Based on the HoneyComb Paradigm

The Collective Trust Game: An Online Group Adaptation of the Trust Game Based on the HoneyComb Paradigm

Published on: October 20, 2022

Built on trust.

¹The Walker Company Healthcare Consulting LLC, Lake Oswego, OR, USA. lw@walkercompany.com

Trustee : the Journal for Hospital Governing Boards

|June 20, 2013

Summary

This summary is machine-generated.

Mutual trust is essential for a strong Chief Executive Officer (CEO)-board relationship. This foundation enables effective governance and strategic alignment within organizations.

Related Experiment Videos

Last Updated: May 10, 2026

The Collective Trust Game: An Online Group Adaptation of the Trust Game Based on the HoneyComb Paradigm

The Collective Trust Game: An Online Group Adaptation of the Trust Game Based on the HoneyComb Paradigm

Published on: October 20, 2022

Area of Science:

Business Administration
Organizational Behavior
Corporate Governance

Background:

The Chief Executive Officer (CEO)-board relationship is critical for organizational success.
Effective collaboration and communication are vital for this dynamic.
Understanding the foundational elements of this relationship is key.

Purpose of the Study:

To investigate the core components underpinning the CEO-board relationship.
To identify the primary factors influencing the effectiveness of CEO-board interactions.
To establish the role of trust in CEO-board dynamics.

Main Methods:

Qualitative analysis of CEO and board member interviews.
Survey data collection on relationship quality.
Case study approach examining high-performing boards.

Main Results:

Mutual trust emerged as the most significant predictor of a healthy CEO-board relationship.
High levels of trust correlated with better strategic decision-making.
Trust facilitated open communication and conflict resolution.

Conclusions:

Mutual trust is indispensable for a robust CEO-board partnership.
Cultivating trust should be a priority for boards and CEOs.
Trust positively impacts organizational performance and governance.