Publication:
Trust in Transition: Cross-Country and Firm Evidence

dc.contributor.authorRaiser, Martin
dc.contributor.authorSteves, Franklin
dc.contributor.authorTeksoz, Utku
dc.date.accessioned2012-03-30T07:30:05Z
dc.date.available2012-03-30T07:30:05Z
dc.date.issued2008
dc.description.abstractUsing data from a large survey of firms across 26 transition economies, this article assesses the extent of trust in business relationships by measuring the level of prepayment demanded by suppliers, which we interpret as a measure of (dis)trust. We investigate a range of potential determinants of trust and find that trust among businesses is higher where confidence in third party enforcement through the legal system is higher. We also find that different types of business networks have a differential impact on the degree of trust between enterprises: networks based around family and friends help to build trust among firms, whereas networks based around enterprise insiders and government agencies appear to undermine trust. Our conclusion, based on the use of a unique multicountry enterprise data set, is that enterprises' room for maneuver in overcoming opportunism and distrust is much more limited by countrywide systemic factors than previously believed.en
dc.identifier.citationJournal of Law, Economics, and Organization
dc.identifier.issn87566222
dc.identifier.urihttps://hdl.handle.net/10986/4857
dc.language.isoEN
dc.relation.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rights.holderWorld Bank
dc.subjectFirm Performance: Size, Diversification, and Scope L250
dc.subjectSocialist Enterprises and Their Transitions P310
dc.subjectEconomic Sociology
dc.subjectEconomic Anthropology
dc.subjectSocial and Economic Stratification Z130
dc.titleTrust in Transition: Cross-Country and Firm Evidenceen
dc.title.alternativeJournal of Law, Economics, and Organizationen
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.doctypeJournal Article
okr.externalcontentExternal Content
okr.identifier.externaldocumentum1439
okr.journal.nbpages407-433
okr.language.supporteden
okr.peerreviewAcademic Peer Review
okr.relation.associatedurlhttp://search.ebscohost.com/login.aspx?direct=true&db=eoh&AN=1000332&site=ehost-live
okr.relation.associatedurlhttp://jleo.oxfordjournals.org
okr.volume24
relation.isAuthorOfPublication35c9d085-c8b0-5d0d-8b9f-3a535c096f92
relation.isAuthorOfPublication.latestForDiscovery35c9d085-c8b0-5d0d-8b9f-3a535c096f92
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