Trust in Large Organizations

Rafael La Porta, Florencio Lopez- de-Silane, Andrei Shleifer and Robert Vishny
Authors registered in the RePEc Author Service: Florencio Lopez-de-Silanes ()

No 5864, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: Several authors suggest that trust is an important determinant of cooperation between strangers in a society, and therefore of performance of social institutions. We argue that trust should be particularly important for the performance of large organizations. In a cross-section of countries, evidence on government performance, participation in civic and professional societies, importance of large firms, and the performance of social institutions more generally supports this hypothesis. Moreover, trust is lower in countries with dominant hierarchical religions, which may have deterred networks of cooperation trust hold up remarkably well on a cross-section of countries.

JEL-codes: E (search for similar items in EconPapers)
Date: 1996-12
Note: CF
References: Add references at CitEc
Citations: View citations in EconPapers (109)

Published as American Economic Review, Papers and Proceedings, May 1997.

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Journal Article: Trust in Large Organizations (1997)
Working Paper: Trust in Large Organizations (1997)
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