Journal of Business Ethics 100 (4):553 - 566 (2011)

Abstract
This article investigates the structure of trust in China and compares it with the U.S., using the 2000 and 2005 waves of the World Value Survey (WVS). We analyze two dimensions of trust - trust in people and trust in major companies. It is found that the level of trust has remained stable in China within the 5-year period. On the other hand, trust in major companies has declined dramatically in U.S. while trust in people has increased slightly. The structure of trust in companies is different from trust in people. For both countries, individuals with higher education tend to have a higher level of trust. Individuals who are divorced tend to have lower trust in people. Individuals who think that other people are fair are more likely to trust in people. Preference for competition has a positive effect on trust in major companies. On the other hand, some differences between the two countries are observed. Perception of fairness does not affect trust in major companies in China, while it has a positive effect in U.S. in year 2006. Preference for equality has a negative effect on trust in major companies in U.S. but no significant effect in China. The pattern of trust and its changes over time may reflect differences in market conditions in the two economies
Keywords trust  perception  fairness  competition  China
Categories (categorize this paper)
DOI 10.1007/s10551-010-0700-1
Options
Edit this record
Mark as duplicate
Export citation
Find it on Scholar
Request removal from index
Revision history

Download options

PhilArchive copy


Upload a copy of this paper     Check publisher's policy     Papers currently archived: 55,935
External links

Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
Through your library

References found in this work BETA

Gifts and Exchanges.Kenneth J. Arrow - 1972 - Philosophy and Public Affairs 1 (4):343-362.
The Nature of and Conditions for Online Trust.Daryl Koehn - 2003 - Journal of Business Ethics 43 (1/2):3 - 19.
Book Reviews. [REVIEW]David L. Perry & Alex Michalos - 1990 - Journal of Business Ethics 9 (3):279-281.

Add more references

Citations of this work BETA

No citations found.

Add more citations

Similar books and articles

Trust: Self-Interest and the Common Good.Marek Kohn - 2008 - Oxford University Press.
Creating Trust.Robert C. Solomon - 1998 - Business Ethics Quarterly 8 (2):205-232.
Trust in Strangers, Trust in Friends.Jessica Miller - 2003 - Philosophy in the Contemporary World 10 (1):17-22.
Trust.Carolyn McLeod - 2020 - Stanford Encyclopedia of Philosophy.
Puzzles About Trust.Doran Smolkin - 2008 - Southern Journal of Philosophy 46 (3):431-449.
The Sales Process and the Paradoxes of Trust.G. Oakes - 1990 - Journal of Business Ethics 9 (8):671 - 679.
Deciding to Trust, Coming to Believe.Richard Holton - 1994 - Australasian Journal of Philosophy 72 (1):63 – 76.
Trust in Scientific Publishing.Harry Hummels & Hans E. Roosendaal - 2001 - Journal of Business Ethics 34 (2):87 - 100.
The Case of Online Trust.Matteo Turilli, Mariarosaria Taddeo & Antonino Vaccaro - 2010 - Knowledge, Technology & Policy 23 (3-4):333-345.

Analytics

Added to PP index
2013-09-29

Total views
49 ( #202,325 of 2,403,077 )

Recent downloads (6 months)
2 ( #361,711 of 2,403,077 )

How can I increase my downloads?

Downloads

My notes