Trust, Morality and International Business

Author:

Brenkert George G.

Abstract

Abstract:This paper argues that trust is one of the crucial bases for an international business morality. To defend this claim, it identifies three prominent senses of trust in the current literature and defends one of them, viz., what I term the “Attitudinal view.” Three different contexts in which such trust plays a role in business relationships are then described, as well as the conditions for the specific kinds of Attitudinal trust which appear in those contexts. Difficulties for the international development of these forms of trust are briefly characterized and some of the possible responses are noted. Finally, the paper identifies morally important features of trust and some of their implications for an international business morality.

Publisher

Cambridge University Press (CUP)

Subject

Economics and Econometrics,Philosophy,General Business, Management and Accounting

Reference45 articles.

1. Production of Trust: Institutional Sources of Economic Structure;Zucker;Research in Organizational Behavior,1986

2. The Prisoner's Dilemma and Mutual Trust

3. VI—The Duty to Trust

4. Opportunism and Trust in the Negotiation of Commercial Contracts: Toward a New Cause of Action;Shell;Vanderbilt Law Review,1991

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