Purpose: We examine the role and importance of trust in a type of Chinese farmer cooperative organization called “Farm Bases,” considering the extent to which trust affects their performance and how the relationship between trust and Farm Base performance is affected by perceptions of risk...

Generalized morality reflects ethical norms in society about the inappropriateness of behaviors that can cause harm to others. Generalized morality may be an important factor affecting the economic performance of countries. An indicator of generalized morality is constructed from data from the...

Williamson argues that a principal will only trust an agent when there are safeguards to ensure the agent has an incentive for trustworthiness. However, such circumstances are devoid of vulnerability and possibility for betrayal. Williamson claims that this is not trust at all. I argue that a...

Generalized morality reflects ethical norms in society about the inappropriateness of behaviors that can cause harm to others. Generalized morality may be an important factor affecting the economic performance of countries. A measure of generalized morality is constructed from data from the...