TY  - JOUR
AU  - Porta,Rafael La
AU  - Lopez-de-Silane,Florencio
AU  - Shleifer,Andrei
AU  - Vishny,Robert W.
TI  - Trust in Large Organizations
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 5864
PY  - 1996
Y2  - December 1996
UR  - http://www.nber.org/papers/w5864
L1  - http://www.nber.org/papers/w5864.pdf
N1  - Author contact info:
Rafael La Porta
Dartmouth College
Tuck School
210 Tuck Hall
Hanover, NH  03755
Tel: 603/646-3739
E-Mail: rafael.laporta@dartmouth.edu

Florencio Lopez-de-Silanes
EDHEC Business School
393, Promenade des Anglais BP 3116
06202 Nice Cedex 3
FRANCE
Tel: +33 (0) 4 93 18 78 07
Fax: +33 (0) 4 93 18 78 41
E-Mail: Florencio.lopezdesilanes@edhec.edu

Andrei Shleifer
Department of Economics
Harvard University
Littauer Center M-9
Cambridge, MA 02138
Tel: 617/495-5046
Fax: 617/496-1708
E-Mail: ashleifer@harvard.edu

Robert W. Vishny
Booth School of Business
The University of Chicago
5807 South Woodlawn Avenue
Chicago, IL  60637
Tel: 773/702-2522
Fax: 773/834-1920
E-Mail: Rvishny@gmail.com
M2  - featured in NBER digest on 1997-08-01
AB  - 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.
ER  -