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Social trust and institutional (bank) trust

Empirical evidence of interaction

Bibliographic Data

ID2434569
AuthorsAnna Buriak (0000-0003-2954-483X, Sumy State University), Iveta Vozňáková (0000-0003-0852-9809, Sumy State University), Joanna Sułkowska (0000-0002-4601-1544, Sumy State University), Yana Kryvych (Sumy State University)
Year2019
Volume12
Issue4
Pages116-129
Publication date2019-12-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueEconomics & Sociology (JOURNAL)
Journal identifiersISSN: 2071-789X • E-ISSN: 2306-3459
PublisherCentre of Sociological Research, Szczecin, Poland (PUBLISHER • PL)
DOI10.14254/2071-789x.2019/12-4/7
OpenAlexW3000365863
LanguageEN
Citations received6
References cited11

This paper analyzes the interaction between interpersonal trust (as informal rules and behavior) and trust in banks (as formal rules and institutions) as well as institutional sources of trust. Structural equation modeling and cluster analysis were applied to data from the World Values Survey extracted from the Wave 6 (2010-2014). The results of cross-sectional estimations show complementary view on interaction -a positive link between interpersonal trust and trust in banks. Using cluster method, strong impact of institutional environment (GDP per capita, Education Index, Inequality Index, Rule of Law Index) on the level of interaction has been found. The lowest level of linkages between interpersonal trust and trust in banks is associated with the worst institutional environment, the highest level of impact -with the best institutional environment.

Business · Economics · European Social Survey · Index (typography) · Interpersonal communication · Interpersonal relationship · Per capita · Political science · Social capital · Social trust · Sociology · Statistics · Structural equation modeling · World Values Survey · Computer Science · Culture, Economy, and Development Studies · Islamic Finance and Banking Studies · Law · Psychology · Social Capital and Networks · Social Psychology

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Unique citing works6
Citations per year1,2
Citation span2021 - 2026 (6)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 5

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