WorldWideScience

Sample records for depository trust company

  1. 77 FR 27503 - Self-Regulatory Organizations; The Depository Trust Company; Order Granting Approval of a...

    Science.gov (United States)

    2012-05-10

    ... in turn assist IPAs in making better informed credit decisions when an issuer has more maturities... COMMISSION Self-Regulatory Organizations; The Depository Trust Company; Order Granting Approval of a Proposed... money market industry members include the Commercial Paper Issuers Working Group, which is comprised of...

  2. 78 FR 51254 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2013-08-20

    ..., 2007), 72 FR 48709 (August 24, 2007) for the rule filing implementing the Policy. \\8\\ 15 U.S.C. 77a et... that on July 31, 2013, The Depository Trust Company (``DTC'') filed with the Securities and Exchange... been prepared primarily by DTC. DTC filed the rule change pursuant to Section 19(b)(3)(A) \\3\\ of...

  3. 77 FR 52082 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2012-08-28

    ... Securities Exchange Act Release No. 34-65032 (August 4, 2011), 76 FR 49511 (August 10, 2011) . Making... is hereby given that on August 13, 2012, The Depository Trust Company (``DTC'') filed with the... III below, which Items have been prepared primarily by DTC. DTC filed the proposed rule...

  4. 75 FR 69150 - Self-Regulatory Organizations; The Depository Trust Company; Order Approving Proposed Rule Change...

    Science.gov (United States)

    2010-11-10

    ..., 2010), 75 FR 60158. II. Description DTC's Security Position Report (``SPR'') service provides valuable... November 4, 2010. I. Introduction On September 14, 2010, The Depository Trust Company (``DTC'') filed with the Securities and Exchange Commission (``Commission'') proposed rule change SR-DTC-2010-12...

  5. 75 FR 2570 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2010-01-15

    ... (``Act''),\\1\\ notice is hereby given that on December 23, 2009, The Depository Trust Company (``DTC... Items I, II, and III below, which items have been prepared primarily by DTC. DTC filed the proposal... Substance of the Proposed Rule Change The proposed rule change would amend DTC's rules to modify...

  6. 75 FR 21072 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2010-04-22

    ... Release No. 61318 (January 8, 2010), 75 FR 10542 (March 8, 2010) (SR-DTC-2009-18). In an effort to further... is hereby given that on ] March 31, 2010, The Depository Trust Company (``DTC'') filed with the... III below, which items have been prepared primarily by DTC. DTC filed the proposal pursuant to...

  7. 77 FR 3833 - Self-Regulatory Organizations; The Depository Trust Company; Order Approving Proposed Rule Change...

    Science.gov (United States)

    2012-01-25

    ... 2, 2011), 76 FR 76790 (December 8, 2011). In its filing with the Commission, DTC included statements... With DTC End of Day Net Funds Settlement January 19, 2012. I. Introduction On November 21, 2011, The Depository Trust Company (``DTC'') filed with the Securities and Exchange Commission (``Commission'')...

  8. 78 FR 30382 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2013-05-22

    ... exchanges, and cash conversions. See Release No. 34-62119 (May 18, 2010), 75 FR 29374 (May 25, 2010) (for...,\\2\\ notice is hereby given that on May 3, 2013, The Depository Trust Company (``DTC'') filed with the... III below, which Items have been prepared primarily by DTC. DTC filed the proposed rule...

  9. 78 FR 29186 - Self-Regulatory Organizations; The Depository Trust Company; Order Approving Proposed Rule Change...

    Science.gov (United States)

    2013-05-17

    ...\\ Release No. 34-69276 (Apr. 2, 2013), 78 FR 20999 (Apr. 8, 2013). II. Description DTC filed the Proposed...)(3)(F). \\12\\ Release No. 34-68080 (Oct. 22, 2012), 77 FR 66219 (Nov. 2, 2012). \\13\\ 17 CFR 240.17Ad... May 13, 2013. I. Introduction On March 20, 2013, The Depository Trust Company (``DTC'') filed with...

  10. 75 FR 29374 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2010-05-25

    ...\\ notice is hereby given that on April 29, 2010, The Depository Trust Company (``DTC'') filed with the... III below, which Items have been prepared primarily by DTC. DTC filed the proposal pursuant to Section... Substance of the Proposed Rule Change The purpose of the proposed rule change is to revise DTC's...

  11. 76 FR 13439 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2011-03-11

    ... Depository Trust Company (``DTC'') filed with the Securities and Exchange Commission (``Commission'') the proposed rule change described in Items I and II below, which items have been prepared primarily by DTC.\\2\\ DTC filed the proposed rule change pursuant to Section 19(b)(3)(A)(iii) and Rule...

  12. 75 FR 6752 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2010-02-10

    ... hereby given that on January 15, 2010, The Depository Trust Company (``DTC'') filed with the Securities... below, which Items have been prepared primarily by DTC. DTC filed the proposal pursuant to Section 19(b... Basis for, the Proposed Rule Change In its filing with the Commission, DTC included...

  13. 76 FR 79732 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2011-12-22

    ... Effectiveness of Proposed Rule Change To Amend Rules Relating To Update DTC's Custody Service Guide December 16... hereby given that on December 7, 2011, The Depository Trust Company (``DTC'') filed with the Securities..., which items have been prepared primarily by DTC. DTC filed the proposed rule change pursuant to...

  14. 77 FR 49048 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2012-08-15

    ... information about the DWAC service, see Securities Exchange Act Release No. 29952 (November 18, 1991) 56 FR...\\ notice is hereby given that on June 30, 2012, The Depository Trust Company (``DTC'') filed with the... below, which Items have been prepared primarily by DTC. DTC filed the proposal pursuant to Section...

  15. 77 FR 52080 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2012-08-28

    ... Depository Trust Company (``DTC'') filed with the Securities and Exchange Commission (``Commission'') the... by DTC. DTC filed the proposed rule change pursuant to Section 19(b)(3)(A) of the Act \\3\\ and Rule... efficiencies to DTC by reducing the number of manual adjustments related to correcting Participant...

  16. 75 FR 16216 - Self-Regulatory Organizations; the Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2010-03-31

    ... is hereby given that on March 5, 2010, the Depository Trust Company (``DTC'') filed with the... III below, which items have been prepared primarily by DTC. DTC filed the proposal pursuant to Section... Proposed Rule Change The proposed rule change amends DTC's rules in order to update its Settlement...

  17. 75 FR 54680 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2010-09-08

    ... Effectiveness of Proposed Rule Change To Amend Rules Relating to Authority To Suspend or Waive DTC Rules and...\\ notice is hereby given that on August 23, 2010, The Depository Trust Company (``DTC'') filed with the... III below, which items have been prepared primarily by DTC.\\2\\ DTC filed the proposed rule...

  18. 78 FR 40234 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2013-07-03

    ... Effectiveness of Proposed Rule Change to Harmonize and Clarify Language Within the DTC Service Guides Regarding Restrictions on Use of Information and Data Distributed by DTC June 27, 2013 Pursuant to Section 19(b)(1) of... that on June 13, 2013, The Depository Trust Company (``DTC'') filed with the Securities and...

  19. 75 FR 19667 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2010-04-15

    ... issues of securities. \\4\\ Securities Exchange Release Act No. 29814 (Oct. 11, 1991), 56 FR 55563 (Oct. 21... 22, 2010, The Depository Trust Company (``DTC'') filed with the Securities and Exchange Commission... prepared primarily by DTC. DTC filed the proposed rule change pursuant to Section 19(b)(3)(A)(iii) of...

  20. 77 FR 315 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2012-01-04

    ..., notice is hereby given that on December 15, 2011, The Depository Trust Company (``DTC'') filed with the..., which Items have been prepared primarily by DTC. DTC filed the proposed rule change pursuant to Section... Statutory Basis for, the Proposed Rule Change In its filing with the Commission, DTC included...

  1. 75 FR 1425 - Self-Regulatory Organizations; the Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2010-01-11

    ..., the Depository Trust Company (``DTC'') filed with the Securities and Exchange Commission (``Commission... primarily by DTC. DTC filed the proposal pursuant to Section 19(b)(3)(A)(iii) of the Act \\2\\ and Rule 19b-4... proposed rule change is to revise fees for certain DTC services. II. Self-Regulatory...

  2. 76 FR 10628 - Self-Regulatory Organizations; the Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2011-02-25

    .... Securities Exchange Act Release No. 61922 (Apr. 15, 2010), 75 FR 21072 (Apr. 22, 2010). Also in 2010, DTC... Release No. 63415 (Dec. 2, 2010), 75 FR 76506 (Dec. 8, 2010). DTC states that the proposed rule change is...''),\\1\\ notice is hereby given that on February 7, 2011, The Depository Trust Company (``DTC'')...

  3. 76 FR 2430 - Self-Regulatory Organizations; the Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2011-01-13

    ..., The Depository Trust Company (``DTC'') filed with the Securities and Exchange Commission (``Commission... DTC. DTC filed the proposed rule change pursuant to Section 19(b)(3)(A)(ii) of the Act \\2\\ and Rule... filing is to revise the fees for certain services provided by DTC. II. Self-Regulatory...

  4. 75 FR 68013 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2010-11-04

    ... (``Act''),\\1\\ notice is hereby given that on October 18, 2010, The Depository Trust Company (``DTC... Items I and II below, which items have been prepared primarily by DTC.\\2\\ DTC filed the proposed rule... text of the proposed rule change is attached as Exhibit 5 to DTC's filing, which is available at...

  5. 75 FR 38581 - Self-Regulatory Organizations; the Depository Trust Company; Notice of Filing of Proposed Rule...

    Science.gov (United States)

    2010-07-02

    ... thereunder \\2\\ notice is hereby given that on June 4, 2010, The Depository Trust Company (``DTC'') filed with... I, II, and III below, which Items have been substantially prepared by DTC. The Commission is... Substance of the Proposed Rule Change The purpose of this proposed rule change is to revise DTC's...

  6. 76 FR 42149 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing of Proposed Rule...

    Science.gov (United States)

    2011-07-18

    ...\\ notice is hereby given that on July 1, 2011, The Depository Trust Company (``DTC'') filed with the... below, which Items have been prepared primarily by DTC. The Commission is publishing this notice to... Rule Change The purpose of DTC's proposed rule change is to amend its Redemption Service Guide as...

  7. 75 FR 497 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing of Proposed Rule...

    Science.gov (United States)

    2010-01-05

    ... is hereby given that on December 17, 2009, The Depository Trust Company (``DTC'') filed with the... III below, which Items have been prepared primarily by DTC. The Commission is publishing this notice... Proposed Rule Change The purpose of this proposed rule change is to allow DTC to provide...

  8. 76 FR 76790 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing of Proposed Rule...

    Science.gov (United States)

    2011-12-08

    ..., Associated With DTC End of Day Net Funds Settlement December 2, 2011. Pursuant to Section 19(b)(1) of the... November 21, 2011, The Depository Trust Company (``DTC'') filed with the Securities and Exchange Commission... prepared primarily by DTC. The Commission is publishing this notice to solicit comments on the...

  9. 76 FR 25389 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing of Proposed Rule...

    Science.gov (United States)

    2011-05-04

    ... hereby given that on April 15, 2011, The Depository Trust Company (``DTC'') filed with the Securities and... Items have been prepared primarily by DTC.\\3\\ The Commission is publishing this notice to solicit.... \\3\\ The text of the proposed rule change is attached as Exhibit 5 to DTC's filing, which is...

  10. 75 FR 10539 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2010-03-08

    ... (February 15, 1995), 60 FR 9875 (February 22, 1995) (File No. SR-DTC-95-02). To increase certainty regarding... Company (``DTC'') filed with the Securities and Exchange Commission (``Commission'') the proposed rule change as described in Items I, II, and ] III below, which Items have been prepared primarily by DTC....

  11. 31 CFR 537.319 - U.S. depository institution.

    Science.gov (United States)

    2010-07-01

    ... 31 Money and Finance: Treasury 3 2010-07-01 2010-07-01 false U.S. depository institution. 537.319 Section 537.319 Money and Finance: Treasury Regulations Relating to Money and Finance (Continued) OFFICE... associations, credit unions, trust companies and United States bank holding companies) and is subject...

  12. 31 CFR 560.319 - United States depository institution.

    Science.gov (United States)

    2010-07-01

    ... 31 Money and Finance: Treasury 3 2010-07-01 2010-07-01 false United States depository institution. 560.319 Section 560.319 Money and Finance: Treasury Regulations Relating to Money and Finance... associations, credit unions, trust companies and United States bank holding companies)....

  13. 31 CFR 538.317 - U.S. depository institution.

    Science.gov (United States)

    2010-07-01

    ... 31 Money and Finance: Treasury 3 2010-07-01 2010-07-01 false U.S. depository institution. 538.317 Section 538.317 Money and Finance: Treasury Regulations Relating to Money and Finance (Continued) OFFICE... associations, credit unions, trust companies and United States bank holding companies) and is subject...

  14. The Culture of Trust in the Company-Employee Relationship

    OpenAIRE

    Młokosiewicz, Marta

    2015-01-01

    A culture of trust leads to better use of knowledge and human skills, so important in an economy based on knowledge, innovation and change. Polish society is characterized by a culture of distrust, and this atmosphere translates into interpersonal relationships in companies. The challenge is therefore to recognize the conditions for building and strengthening organizational trust. Trust is related to personal reliability, which means respecting moral norms and the rights of oth...

  15. 77 FR 34095 - Federated Investment Management Company and Federated ETF Trust; Notice of Application

    Science.gov (United States)

    2012-06-08

    ... COMMISSION Federated Investment Management Company and Federated ETF Trust; Notice of Application June 1...: Federated Investment Management Company (``Federated'') and Federated ETF Trust (the ``Trust''). Summary of... complete application may be obtained via the Commission's Web site by searching for the file number, or...

  16. 75 FR 9987 - Self-Regulatory Organizations; The Depository Trust Company; Order Approving Proposed Rule Change...

    Science.gov (United States)

    2010-03-04

    ...\\ 15 U.S.C. 78s(b)(1). \\2\\ Securities Exchange Act Release No. 61249 (December 29, 2009), 75 FR 0947....\\5\\ EuroCCP will be subject to the same net debit cap \\6\\ and collateral monitor (``Risk Management... queue that recycles until another transaction or payment creates credits in the participant's...

  17. 77 FR 3531 - Self-Regulatory Organizations; The Depository Trust Company; Order Approving Proposed Rule Change...

    Science.gov (United States)

    2012-01-24

    ... function to reduce Participant counterparty risk, to enhance DTC's liquidity management, and to facilitate... To Enhance Risk Management Controls Associated With the Receiver Authorized Delivery Function January... proposed rule change in Section II below. II. Description The rule change will enhance the risk management...

  18. 77 FR 11175 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2012-02-24

    ... to banks in managing the new Liquidity Coverage Ratio. The industry has indicated that affected banks...''). In particular, the industry is concerned that the anticipated implementation of a Liquidity Coverage... international banks and that the commercial paper market will need to adapt to these changes. DTC was...

  19. 76 FR 9070 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2011-02-16

    ... data pursuant to the International Standards Organization (``ISO'') 20022 format for the entire... publish corporate actions pursuant to the International Standard Organization (``ISO'') 20022 format. II...'') files. In order to reduce risk and to improve transparency in the announcement and processing...

  20. 77 FR 34416 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2012-06-11

    ... Effectiveness of Proposed Rule Change To Enable Issuers To Send Corporate Action Announcements in Machine... DTC's corporate action service in order to enable issuers to send to DTC dividend announcements on sponsored American Depositary Receipts (``ADRs'') using eXtensible Business Reporting Language...

  1. 76 FR 20061 - Self-Regulatory Organizations; The Depository Trust Company; Order Granting Approval of a...

    Science.gov (United States)

    2011-04-11

    ... and electronically confirms theses changes with DTC. \\4\\ FAST reduces the movement of certificates... registration system (``DRS'').\\5\\ \\5\\ DRS allows registered owners to hold their assets on the records of the... eligible for DTC's DWAC service. For more information about the DWAC service, see Securities Exchange...

  2. 77 FR 66497 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2012-11-05

    ... and distributing information to its Participants using its proprietary computer to computer facility (``CCF'') files. In order to reduce risk, improve transparency and increase efficiency in the announcing... the end-of-day batch CCF files. Participants that have volunteered to participate in a pilot...

  3. 76 FR 79725 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2011-12-22

    ... section to the Deposits Guide detailing its Paperless Legal Transfer Program.\\6\\ \\6\\ For more information regarding DTC's Paperless Legal Transfer Program, see Important Notices B 6931 (September 29, 2004), B...

  4. 76 FR 34118 - Self-Regulatory Organizations; The Depository Trust Company; Order Granting Approval of a...

    Science.gov (United States)

    2011-06-10

    ... the Division of Trading and Markets, pursuant to delegated authority.\\7\\ \\7\\ 17 CFR 200.30-3(a)(12... support two optional ``turnaround'' MSEG indicators which enable participants to make deliveries for... indicators that allow for the turnaround of stock loans and stock loan returns more restrictive. As a result...

  5. 78 FR 2469 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2013-01-11

    ...; 10. Municipal Bearer hold/release of pending Deliver Order recycling for insufficient position... authorization, day cycle (excluding MMIs); 6. Municipal Bearer Deliver Order (excluding MMIs); 7. Deliver, opening in day cycle to cutoff, stock loans and returns (excluding MMIs); 8. Municipal Bearer Bond...

  6. 75 FR 76506 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2010-12-08

    ... efficiency and timing of pledging collateral. To implement those changes, the FR has requested that DTC make... Federal Reserve Bank (``FRB'').\\5\\ Additionally, the FR has requested that DTC consolidate the pledge... side of the related transaction is settled outside of DTC. Specifically, the FR has requested that...

  7. 76 FR 77281 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2011-12-12

    ... 31833 (August 24, 1987) (File No. SR-DTC-87-10); 25948 (July 27, 1988), 53 FR 29294 (August 3, 1988) (File No. SR-DTC-88-13); 30625 (April 30, 1992), 57 FR 18534 (April 30, 1992) (File No. SR-DTC-92- 06); 35342 (February 8, 1995), 60 FR 8434 (February 14, 1995) (File No. SR-DTC-94-19); 39894 (April 21,...

  8. 77 FR 75453 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Immediate...

    Science.gov (United States)

    2012-12-20

    ... (``DTC'') filed with the Securities and Exchange Commission (``Commission'') the proposed rule change as described in Items I, II and III below, which Items have been prepared primarily by DTC. DTC filed the... Purpose of, and Statutory Basis for, the Proposed Rule Change In its filing with the Commission,...

  9. 78 FR 36616 - Self-Regulatory Organizations; The Depository Trust Company; Order Approving Proposed Rule Change...

    Science.gov (United States)

    2013-06-18

    ... risk management focus, DTC has determined that compliance with FATCA, so that DTC shall not be.... Customary legal agreements in the financial services industry already contain provisions allocating the risk... Reserve. Gross Proceeds Withholding would foreclose such netting, greatly reducing liquidity available...

  10. 75 FR 80878 - Self-Regulatory Organizations; The Depository Trust Company; Order Granting Approval of a...

    Science.gov (United States)

    2010-12-23

    ... institution of the Federal Reserve System, is subject to capital guidelines issued by the Board of Governors of the Federal Reserve System. To be considered ``well-capitalized'' under these guidelines, DTC must, among other things, maintain a Total Risk-Based Capital Ratio of at least 10%, a Leverage Ratio of...

  11. 17 CFR 270.17f-7 - Custody of investment company assets with a foreign securities depository.

    Science.gov (United States)

    2010-04-01

    ... Foreign Assets must be withdrawn from the depository as soon as reasonably practicable. (b) Definitions. The terms Foreign Assets, Fund, Qualified Foreign Bank, Registered Canadian Fund, and U.S. Bank have... for the central handling of securities as defined in § 270.17f-4 that: (i) Acts as or operates a...

  12. 26 CFR 1.58-6 - Regulated investment companies; real estate investment trusts.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 1 2010-04-01 2010-04-01 true Regulated investment companies; real estate... their shareholders and real estate investment trusts (as defined in section 856) and their shareholders... real estate investment trust, accelerated depreciation on section 1250 property (sections 57(a)(2) and...

  13. A company I can trust? Organizational lay theories moderate stereotype threat for women.

    Science.gov (United States)

    Emerson, Katherine T U; Murphy, Mary C

    2015-02-01

    Women remain under-represented in the leadership of corporate America. According to stereotype threat theory, this under-representation may persist because women are concerned about being stereotyped in business settings. Three studies investigated whether an entity (fixed), compared with an incremental (malleable), organizational lay theory is threatening for women evaluating a consulting company. Men and women viewed a company mission statement or website containing an entity or incremental theory. Results revealed that women--more so than men--trusted the entity company less than the incremental company. Furthermore, only women's mistrust of the entity company was driven by their expectations about being stereotyped by its management. Notably, when combined with high or low representations of female employees, only organizational lay theories predicted trust. Finally, people's--particularly women's--mistrust of the entity company led them to disengage more before interacting with a representative. Implications for women's experiences and outcomes in workplace settings are discussed.

  14. Student Loan Lenders: Information on the Activities of the First Independent Trust Company.

    Science.gov (United States)

    General Accounting Office, Washington, DC. Div. of Human Resources.

    Information is provided on the activities of the First Independent Trust Company (FITCO) of Carmichael, California, which made loans to students participating in the Stafford Student Loan Program until California's State Banking Department closed it in May 1989. During the 11 years FITCO was in the Stafford program, it made over $1 billion in…

  15. 26 CFR 301.7507-1 - Banks and trust companies covered.

    Science.gov (United States)

    2010-04-01

    ... bank or trust company organized under State law, a substantial portion of the business of which consists of receiving deposits and making loans and discounts, and which has— (1) Ceased to do business by reason of insolvency or bankruptcy, or (2) Been released or discharged from its liability to its...

  16. National and Organizational Culture, Performance Evaluation and Trust: Evidence from Multinational Company Subsidiary in Indonesia

    Directory of Open Access Journals (Sweden)

    Unggul Purwohedi

    2017-07-01

    Full Text Available The aim of this study is to investigate the impact of national and organizational culture on the relationship between accounting and trust in a subsidiary of a Western Multi-National Company (MNC in Indonesia. This study use a qualitative field study of one French MNC subsidiary and interview four expatriate directors, nine Indonesian managers and 10 Indonesian employees. Key themes were identified with the assistance of NVivo software. In this study, accounting, through formal performance evaluation, contributes to trust building between supervisors and their subordinates. Formal performance evaluation through transparent and objective evaluation increases trust in the supervisor. On the other hand, informal performance evaluation tends to decrease trustful behaviour due to secrecy in the evaluation process.  It appears that Indonesian national culture does influence organizational culture preference in the local staff. Individuals share national culture as a result of values developed from family, religion, education, and experience. 

  17. 76 FR 75570 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing of Proposed Rule...

    Science.gov (United States)

    2011-12-02

    ... Change To Enhance Risk Management Controls Associated With the Receiver Authorized Delivery Function... management controls associated with DTC's Receiver Authorized Delivery (``RAD'') function. II. Self... is placed on a pending (recycling) queue until another transaction creates sufficient credit in...

  18. 78 FR 13924 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing Amendment No. 2 and...

    Science.gov (United States)

    2013-03-01

    ... Order Approving Proposed Rule Change, as Modified by Amendment No. 2, To Reduce Liquidity Risk Relating... reduce liquidity risk relating to DTC's processing of maturity and income presentments (``Maturity... DTC's risk management controls such as the Collateral Monitor (``CM'') \\8\\ and net debit cap (``Net...

  19. 78 FR 33876 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing of Proposed Rule...

    Science.gov (United States)

    2013-06-05

    ..., increasing credit and liquidity risk to that Participant and to the Corporation.\\5\\ \\5\\ DTC's risk management... liquidity risk from such reclaims. All valued DOs and POs valued in amounts above $15 million and $1 million... to respond. Because such reclaims are permitted without regard to risk management controls, the...

  20. 78 FR 77755 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing of Proposed Rule...

    Science.gov (United States)

    2013-12-24

    ... promotional activity was occurring; and (d) sales that represented a high percentage of trading volume or of... significant aspects of such statements. (A) Self-Regulatory Organization's Statement of the Purpose of, and... specific standards for making a security an Eligible Security: Generally, the issues that may be...

  1. 78 FR 26823 - Self-Regulatory Organizations; the Depository Trust Company; Notice of Filing of Proposed Rule...

    Science.gov (United States)

    2013-05-08

    ... intent is to curb tax evasion by U.S. citizens and residents through their use of offshore bank accounts... counterparty, National Securities Clearing Corporation (``NSCC'') and further netting on a settling bank basis..., greatly reducing liquidity available to the system and Participants, increasing systemic risk....

  2. 78 FR 20999 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing of Proposed Rule...

    Science.gov (United States)

    2013-04-08

    ... deposited with DTC within two business days.). In order to enhance its liquidity and risk coverage, DTC is... From the Federal Register Online via the Government Publishing Office SECURITIES AND EXCHANGE... Deposits April 2, 2013. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (``Act'')...

  3. 78 FR 795 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing of Proposed Rule...

    Science.gov (United States)

    2013-01-04

    ... Provisional Net Credit (``LPNC'') risk management control in order to increase withholding from one to two largest provisional credits (on an acronym \\3\\ basis). DTC is also proposing to modify its Rules as they.../Paying Agent's bank uses the acronym(s) when submitting an instruction for a given issuer's Money...

  4. 75 FR 71473 - Self-Regulatory Organizations; the Depository Trust Company; Notice of Filing of Proposed Rule...

    Science.gov (United States)

    2010-11-23

    ... balance certificate as appropriate and electronically confirms theses changes with DTC. \\5\\ FAST reduces... the direct registration system (``DRS'').\\6\\ \\6\\ DRS allows registered owners to hold their assets on... personal identifying information from submissions. You should submit only information that you wish to...

  5. 76 FR 5843 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing and Order Granting...

    Science.gov (United States)

    2011-02-02

    ...\\ The White Paper can be found at http://www.dtcc.com/downloads/leadership/whitepapers/Payment... measure the impact of imprecise allocations as well as build a history of noncompliant CUSIPs to assist in...-1090, on official business days between the hours of 10 a.m. and 3 p.m. Copies of such filings will...

  6. 78 FR 40250 - Self-Regulatory Organizations; The Depository Trust Company (“DTC”); Notice of Filing and...

    Science.gov (United States)

    2013-07-03

    ...\\ Release No. 34-53970 (June 12, 2006) 71 FR 34974 (June 16, 2006) (SR-DTC-2006-08). \\7\\ Release No. 34-59821 (April 24, 2009) 74 FR 20513 (May 4, 2009) (SR-DTC-2009-05). \\8\\ See Release No. 34-59821 (March 23, 2009) 74 FR 13490 (March 27, 2009) (SR-DTC-2009-05) which modified the fees from the...

  7. 75 FR 69514 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing of Proposed Rule...

    Science.gov (United States)

    2010-11-12

    ... 15, 1999), 64 FR 33333 (June 22, 1999) [File No. SR-DTC-1999- 08]. The amendment was also approved by..., 2000), 65 FR 52459 (August 29, 2000) ; 34-54775 (November 17, 2006), 71 FR 68662 (November 27, 2006) [SR-DTC-2006- 14]; 34-59612 (March 20, 2009), 74 FR 13488 (March 27, 2009) [File No....

  8. 78 FR 5516 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing Advance Notice To...

    Science.gov (United States)

    2013-01-25

    ... Reduce Liquidity Risk Relating to Its Processing of Maturity and Income Presentments and Issuances of... change the current Largest Provisional Net Credit (``LPNC'') risk management control in order to increase... the reversals may override DTC's risk management controls (e.g., collateral monitor \\5\\ and net...

  9. 78 FR 28933 - Self-Regulatory Organizations; The Depository Trusts Company; Notice of Filing and No Objection...

    Science.gov (United States)

    2013-05-16

    ... its liquidity risk management regime, DTC maintains a $1.9 billion, 364-day committed, revolving line..._proc/dtc_rules.pdf ). Anticipated Effect on and Management of Risk DTC believes that the Credit Facility is a cornerstone of DTC risk management and its renewal is critical to the DTC risk...

  10. 77 FR 17534 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing of Proposed Rule...

    Science.gov (United States)

    2012-03-26

    ... the issuer's reputation and credit standing. \\7\\ DTC employs a four-character acronym to designate an... regardless of transaction value.\\11\\ \\11\\ This change will eliminate the ability for a receiver to ``force...

  11. 78 FR 13917 - Self-Regulatory Organizations; The Depository Trust Company; Notice of Filing Amendment No. 1 and...

    Science.gov (United States)

    2013-03-01

    ... objectives and principles for the risk management standards prescribed under Section 805(a) shall be to: \\11... requirements for their operations and risk management practices on an ongoing basis.\\14\\ As such, it is... Commission promulgated under Section 805(a) and the objectives and principles of these risk management...

  12. National and Organizational Culture, Performance Evaluation and Trust: Evidence from Multinational Company Subsidiary in Indonesia

    OpenAIRE

    Unggul Purwohedi

    2017-01-01

    The aim of this study is to investigate the impact of national and organizational culture on the relationship between accounting and trust in a subsidiary of a Western Multi-National Company (MNC) in Indonesia. This study use a qualitative field study of one French MNC subsidiary and interview four expatriate directors, nine Indonesian managers and 10 Indonesian employees. Key themes were identified with the assistance of NVivo software. In this study, accounting, through formal performance e...

  13. Inter-Organizational Trust in EDI Adoption: The Case of Ford Motor Company and PBR Limited in Australia.

    Science.gov (United States)

    Ratnasingam, Pauline

    2001-01-01

    This study examines behavioral dimensions of trading partner trust in EDI (electronic data interchange) adoption via a qualitative interpretative case study conducted between an automotive manufacturer (Ford Motor Company) in Australia and their first tier supplier, PBR Limited. Findings suggest that trust is important for cooperative long-term…

  14. 76 FR 60603 - Surety Companies Acceptable on Federal Bonds: Termination; Minnesota Surety and Trust Company

    Science.gov (United States)

    2011-09-29

    ... of the Treasury, Financial Management Service, Financial Accounting and Services Division, Surety... Carrico, Director, Financial Accounting and Services Division, Financial Management Service. BILLING CODE... Company AGENCY: Financial Management Service, Fiscal Service, Department of the Treasury. ACTION:...

  15. The antecedent role of personal environmental values in the relationships among trust in companies, information processing and risk perception

    OpenAIRE

    Tortosa Edo, Vicent; López Navarro, Miguel Ángel; Llorens Monzonís, Jaume; Rodríguez Artola, Rosa María

    2013-01-01

    Trust and risk perception are important issues for industries such as petrochemical companies, typically considered ‘less trustworthy’ because of the hazards associated with their activities. In this context, individual’s trust in companies may have influence on information processing mode that individual adopts to reach a judgement such as risk perception associated with industrial hazards. We take the heuristic-systematic theory (HSM) as the model for processing information about industrial...

  16. Trust and management-to-employee communication in Slovenian companies: Some evidence from the current economic crisis

    Directory of Open Access Journals (Sweden)

    Maja Makovec Brenčič

    2011-01-01

    Full Text Available This paper analyzes the importance of trust and management-to-employee communication among top Slovenian employers from the Golden Thread Survey. The paper analyzes the changes and impact of the deteriorating external economic situation on (a company-employee relational trust, and on the (b perceived importance of “trust and long-term relationships with the company in the eyes of the customer” by respondent managers. Furthermore, our analysis also looks at the impact of management-to-employee communication on both trust perspectives. The results show a stable level of company-employee relational trust in the face of the current economic crisis, despite a high level of perceived organizational process changes and a sharp decline in financial performance. On the other hand, the perceived importance of “trust and long-term relationships with the company in the eyes of the customer” has increased substantially as the crisis has deepened, supporting our claim that relationships and the external relationship orientation gain importance in the time of crisis. There is also a strong link between the degree of open and frequent management-to-employee communication, and both perspectives of measured trust among top Slovenian employers.

  17. Virtual Team and Trust Relationship: Focus Group Interviews in Multimedia Super Corridor Status Companies

    Directory of Open Access Journals (Sweden)

    Norizah Aripin

    2011-12-01

    Full Text Available This paper aims to discuss the trust relationship in virtual teams in Multimedia Super Corridor (MSC status companies. The study used qualitative method that is phenomenology approach through focus group interviews. In-depth interview were also used with semi-structured and openended questions. The interviews involved six staffs at different position in virtual team (two team leaders, and four team members. The interviews were recorded, transcribed and analyzed according to the thematic analysis. Results showed that dimensions on virtual team trust relationship including interpersonal communication, personality, team members size, face-to-face meeting needs, safety information when discussing face-to-face in public places, and difficulty to recall interaction via video conferencing with other team members.

  18. Do consumers really trust their doctors’ suggestions and drugs they prescribe? : the relationship between perceived risk and trust in consumer buying decisions on prescription drugs, and how pharmaceutical companies can improve consumer’s trust through marketing activities in China

    OpenAIRE

    Jin, Meina

    2016-01-01

    This thesis examines how perceived risk and trust affect consumer’s buying decisions during the process of buying and consuming prescription drugs, and investigates how pharmaceutical companies can improve consumer’s trust by strategically designing and performing their marketing activities in the Chinese pharmaceutical market. Previous literature has generally introduced the overview of consumer buying process and the two important factors that may influence the buying decisions: percei...

  19. The importance of trust and collaboration between companies to mitigate the bullwhip effect in supply chain management

    Directory of Open Access Journals (Sweden)

    Marly Mizue Kaibara de Almeida

    2017-05-01

    Full Text Available The aim of the paper is to develop a theoretical construct about the mitigation of the bullwhip effect, considering trust and collaboration in managing the supply chain. The study presents a qualitative research based on the systematic literature review, which is tested through field research, involving companies in the medical and hospital area belonging to the same supply chain. The bullwhip effect has been observed throughout the industry for many years. Several academic studies have assigned to operating causes the reason for its occurrence. Few studies have focused behavioral causes. Through this study, it appears that affective trust (honesty, mutual understanding, credibility, respect and compliance and trust in the competence (knowledge/technique, commitment in the relationship are both necessary for keeping the relationship, but without affective trust, the relationship does not develop. Moreover, an organizational culture based on trust and collaboration exchange, and knowledge related to processes and technology among businesses, contributing to the joint planning and collaboration in the information sharing occurs. Thus, aspects of behavior toward partners of supply chain companies can mitigate the operational causes of the bullwhip effect by improving information and knowledge sharing, demand forecasting, replenishment policy, and reducing the risk coordination among the chain participants.

  20. Depository Libraries and Public Services.

    Science.gov (United States)

    Kessler, Ridley

    1998-01-01

    Discusses the Wright State University (Ohio) Library policy directive on customer service, and suggests this document as a model to follow in setting up service standards or guidelines for depository-library services. Draft-depository library public-service guidelines for government information in electronic format are appended. (JAK)

  1. SATISFACTION, TRUST AND COMMITMENT AS DIMENSIONS OF LOYALTY IN REAL ESTATE COMPANIES

    Directory of Open Access Journals (Sweden)

    Florin-Alexandru LUCA

    2016-07-01

    Full Text Available Relationship marketing activities are assessed in the end according to the profitability obtained by the company. However, the calculation of the obtained profit includes a lot of variables which are not related to the marketing activities. In these circumstances, it is more appropriate to perform the assessment of the results of the marketing activities at a more concrete level, by studying their possible determining factors. Some of the most important factors that determine customer loyalty are: Satifaction, Trust and Commitment.This article has two parts : a qualitative research stage and a quantitative research The stage of qualitative research consists of analyzing the research literature from this domain, which highlights the dimensions of Loyalty Construct, relevant for the real estate field. The stage of quantitative research aims at testing the proportion of content validity for the most commonly used variables in the real estate field of practice. The results describe an estimation of the dimensions of the Loyalty Construct for the case of real estate services.

  2. SATISFACTION, TRUST AND COMMITMENT AS DIMENSIONS OF LOYALTY IN REAL ESTATE COMPANIES

    Directory of Open Access Journals (Sweden)

    Florin-Alexandru LUCA

    2016-07-01

    Full Text Available Relationship marketing activities are assessed in the end according to the profitability obtained by the company. However, the calculation of the obtained profit includes a lot of variables which are not related to the marketing activities. In these circumstances, it is more appropriate to perform the assessment of the results of the marketing activities at a more concrete level, by studying their possible determining factors. Some of the most important factors that determine customer loyalty are: Satifaction, Trust and Commitment.This article has two parts : a qualitative research stage and a quantitative research The stage of qualitative research consists of analyzing the research literature from this domain, which highlights the dimensions of Loyalty Construct, relevant for the real estate field. The stage of quantitative research aims at testing the proportion of content validity for the most commonly used variables in the real estate field of practice. The results describe an estimation of the dimensions of the Loyalty Construct for the case of real estate services.

  3. 75 FR 51169 - OTS Minority Depository Institutions Advisory Committee

    Science.gov (United States)

    2010-08-18

    ... Office of Thrift Supervision OTS Minority Depository Institutions Advisory Committee AGENCY: Department... Minority Depository Institutions Advisory Committee will renew for a two-year period beginning August 2... Depository Institutions Advisory Committee (MDIAC). The purpose of the OTS Minority Depository...

  4. The Importance of Trust and Networking in the Learning Process of Polish Companies

    DEFF Research Database (Denmark)

    Lorentzen, Anne

    2002-01-01

    Innovation, learning and competitiveness are positively loaded concepts, which are in focus in today?s research on enterprise development. The paper shows that this challenge also faces companies in Central and Eastern Europe.......Innovation, learning and competitiveness are positively loaded concepts, which are in focus in today?s research on enterprise development. The paper shows that this challenge also faces companies in Central and Eastern Europe....

  5. Federal Depository Libraries and Librarianship.

    Science.gov (United States)

    Illinois Libraries, 1986

    1986-01-01

    Reports results of 1985 survey of federal depository libraries in Illinois, including the arrangement of collections and bibliographic access, acquisitions and weeding, services and equipment, library and librarian cooperation, documents staff, State Plan and State Plan Coordinating Council, online systems and access to government documents, and…

  6. 76 FR 71438 - Minority Depository Institutions Advisory Committee

    Science.gov (United States)

    2011-11-17

    ... Office of the Comptroller of the Currency Minority Depository Institutions Advisory Committee AGENCY... Minority Depository Institutions Advisory Committee (MDIAC or Committee) formerly administered by the... preserve the present number of minority depository institutions and encourage the creation of new...

  7. Challenges and Strategies of Trust Companies in Pan Asset Management Period%泛资管时代信托公司的挑战与对策

    Institute of Scientific and Technical Information of China (English)

    王瑞君

    2014-01-01

    在“分业经营、分业监管”的金融体制下,信托公司经过短短几年的高速发展就成为仅次于银行的第二大金融部门。但是伴随资管新政的出台,信托公司将会失去垄断经营权,面临其他金融机构的激烈竞争。本文通过分析泛资产管理市场的发展现状、存在的问题以及信托公司所面临的挑战,提出相关对策建议。%Under the financial system of the“separate operation, separate supervision”, trust companies rank the second biggest financial sector in a few years’ rapid development after banks. But with the promulgation of the new policy on asset management, trust companies will lose its monopoly and face intense competition from other financial institutions. The paper analyzes the develop-ment situation and problem of the pan asset management market, explores the challenges of the trust companies, and proposes integrat-ed strategies of trust companies.

  8. Design and Implementation of Corporate Actions on a Decentralized Securities Depository

    OpenAIRE

    Hedin, Jonas

    2017-01-01

    Trading securities is a process that requires multiple trusted intermediaries to ensure that the trade is done correctly. The securities industry is therefore very slow and expensive; the central securities depository (CSD) being one of the main contributors to the disruption. In an effort to fix this, financial institutions has recently started looking into the blockchain technology; the innovation behind the cryptocurrency Bitcoin. Bitcoin is a digital currency that can be traded peer-to-pe...

  9. 77 FR 51589 - ReconTrust Company, N.A., et al.; Notice of Application and Temporary Order

    Science.gov (United States)

    2012-08-24

    ... Commission, 100 F Street NE., Washington, DC 20549-1090. Applicants, ReconTrust, 1800 Tapo Canyon Road, Simi Valley, CA 93063; BofA Advisors, BofA Distributors and BACA, 100 Federal Street, Boston, MA 02110;...

  10. A Study of the Measure of Trust Companies'Information Disclosure and Affecting Factors%我国信托公司信息披露测度与影响因素实证研究

    Institute of Scientific and Technical Information of China (English)

    王淑慧; 马秀玉

    2014-01-01

    According to information asymmetry theory ,signaling theory and Interim Measures on the Information Disclosure Management of Trust and Investment Company ,we constructed an evaluation sys-tem of information disclosure .The evaluation system listed risk control information separately to show the high risk features of trust companies ,and also the evaluation system added some information of product market and social responsibility based on the features of trust companies .Regression results show that the quality of trust companies'information disclosure is not high generally .The larger the size of trust compa-ny is ,the higher the quality of information disclosure will be .Trust project is an important factor to affect the trust companies'information disclosure quality .%依据信息不对称、信号传递理论与《信托投资公司信息披露管理暂行办法》,首次构建我国信托公司信息披露质量评价体系;对信息披露内容进行改进,单独列示信托公司风险控制机制信息,突出信托公司的高风险特性;根据信托公司产品特征,增加产品市场信息和社会责任信息。通过总体与分组回归分析,研究信息披露质量的影响因素,研究表明,信托公司信息披露质量总体不高;公司规模越大,则信息披露质量越高;信托项目是影响信托公司信息披露质量的重要因素。

  11. 78 FR 59425 - Minority Depository Institutions Advisory Committee Meeting

    Science.gov (United States)

    2013-09-26

    ... Office of the Comptroller of the Currency Minority Depository Institutions Advisory Committee Meeting... meeting of the Minority Depository Institutions Advisory Committee (MDIAC). DATES: A public meeting of the...., Washington, DC 20219. Agenda items include a discussion of the status of the minority depository...

  12. 78 FR 79076 - Minority Depository Institutions Advisory Committee; Meeting

    Science.gov (United States)

    2013-12-27

    ... Office of the Comptroller of the Currency Minority Depository Institutions Advisory Committee; Meeting... meeting of the Minority Depository Institutions Advisory Committee (MDIAC). DATES: The OCC MDIAC will hold... the minority depository institution industry and current topics of interest to the industry....

  13. 78 FR 5871 - Minority Depository Institutions Advisory Committee

    Science.gov (United States)

    2013-01-28

    ... Office of the Comptroller of the Currency Minority Depository Institutions Advisory Committee AGENCY... Minority Depository Institutions Advisory Committee (MDIAC). DATES: A public meeting of the MDIAC will be... status of the minority depository institution industry and current topics of interest to the...

  14. 12 CFR 204.123 - Sale of Federal funds by investment companies or trusts in which the entire beneficial interest...

    Science.gov (United States)

    2010-01-01

    ... management investment companies provided the funds' investment portfolios are limited to the types of... thrifts. This is consistent with Congressional intent to provide thrifts with convenient liquidity...

  15. "State Plans": Their Development and Potential for Regional Depository Libraries Participating in the GPO Depository Program.

    Science.gov (United States)

    Faull, Sandra K.

    1985-01-01

    Describes the development and current status of state plans that address depository departments in regional libraries. The effectiveness of existing programs is assessed, and suggestions for improvements are offered. (CLB)

  16. 77 FR 21846 - Reserve Requirements of Depository Institutions: Reserves Simplification

    Science.gov (United States)

    2012-04-12

    ... liabilities of depository institutions for the purpose of implementing monetary policy. The Board's Regulation... monetary policy. If the Federal Reserve changes its monetary policy framework, which includes the payment... affect the Federal Reserve's ability to implement monetary policy in the event that all depository...

  17. 77 FR 66361 - Reserve Requirements of Depository Institutions: Reserves Simplification

    Science.gov (United States)

    2012-11-05

    ... AD 83 Reserve Requirements of Depository Institutions: Reserves Simplification AGENCY: Board of... Regulation D (Reserve Requirements of Depository Institutions) published in the Federal Register on April 12... simplifications related to the administration of reserve requirements: 1. Create a common two-week...

  18. Depository libraries in the 21st Century: recasting the ILO programme

    OpenAIRE

    Niimi, Keiko; Furer-Benedetti, Michèle; Corpataux, Yves

    2016-01-01

    Institutions established depository library programmes to ensure universal access to specified documentation. Access to depository materials has traditionally been physical, requiring publishing, dispatching, cataloguing and shelving of documents. With the global shift from print to online availability of material, institutions are questioning whether their depository library programmes have become redundant. Are depository schemes anachronistic when the public can access documents directly v...

  19. Trust repertoires for collaboration

    DEFF Research Database (Denmark)

    Fuglsang, Lars

    This case study analyses the role of trust in a public private innovation network that involved a private consultancy company as a facilitator. We know that collaboration is a important for innovation, and that collaboration across organizational boundaries is not a trivial issue. But we know very...... little about how such processes develop and how trust, understood as “confident positive expectations” (Lewicki et al. 1998) to collaborative activities, arises out of collaboration. The paper contributes by showing how trust and collaboration are intertwined. The main finding is that a facilitator can...

  20. 12 CFR 204.136 - Treatment of trust overdrafts for reserve requirement reporting purposes.

    Science.gov (United States)

    2010-01-01

    ... requirement reporting purposes. 204.136 Section 204.136 Banks and Banking FEDERAL RESERVE SYSTEM BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM RESERVE REQUIREMENTS OF DEPOSITORY INSTITUTIONS (REGULATION D) Interpretations § 204.136 Treatment of trust overdrafts for reserve requirement reporting purposes. (a)...

  1. Integrating Decentralized Indoor Evacuation with Information Depositories in the Field

    Directory of Open Access Journals (Sweden)

    Haifeng Zhao

    2017-07-01

    Full Text Available The lonelier evacuees find themselves, the riskier become their wayfinding decisions. This research supports single evacuees in a dynamically changing environment with risk-aware guidance. It deploys the concept of decentralized evacuation, where evacuees are guided by smartphones acquiring environmental knowledge and risk information via exploration and knowledge sharing by peer-to-peer communication. Peer-to-peer communication, however, relies on the chance that people come into communication range with each other. This chance can be low. To bridge between people being not at the same time at the same places, this paper suggests information depositories at strategic locations to improve information sharing. Information depositories collect the knowledge acquired by the smartphones of evacuees passing by, maintain this information, and convey it to other passing-by evacuees. Multi-agent simulation implementing these depositories in an indoor environment shows that integrating depositories improves evacuation performance: It enhances the risk awareness and consequently increases the chance that people survive and reduces their evacuation time. For evacuating dynamic events, deploying depositories at staircases has been shown more effective than deploying them in corridors.

  2. 77 FR 58381 - Depository Library Council to the Public Printer; Meeting

    Science.gov (United States)

    2012-09-20

    ... Depository Library Council to the Public Printer; Meeting The Depository Library Council to the Public... of this meeting is to discuss the Federal Depository Library Program. All sessions are open to the public. The sleeping rooms available at the Doubletree Hotel will be at the Government rate of $...

  3. 75 FR 18209 - Depository Library Council to the Public Printer; Meeting

    Science.gov (United States)

    2010-04-09

    ... Depository Library Council to the Public Printer; Meeting The Depository Library Council to the Public... Street, Buffalo, New York. The purpose of this meeting is to discuss the Federal Depository Library Program. All sessions are open to the public. The sleeping rooms available at the Adam's Mark,...

  4. 78 FR 56706 - Depository Library Council to the Public Printer; Meeting

    Science.gov (United States)

    2013-09-13

    ... Depository Library Council to the Public Printer; Meeting The Depository Library Council to the Public... discuss the Federal Depository Library Program. All sessions are open to the public. The United States... Disabilities Act and meets all Fire Safety Act regulations. Davita Vance-Cooks, Public Printer of the...

  5. 75 FR 61760 - Depository Library Council to the Public Printer; Meeting

    Science.gov (United States)

    2010-10-06

    ... Depository Library Council to the Public Printer; Meeting The Depository Library Council to the Public... Navy Drive, Arlington, VA. The purpose of this meeting is to discuss the Federal Depository Library Program. All sessions are open to the public. The sleeping rooms available at the Doubletree Hotel will...

  6. 76 FR 13617 - Depository Library Council to the Public Printer Meeting

    Science.gov (United States)

    2011-03-14

    ... Depository Library Council to the Public Printer Meeting The Depository Library Council to the Public Printer... Depository Library Program. All sessions are open to the public. The sleeping rooms available at the Crowne... Safety Act regulations. William J. Boarman, Public Printer of the United States. BILLING CODE 1520-01-P...

  7. 76 FR 58005 - Meeting Notice; Depository Library Council to the Public Printer

    Science.gov (United States)

    2011-09-19

    ... Meeting Notice; Depository Library Council to the Public Printer The Depository Library Council to the Public Printer (DLC) will meet on Monday, October 17, through Thursday, October 20, 2011, from 8 a.m. to..., to discuss the Federal Depository Library Program. All sessions are open to the public. The...

  8. Federal Depository Program at the Crossroads: The Library Administrator's Perspective.

    Science.gov (United States)

    Heisser, David C. R.

    1999-01-01

    This study examined libraries' commitment to the Federal Depository Library Program and how they are coping with changing information formats (mostly electronic) and public service demands, from the perspective of senior administrators responsible for allocating resources and setting service priorities. (Author/LRW)

  9. Open Government, Closed Stacks: Onsite Storage of Depository Materials.

    Science.gov (United States)

    Quinn, Aimee C.; Haslam, Michaelyn

    1998-01-01

    Examines the use of automated storage and retrieval systems in industry and in libraries. Highlights include intellectual content; and a system being built for the University of Nevada Las Vegas that takes into account selection criteria, limited stack space, and storage of federal depository materials. (LRW)

  10. U.S. Depository Library Council Electronic Transition Report.

    Science.gov (United States)

    Farrell, Maggie

    2000-01-01

    Examines the Government Printing Office's (GPO's) progress on its transition to a more electronic Federal Depository Library Program (FDLP). Encourages GPO to expand its services and training beyond the FDLP, and to review and consolidate online bibliographic tools to be more intuitive and functional. (Author/LRW)

  11. 77 FR 65773 - Reserve Requirements of Depository Institutions

    Science.gov (United States)

    2012-10-31

    ..., as prescribed by Board regulations, for the purpose of implementing monetary policy. Section 11(a)(2... liabilities and assets from depository institutions to enable the Board to conduct monetary policy. The Board... Monetary Affairs; for users of Telecommunications Device for the Deaf (TDD) only, contact (202/263- 4869...

  12. 75 FR 65563 - Reserve Requirements of Depository Institutions

    Science.gov (United States)

    2010-10-26

    ... by Board regulations, for the purpose of implementing monetary policy. Section 11(a)(2) of the... assets from depository institutions to enable the Board to conduct monetary policy. The Board's actions... Division, or Mary-Frances Styczynski, Financial Analyst (202/452-33033), Division of Monetary Affairs; for...

  13. 78 FR 66249 - Reserve Requirements of Depository Institutions

    Science.gov (United States)

    2013-11-05

    ... time deposits, as prescribed by Board regulations, for the purpose of implementing monetary policy... of liabilities and assets from depository institutions to enable the Board to conduct monetary policy..., Division of Monetary Affairs; for users of Telecommunications Device for the Deaf (TDD) only, contact (202...

  14. 76 FR 68064 - Reserve Requirements of Depository Institutions

    Science.gov (United States)

    2011-11-03

    ... time deposits, as prescribed by Board regulations, for the purpose of implementing monetary policy... of liabilities and assets from depository institutions to enable the Board to conduct monetary policy... of Monetary Affairs; for users of Telecommunications Device for the Deaf (TDD) only, contact (202...

  15. 14 CFR 1201.401 - Special document depositories.

    Science.gov (United States)

    2010-01-01

    ... provides the National Technical Information Service (NTIS), U.S. Department of Commerce, 5285 Port Royal... to provide availability to the public. These documents may be reproduced by NTIS and sold at prices established by NTIS. NASA also uses the regional depository libraries established through the...

  16. Electronic Government Information and the Depository Library Program: Paradise Found?

    Science.gov (United States)

    Dugan, Robert E.; Cheverie, Joan F.

    1992-01-01

    The trend in the 1980s to provide an increasingly larger amounts of government information in electronic formats has led to concerns regarding the inclusion of electronic items in the depository library program (DLP). Inclusion of electronic formats in the DLP provides increased public access but also poses technical problems for the depository…

  17. 76 FR 709 - Electronic Funds Transfer of Depository Taxes; Correction

    Science.gov (United States)

    2011-01-06

    ... Internal Revenue Service 26 CFR Parts 40 and 301 RIN 1545-BJ13 Electronic Funds Transfer of Depository... deposits (FTDs) by Electronic Funds Transfer (EFT). The temporary and final regulations provide rules under...)-3 0 Par. 2. Section 40.6302(c)-3, paragraph (c) is amended by removing the language in the third...

  18. Rethinking trust.

    Science.gov (United States)

    Kramer, Roderick M

    2009-06-01

    Will we ever learn? We'd barely recovered from Enron and WorldCom before we faced the subprime mortgage meltdown and more scandals that shook our trust in businesspeople. Which raises the question: Do we trust too much? In this article, Stanford professor and social psychologist Kramer explores the reasons we trust so easily--and, often, so unwisely. He explains that genetics and childhood learning make us predisposed to trust and that it's been a good survival mechanism. That said, our willingness to trust makes us vulnerable. Our sense of trust kicks in on remarkably simple cues, such as when people look like us or are part of our social group. We also rely on third parties to verify the character of others, sometimes to our detriment (as the victims of Bernard Madoff learned). Add in our illusions of invulnerability and our tendencies to see what we want to see and to overestimate our own judgment, and the bottom line is that we're often easily fooled. We need to develop tempered trust. For those who trust too much, that means reading cues better; for the distrustful, it means developing more receptive behaviors. Everyone should start with small acts of trust that encourage reciprocity and build up. Having a hedge against potential abuses also helps. Hollywood scriptwriters, for instance, register their treatments with the Writers Guild of America to prevent their ideas from being stolen by the executives they pitch. To attract the right relationships, people must strongly signal their own honesty, proactively allay concerns, and, if their trust is abused, retaliate. Trusting individuals in certain roles, which essentially means trusting the system that selects and trains them, also works but isn't foolproof. And don't count on due diligence alone for protection; constant vigilance is needed to make sure the landscape hasn't changed.

  19. Trusted computing strengthens cloud authentication.

    Science.gov (United States)

    Ghazizadeh, Eghbal; Zamani, Mazdak; Ab Manan, Jamalul-lail; Alizadeh, Mojtaba

    2014-01-01

    Cloud computing is a new generation of technology which is designed to provide the commercial necessities, solve the IT management issues, and run the appropriate applications. Another entry on the list of cloud functions which has been handled internally is Identity Access Management (IAM). Companies encounter IAM as security challenges while adopting more technologies became apparent. Trust Multi-tenancy and trusted computing based on a Trusted Platform Module (TPM) are great technologies for solving the trust and security concerns in the cloud identity environment. Single sign-on (SSO) and OpenID have been released to solve security and privacy problems for cloud identity. This paper proposes the use of trusted computing, Federated Identity Management, and OpenID Web SSO to solve identity theft in the cloud. Besides, this proposed model has been simulated in .Net environment. Security analyzing, simulation, and BLP confidential model are three ways to evaluate and analyze our proposed model.

  20. Organizational trust or beyond appearances

    Directory of Open Access Journals (Sweden)

    Maria Dromereschi

    2010-12-01

    Full Text Available People and organizations to whom I am giving life to have an enormous need to trust and be trustworthy. Trust represents a fragile asset who needs to be invested in, which is difficult to obtain and takes time to obtain it, but which can be easily broken. Paradoxically, it is a universal trade currency, world-widely understood and appreciated. The relations based on trust are those which determine a company to grow and create a competitive advantage. Trust generates trust. It is the one that inspires and motivates, requires the preservation of a certain set of values, mainly sincerity, fairness, perseverance and a real preoccupation for meeting the needs of other people.

  1. Trusted Computing Strengthens Cloud Authentication

    Directory of Open Access Journals (Sweden)

    Eghbal Ghazizadeh

    2014-01-01

    Full Text Available Cloud computing is a new generation of technology which is designed to provide the commercial necessities, solve the IT management issues, and run the appropriate applications. Another entry on the list of cloud functions which has been handled internally is Identity Access Management (IAM. Companies encounter IAM as security challenges while adopting more technologies became apparent. Trust Multi-tenancy and trusted computing based on a Trusted Platform Module (TPM are great technologies for solving the trust and security concerns in the cloud identity environment. Single sign-on (SSO and OpenID have been released to solve security and privacy problems for cloud identity. This paper proposes the use of trusted computing, Federated Identity Management, and OpenID Web SSO to solve identity theft in the cloud. Besides, this proposed model has been simulated in .Net environment. Security analyzing, simulation, and BLP confidential model are three ways to evaluate and analyze our proposed model.

  2. The GPO and the Depository Library Program as Structured Are Needed: Views of a Selective Depository Librarian.

    Science.gov (United States)

    Walshak, Lynn G.

    1998-01-01

    Addresses perceived problems of the Federal Depository Library Program (FDLP) and the Government Printing Office (GPO) relative to a foundering program, electronic capabilities, costs to participating libraries, inefficient service, and accountability requirements. Unfavorable images have resulted and have been used by advocacy groups to bring the…

  3. 12 CFR 583.6 - Company.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 5 2010-01-01 2010-01-01 false Company. 583.6 Section 583.6 Banks and Banking... AND LOAN HOLDING COMPANIES § 583.6 Company. The term company means any corporation, partnership, trust, joint-stock company, or similar organization, but does not include: (a) The Federal Deposit...

  4. Trust matters

    DEFF Research Database (Denmark)

    Østergaard, Lise Rosendal

    2015-01-01

    of this article trust is defined as a voluntary course of action, which involves the optimistic expectation that the trustee will do no harm to the trustor and is increasingly perceived as an important influence on health system functioning. The article looks at trust issues in interpersonal, intergroup...... and institutional situations. The findings of the review point to four elements that are important for trust to develop in health sector relationships: the sensitive use of discretionary power by health workers, perceived empathy by patients of the health workers, the quality of medical care and workplace...

  5. Depository Accounting of Securities in the Ukrainian Stock Market Regulation System

    Directory of Open Access Journals (Sweden)

    Veriha Hanna V.

    2016-02-01

    Full Text Available The aim of the article is to study the procedures, technologies, prudential regulation of depository accounting of securities in the system of the Ukrainian stock market infrastructure and identify directions of its improvement. The article analyzes the dynamics of the number of licenses issued by types of professional activity in the stock market. The necessity for further improvement of mechanisms of the updated system of depository accounting of securities in Ukraine has been proved. There have been developed the following recommendations: to improve the unified rules of accounting and regulation support of the system of risk management of depository activity; develop tools for prudential regulation of depository activity and strengthen the control over fulfillment of prudential standards by the Central Depository and depository institutions; create the necessary conditions for the practical implementation of legal norms concerning establishment of clearing institutions and increase in the level of competition between depositaries; expand the correspondent relations of the Central Depository in relation to the establishment of international depositary relations for the liberalization of the international movement of securities; use segregated accounts providing the possibility of storage of client funds separately from the funds of the transfer bank to protect the capital of the issuer and investor from risks of any force majeure situations; mediate the movement of funds at implementing dividend payments through participants of the accounting system: issuer-the Central Depository-depository institution-depositor.

  6. Can we trust robots?

    NARCIS (Netherlands)

    Coeckelbergh, Mark

    2011-01-01

    Can we trust robots? Responding to the literature on trust and e-trust, this paper asks if the question of trust is applicable to robots, discusses different approaches to trust, and analyses some preconditions for trust. In the course of the paper a phenomenological-social approach to trust is arti

  7. 26 CFR 1.851-7 - Certain unit investment trusts.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 9 2010-04-01 2010-04-01 false Certain unit investment trusts. 1.851-7 Section... (CONTINUED) INCOME TAXES Regulated Investment Companies and Real Estate Investment Trusts § 1.851-7 Certain unit investment trusts. (a) In general. For purposes of the Internal Revenue Code, a unit...

  8. Trust enhances IT service management.

    Science.gov (United States)

    2007-08-01

    ITIL process adoption may be a prerequisite for the National Programme for IT (NPfIT), but implementation is far from straightforward. IT services company Plan-Net has been assisting Barts and The London NHS Trust with implementing its ambitious ITIL processes deployment.

  9. 12 CFR 552.2-6 - Conversion from stock form depository institution to Federal stock association.

    Science.gov (United States)

    2010-01-01

    ..., the term “depository institution” shall have the meaning set forth at 12 CFR 552.13(b). An application... 12 Banks and Banking 5 2010-01-01 2010-01-01 false Conversion from stock form depository institution to Federal stock association. 552.2-6 Section 552.2-6 Banks and Banking OFFICE OF...

  10. 12 CFR 204.126 - Depository institution participation in “Federal funds” market.

    Science.gov (United States)

    2010-01-01

    ...Federal fundsâ market. 204.126 Section 204.126 Banks and Banking FEDERAL RESERVE SYSTEM BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM RESERVE REQUIREMENTS OF DEPOSITORY INSTITUTIONS (REGULATION D... requirement, a depository institution that purchases Federal funds should ascertain the character...

  11. Personal trust increases cooperation beyond general trust

    National Research Council Canada - National Science Library

    Acedo-Carmona, Cristina; Gomila, Antoni

    2014-01-01

    ..., according to whether or not players personally trust each other. The design thus goes beyond standard approaches to the role of trust in fostering cooperation, which is restricted to general trust...

  12. Trust-distrust Balance

    DEFF Research Database (Denmark)

    Jukka, Minna; Blomqvist, Kirsimarja; Li, Peter Ping

    2017-01-01

    as the effects of industry, market position, and position in the supply chain. Practical implications - The findings of this study bring a valuable understanding of the potential pitfalls and unique challenges in cross-border inter-firm transactions. These can enhance inter-firm trust building in a cross-cultural......Purpose - The purpose of this paper is to explore how Chinese and Finnish managers in cross-cultural supply-chain relationships evaluate their business partners' trustworthiness and distrustworthiness. Design/methodology/approach - Representatives of two Finnish companies and their Chinese...

  13. Trust Ownership of the Tata Group

    DEFF Research Database (Denmark)

    Thomsen, Steen

    The Indian Tata Group is one of the largest and most admired business groups in the world. It has 28 listed subsidiaries and more than 80 operating businesses. It has shown strong financial performance and social responsibility for decades. Interestingly, it has a unique ownership structure......: the main holding company Tata Sons Limited is majority-owned by charitable trusts. We examine the governance of this remarkable entity. The Trusts own 66% of Tata Sons, the main holding company of the Group, while members of the founding Tata family are very small minority shareholders. The governance...... structure is characterized by managerial distance between trusts and Group companies. The Trusts are almost exclusively concerned with philanthropy, and according to the Articles of Association of Tata Sons Limited, their governance role is limited to nominating two members to the Selection Committee which...

  14. Trusted Domain

    DEFF Research Database (Denmark)

    Hjorth, Theis Solberg; Torbensen, Rune

    2012-01-01

    that enables secure end-to-end communication with home automation devices, and it supports device revocations as well as a structure of intersecting sets of nodes for scalability. Devices in the Trusted Domain are registered in a list that is distributed using a robust epidemic protocol optimized...

  15. How Consumer Trust in Financial Institutions Influences Relationships Between Knowledge, Cognitive Effort and Financial Healthiness

    DEFF Research Database (Denmark)

    Hansen, Torben

    2014-01-01

    Trust not only relates to customer trust in individual financial companies (i.e., narrow-scope trust) but also relates to the broader business context in which consumers carry out their financial decisions (i.e., broad-scope trust). Based on two surveys comprising 1,155 bank consumers and 764...

  16. 76 FR 37857 - Russell Exchange Traded Funds Trust, et al.; Notice of Application

    Science.gov (United States)

    2011-06-28

    ... COMMISSION Russell Exchange Traded Funds Trust, et al.; Notice of Application June 22, 2011. AGENCY... the Act for an exemption from sections 12(d)(1)(A) and (B) of the Act. APPLICANTS: Russell Exchange Traded Funds Trust (formerly, U.S. One Trust, the ``Trust''), Russell Investment Management Company...

  17. Trusted Objects

    Energy Technology Data Exchange (ETDEWEB)

    CAMPBELL,PHILIP L.; PIERSON,LYNDON G.; WITZKE,EDWARD L.

    1999-10-27

    In the world of computers a trusted object is a collection of possibly-sensitive data and programs that can be allowed to reside and execute on a computer, even on an adversary's machine. Beyond the scope of one computer we believe that network-based agents in high-consequence and highly reliable applications will depend on this approach, and that the basis for such objects is what we call ''faithful execution.''

  18. 78 FR 23793 - Fidelity Merrimack Street Trust, et al.; Notice of Application

    Science.gov (United States)

    2013-04-22

    ... of security in its primary market. \\12\\ A TBA Transaction is a method of trading mortgage-backed... Trust (the ``Trust''), Fidelity Management & Research Company (the ``Adviser'') and Fidelity... (``Shares'') redeemable in large aggregations only (``Creation Units''); (b) secondary market...

  19. 12 CFR 225.86 - What activities are permissible for any financial holding company?

    Science.gov (United States)

    2010-01-01

    ..., 84 Federal Reserve Bulletin 680 (1998)); (ii) Owning shares of a securities exchange (J.P. Morgan... depository institutions and their affiliates for use in the ordinary course of business (Norwest Corporation... exclusive. (A) Hosting an electronic marketplace on the financial holding company's Internet web site...

  20. Learning to Trust

    NARCIS (Netherlands)

    Nooteboom, B.

    2005-01-01

    Trust is full of puzzle and paradox.Trust is both rational and emotional. Trust can go beyond calculative self-interest, but has its limits.People may want to trust, while they may also feel threatened by it.If trust is not in place prior to a relationship, on the basis of institutions, prior experi

  1. Trusting the state, trusting each other?

    DEFF Research Database (Denmark)

    Sønderskov, Kim Mannemar; Dinesen, Peter Thisted

    2016-01-01

    Trust in state institutions is a prominent explanation of social trust. However, previous—mainly cross-sectional—analyses provide limited causal evidence regarding the relationship between institutional trust and social trust and it is thus essentially unknown whether an observed relationship...... reflects reverse causality (social trust forming institutional trust), or both forms of trust reflecting deep-seated dispositions (common confounding). Against the backdrop of the shortcomings of previous cross-sectional analyses, this paper utilizes two Danish panel surveys containing measures of both...... types of trust for the same individuals surveyed at multiple points in time over a long time-span (up to 18 years) to address the potentially reverse and/or spurious relationship. Using individual fixed effects and cross-lagged panel models, the results provide strong evidence of trust in state...

  2. Depository Library Collections and Services in an Electronic Age: A Review of the Literature.

    Science.gov (United States)

    Hernon, Peter

    1987-01-01

    This examination of the literature that discusses technological applications for the collections and services of depository libraries identifies areas treated in the literature and topics for further writing and research. (Author/CLB)

  3. Nonlibrary Partnerships: Acceptable Use (and Behavior) in the Web-based Depository.

    Science.gov (United States)

    Brinkerhoff, Kathie

    2000-01-01

    Discusses problems facing federal depository libraries regarding patron behavior when using Web sites. Topics include acceptable use policies; existing laws and enforcement offices; protecting library property; pornography, including child pornography; sexual harassment; and other forms of staff harassment. (LRW)

  4. THE ROLE OF TRUST AND PERCEIVED RISK IN ELECTRONIC COMMERCE

    Directory of Open Access Journals (Sweden)

    NICULA DANA LAURA

    2014-05-01

    Full Text Available Trust and risk are very important in consumers' electronic commerce purchasing decisions. How do trust and risk affect an Internet consumer's purchasing decision? To answer this question I’ve developed a theoretical framework describing the trust-based decision-making process a consumer uses when making a purchase from a given site. Consumer disposition to trust, reputation, privacy concerns, security concerns, the information quality of the Website, and the company's reputation, have strong effects on Internet consumers' trust in the Website.

  5. Depository Accounting of Securities in the Ukrainian Stock Market Regulation System

    OpenAIRE

    Veriha Hanna V.

    2016-01-01

    The aim of the article is to study the procedures, technologies, prudential regulation of depository accounting of securities in the system of the Ukrainian stock market infrastructure and identify directions of its improvement. The article analyzes the dynamics of the number of licenses issued by types of professional activity in the stock market. The necessity for further improvement of mechanisms of the updated system of depository accounting of securities in Ukraine has ...

  6. Trust in Co-sourced Software Development

    DEFF Research Database (Denmark)

    Schlichter, Bjarne Rerup; Persson, John Stouby

    2014-01-01

    . We present a case study of how the co-sourcing relationship between a certified CMMI-level 5 Danish software company and an offshoring supplier can be conceptualized as an Abstract System. An Abstract System is a dis-embedded social system (such as banking) that is trusted despite lack of detailed...... understanding or personal trust relations. The paper suggest how certain work practices among developers and managers can be explained using a dynamic trust lens based on Abstract Systems, especially dis- and re-embedding mechanisms....

  7. Architecture of Trusted PC

    Institute of Scientific and Technical Information of China (English)

    WU Shuhua; ZHU Yuefei

    2006-01-01

    This paper, focusing on the trusted computing group's standards, explained the key concept of trusted computing and provided the architecture of trusted PC. It built trust bottom-up by starting with trusted hardware and adding layers of trusted software. It is a system-level solution available to all applications running on the member platforms. This solution reduces the security burden on applications and thus simplifies application programming.

  8. The Interplay Between Consumer Knowledge, Cognitive Effort, Financial Healthiness And Trust In The Financial Marketplace

    DEFF Research Database (Denmark)

    Hansen, Torben

    pension consumers. The results indicate that broad-scope trust negatively moderates relationships between knowledge and financial healthiness and between cognitive effort and financial healthiness. In addition, it is demonstrated that broad-scope trust negatively influences cognitive effort. Specifically......-effort-behaviour relationship in consumer financial markets.......While trust has long been regarded as one of the most critical variables for developing and maintaining well-functioning financial customer-seller relationships it can be suggested that trust not only relates to customer trust in individual companies (narrow-scope trust). Trust also relates...

  9. Building Trust in High-Performing Teams

    Directory of Open Access Journals (Sweden)

    Aki Soudunsaari

    2012-06-01

    Full Text Available Facilitation of growth is more about good, trustworthy contacts than capital. Trust is a driving force for business creation, and to create a global business you need to build a team that is capable of meeting the challenge. Trust is a key factor in team building and a needed enabler for cooperation. In general, trust building is a slow process, but it can be accelerated with open interaction and good communication skills. The fast-growing and ever-changing nature of global business sets demands for cooperation and team building, especially for startup companies. Trust building needs personal knowledge and regular face-to-face interaction, but it also requires empathy, respect, and genuine listening. Trust increases communication, and rich and open communication is essential for the building of high-performing teams. Other building materials are a shared vision, clear roles and responsibilities, willingness for cooperation, and supporting and encouraging leadership. This study focuses on trust in high-performing teams. It asks whether it is possible to manage trust and which tools and operation models should be used to speed up the building of trust. In this article, preliminary results from the authors’ research are presented to highlight the importance of sharing critical information and having a high level of communication through constant interaction.

  10. Trust and Leadership

    DEFF Research Database (Denmark)

    Bordum, Anders

    2005-01-01

    The concept and phenomenon of trust and its relation to leadership has recently come into focus. What role does trust play? Can trust be created strategically? Questions like these are often raised. How we conceive of and conceptualize trust is not as often discussed. Among those conceptualizations...... flexibility of form for example, the idea that one with leadership tools can consciously bring forth trust. In the conclusion, the question about trust communication is addressed. In this section I argue that trust is positively value-laden, becausesincerity is a functional and pragmatic condition...

  11. Balancing Trust and Control

    DEFF Research Database (Denmark)

    Jagd, Søren

    This paper focuses on the leadership challenge of balancing trust and control. The relation between trust and control has for a long time been a puzzling issue for management researchers. In the paper I first show that there has been a dramatic change in the way the relation between trust...... and control has been conceptualized in trust research. While the relation between trust and control earlier was conceptualized as a more or less stable balance between trust and control, more recent research conceptualizes the relation between trust and control more as a dynamical process that involves...... an ongoing process of balancing the relation between trust and control. Second, taking the departure in the recent conceptualization of the balance between trust and control as an interactive process I discuss the challenges for management in handling this more subtle balancing of trust and control...

  12. Librarian-Initiated Publications Discovery: How Do Digital Depository Librarians Discover and Select Web-Based Government Publications for State Digital Depositories?

    Science.gov (United States)

    Lin, Chi-Shiou; Eschenfelder, Kristin R.

    2010-01-01

    This paper reports on a study of librarian initiated publications discovery (LIPD) in U.S. state digital depository programs using the OCLC Digital Archive to preserve web-based government publications for permanent public access. This paper describes a model of LIPD processes based on empirical investigations of four OCLC DA-based digital…

  13. Online trust building through third party trust transfer and third party protection

    Science.gov (United States)

    Wandoko, Wanda; Saleh Abbas, Bahtiar; Budiastuti, Dyah; Kosala, Raymond

    2017-03-01

    The primary objective of this research is to develop an online trust building mechanism for SME (Small Medium Enterprise). Trust is very important in e-commerce. The nature of online shopping has a greater uncertainty than offline shopping. Seeing as there is an uncertainty that can produce risks, a prospective buyer’s trust is needed. A lot of people’s unwillingness to shop online is caused by their lack of trust toward e-commerce. E-commerce is said to be one of the ways for SME to compete with bigger companies. However, building trust requires immense time and cost. SME with limited resources may experience difficulties in building trust just with their own resources. Base on literature research that needs to be validated in next research, we found that trust can be built through trust transfer from the reputable and well-known trust-mark issuer, and third party protection such as escrow account service and credit card issuer.

  14. 78 FR 46805 - Certain Transfers of Property to Regulated Investment Companies [RICs] and Real Estate Investment...

    Science.gov (United States)

    2013-08-02

    ... Companies and Real Estate Investment Trusts AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Final... to a Regulated Investment Company (RIC) or a Real Estate Investment Trust (REIT). These regulations... 851(a). (iv) REIT. The term REIT means a real estate investment trust within the meaning of section...

  15. 77 FR 36022 - Notice of Application; Precidian ETFs Trust, et al.

    Science.gov (United States)

    2012-06-15

    ... COMMISSION Notice of Application; Precidian ETFs Trust, et al. June 8, 2012. AGENCY: Securities and Exchange... Program (as defined below). \\1\\ Precidian ETFs Trust, Investment Company Act Release Nos. 29692 (June 9, 2011) (notice) and 29712 (July 1, 2011) (order). Applicants: Precidian ETFs Trust...

  16. 77 FR 35082 - Arrow Investment Advisers, LLC and Arrow Investments Trust; Notice of Application

    Science.gov (United States)

    2012-06-12

    ... COMMISSION Arrow Investment Advisers, LLC and Arrow Investments Trust; Notice of Application June 6, 2012... order under section 6(c) of the Investment Company Act of 1940 (``Act'') for an exemption from sections... Investment Advisers, LLC (``Arrow'') and Arrow Investments Trust (the ``Trust''). Summary of...

  17. Trust in Client-Vendor Relations

    DEFF Research Database (Denmark)

    Tøth, Thomas

    2014-01-01

    In an ever more globalized world we are faced with the challenges of collaborating across geographical distance. This article examines how trust is established in an offshore outsourcing engagement of IT operations between a leading Danish media company and an Indian IT-service provider. The find...

  18. 31 CFR 598.319 - U.S. financial institution.

    Science.gov (United States)

    2010-07-01

    ..., granting, transferring, holding, or brokering loans or credits, or purchasing or selling foreign exchange... depository institutions, banks, savings banks, trust companies, securities brokers and dealers, commodity... commodities exchanges, clearing corporations, investment companies, employee benefit plans, and U.S....

  19. Trust in Co-sourced Software Development

    DEFF Research Database (Denmark)

    Schlichter, Bjarne Rerup; Persson, John Stouby

    2014-01-01

    Software development projects are increasingly geographical distributed with offshoring. Co-sourcing is a highly integrative and cohesive approach, seen successful, to software development offshoring. However, research of how dynamic aspects of trust are shaped in co-sourcing activities is limited....... We present a case study of how the co-sourcing relationship between a certified CMMI-level 5 Danish software company and an offshoring supplier can be conceptualized as an Abstract System. An Abstract System is a dis-embedded social system (such as banking) that is trusted despite lack of detailed...... understanding or personal trust relations. The paper suggests how certain work practices among developers and managers can be explained using a dynamic trust lens based on Abstract Systems, especially dis- and re-embedding mechanisms...

  20. Calculativeness and trust

    DEFF Research Database (Denmark)

    Frederiksen, Morten

    2014-01-01

    Williamson’s characterisation of calculativeness as inimical to trust contradicts most sociological trust research. However, a similar argument is found within trust phenomenology. This paper re-investigates Williamson’s argument from the perspective of Løgstrup’s phenomenological theory of trust....... Contrary to Williamson, however, Løgstrup’s contention is that trust, not calculativeness, is the default attitude and only when suspicion is awoken does trust falter. The paper argues that while Williamson’s distinction between calculativeness and trust is supported by phenomenology, the analysis needs...... to take actual subjective experience into consideration. It points out that, first, Løgstrup places trust alongside calculativeness as a different mode of engaging in social interaction, rather conceiving of trust as a state or the outcome of a decision-making process. Secondly, the analysis must take...

  1. A Case Study of the Librarian-Initiated Publications Discovery Activities in State Level Digital Depositories in the United States

    Directory of Open Access Journals (Sweden)

    Chi-Shiou Lin

    2008-12-01

    Full Text Available This article describes the novel phenomenon of librarian-initiated publications discovery (LIPD in state-level digital depositories in the United States. LIPD is a series of actions taken by digital depository librarians to discover and inspect government Web sites and select Web content qualifying as government publications for inclusion in the state depositories. In a current popular model in which states employ OCLC Digital Archive™ for the depositories, the power of content selection has shifted from government agencies (content producers to digital depositories. This study systematically documented and compared the LIPD actions in four case states and developed a LIPD process model for descriptive and analytic purposes. It also discusses the impacts and challenges facing the changing practices in preserving government information as historical record. [Article content in Chinese

  2. Looking for Trust

    DEFF Research Database (Denmark)

    Bøge, Ask Risom; Lauritsen, Peter

    Trust and surveillance are often seen as opposites. Trust is regularly characterized as the glue that holds society together, while surveillance is seen as corrosive. However, in Scandinavia high levels of trust and surveillance coexist. It is therefore interesting to investigate if there is a co......Trust and surveillance are often seen as opposites. Trust is regularly characterized as the glue that holds society together, while surveillance is seen as corrosive. However, in Scandinavia high levels of trust and surveillance coexist. It is therefore interesting to investigate...

  3. Modeling Trusted Computing

    Institute of Scientific and Technical Information of China (English)

    CHEN Shuyi; WEN Yingyou; ZHAO Hong

    2006-01-01

    In this paper, a formal approach based on predicate logic is proposed for representing and reasoning of trusted computing models. Predicates are defined to represent the characteristics of the objects and the relationship among these objects in a trusted system according to trusted computing specifications. Inference rules of trusted relation are given too. With the semantics proposed, some trusted computing models are formalized and verified, which shows that Predicate calculus logic provides a general and effective method for modeling and reasoning trusted computing systems.

  4. Role of Trust Transfer in E-Commerce Acceptance

    Institute of Scientific and Technical Information of China (English)

    YANG Qing; HUANG Lihua; XU Yunjie

    2008-01-01

    Lack of trust is one of the most important obstructions to consumers' acceptance of e-commerce. With the increase of companies going online from offline, trust transfer has been found between offline presence and online presence. By applying the entitativity theories, this study empirically tested the trust transference from offline presence to online presence and addressed the underlying reasons through a questionnaire investigation on the customers of Lianhua supermarkets and Lianhua OK online supermarkets. Process integration was used as a useful means to promote this transfer process. For a click-and-mortar company such as Lianhua Group, its established offline trust is one of the major sources contributing to its initial online trust building. The results from this study suggest a new way to enhance e-commerce acceptance.

  5. How Consumer Trust in Financial Institutions Influences Relationships Between Knowledge, Cognitive Effort and Financial Healthiness

    DEFF Research Database (Denmark)

    Hansen, Torben

    2014-01-01

    Trust not only relates to customer trust in individual financial companies (i.e., narrow-scope trust) but also relates to the broader business context in which consumers carry out their financial decisions (i.e., broad-scope trust). Based on two surveys comprising 1,155 bank consumers and 764...... pension consumers, respectively, the results of this study indicate that broad-scope trust negatively moderates relations between knowledge and financial healthiness and between cognitive effort and financial healthiness. In addition, it is demonstrated that broad-scope trust negatively influences...... cognitive effort and positively influences financial healthiness....

  6. Trust and controlling

    OpenAIRE

    Bieńkowska Agnieszka; Zabłocka-Kluczka Anna

    2016-01-01

    The purpose of this study is to discuss the trust within and towards an organisation in the context of implementation of controlling therein. In this context the essence of trust and its importance in organisation management was presented, as well as trust in the contemporary management methods and concepts. Controlling as a trust-building factor inside an organisation was pointed out. Especially controlling and control were described. Moreover management by considering deviations in controll...

  7. Reliable Design Versus Trust

    Science.gov (United States)

    Berg, Melanie; LaBel, Kenneth A.

    2016-01-01

    This presentation focuses on reliability and trust for the users portion of the FPGA design flow. It is assumed that the manufacturer prior to hand-off to the user tests FPGA internal components. The objective is to present the challenges of creating reliable and trusted designs. The following will be addressed: What makes a design vulnerable to functional flaws (reliability) or attackers (trust)? What are the challenges for verifying a reliable design versus a trusted design?

  8. Trust and controlling

    OpenAIRE

    Bieńkowska Agnieszka; Zabłocka-Kluczka Anna

    2016-01-01

    The purpose of this study is to discuss the trust within and towards an organisation in the context of implementation of controlling therein. In this context the essence of trust and its importance in organisation management was presented, as well as trust in the contemporary management methods and concepts. Controlling as a trust-building factor inside an organisation was pointed out. Especially controlling and control were described. Moreover management by considering deviations in controll...

  9. Trust in Consumer Electronics

    Science.gov (United States)

    Kursawe, Klaus; Katzenbeisser, Stefan

    While Trusted Computing is getting increasing attention in the PC world, consumer electronics devices have limited benefit from the Trusted Computing solutions currently under development. In this paper we outline the different requirements of consumer electronics devices, when compared to the PC world, and point out the technical consequences for standards like the Trusted Computing Group. In addition, we will touch on economic aspects that may inhibit or support Trusted Computing in this domain.

  10. The productivity of trust

    DEFF Research Database (Denmark)

    Bjørnskov, Christian; Méon, Pierre-Guillaume

    This paper returns to one of the early questions of the literature on social trust, whether trust affects total factor productivity (TFP). Using both development and growth accounting, we find strong evidence of a causal effect of trust on the level and growth of TFP. Using a three-stage least......-squares procedure, we moreover observe that the effect of trust on TFP runs entirely through property-rights institutions and not political institutions. Those findings resist a series of robustness checks....

  11. 76 FR 20388 - Russell Investment Company, et al.; Notice of Application

    Science.gov (United States)

    2011-04-12

    ... COMMISSION Russell Investment Company, et al.; Notice of Application April 6, 2011. AGENCY: Securities and... the Act to invest in certain financial instruments. Applicants: Russell Investment Company and Russell Investment Funds (each a ``Trust and collectively the ``Trusts), Russell Investment Management Company...

  12. Trust Drives Internet Use

    DEFF Research Database (Denmark)

    Ljunge, Jan Martin

    This paper estimates the effect of trust on internet use by studying the general population as well as second generation immigrants in 29 European countries with ancestry in 87 nations. There is a significant positive effect of trust on internet use. The positive trust effect is not universal...

  13. Trust and Credit

    DEFF Research Database (Denmark)

    Harste, Gorm

    The present paper is an answer to the question, how did trust and credit emerge. The systems of trust and credit reduce the environmental and contextual complexities in which trust and credit are embedded. The paper analyses the forms of this reduction in a number of stages in the evolution...

  14. Trust Management V

    DEFF Research Database (Denmark)

    2011-01-01

    from 42 submissions. The papers feature both theoretical research and real-world case studies from academia, business and government focusing on areas such as: trust models, social and behavioral aspects of trust, trust in networks, mobile systems and cloud computation, privacy, reputation systems...

  15. Trust Drives Internet Use

    DEFF Research Database (Denmark)

    Ljunge, Jan Martin

    This paper estimates the effect of trust on internet use by studying the general population as well as second generation immigrants in 29 European countries with ancestry in 87 nations. There is a significant positive effect of trust on internet use. The positive trust effect is not universal...

  16. Trust Management V

    DEFF Research Database (Denmark)

    2011-01-01

    from 42 submissions. The papers feature both theoretical research and real-world case studies from academia, business and government focusing on areas such as: trust models, social and behavioral aspects of trust, trust in networks, mobile systems and cloud computation, privacy, reputation systems......, and identity management....

  17. The Process of Trust Development

    DEFF Research Database (Denmark)

    Jagd, Søren; Højland, Jeppe

    by high trust and co-operation? In this paper we explore the process of trust development during an organisational change project in a Danish SME by looking at two kinds of trust relations: employee trust in management and trust relations among employees. We find substantial differences in trust...

  18. Role clarity, perception of the organization and burnout amongst support workers in residential homes for people with intellectual disability: a comparison between a National Health Service trust and a charitable company.

    Science.gov (United States)

    Blumenthal, S; Lavender, T; Hewson, S

    1998-10-01

    Changes in roles and responsibilities brought about by community care and the reorganization of the UK National Health Service (NHS) have resulted in higher levels of stress and insecurity amongst residential nursing staff working with people with intellectual disability. In the light of these organizational changes, questions have arisen about the relationship between role clarity, perception of the organization and occupational stress. A number of studies have investigated these issues amongst staff working with people with intellectual disability, although there have been few investigations in the UK. The present study examines the relationship between these variables in the context of the differences between the employees of an NHS trust and a charitable organization. The present study involved constructing a measure of role clarity and perception of the organization, and the use of the Maslach Burnout Inventory (MBI). The results indicated that most support workers regarded their role as being clear and their levels of burnout to be comparable with UK nursing norms. Charity staff were more likely to view their organization positively and rated their emotional exhaustion as significantly lower than NHS trust staff. A within-service comparison of homes revealed differences amongst NHS trust and charity homes on sub-scales of the MBI. The results are discussed in the context of previous research and changes in working practices in the field.

  19. Is the Web Marketing Mix Sustainable in China? The Mediation Effect of Dynamic Trust

    Directory of Open Access Journals (Sweden)

    Yongrok Choi

    2015-10-01

    Full Text Available Trust plays an important role between companies and customers in the online shopping environment because of the anonymous transaction environment and the advantage of virtual property. The most rapidly developing trend in Chinese e-business may come from Guanxi, a Chinese term for social trust. In this study, we define Guanxi as the dynamic trust process in the social decisions or activities of the Chinese. With increasing global attention on the outstanding development of Chinese e-business, it would be worthwhile to analyze the dynamic trust process of social e-commerce customers in close combination with the social network. The statistical results obtained using structural equation modeling (SEM show the importance of trust in a social e-commerce context. The direct positive relationship between the components of the web marketing mix and purchase intention is partially mediated by initial trust and ongoing trust, while initial trust only partially affects purchase intention through ongoing trust.

  20. Savings in its sights for Somerset Trust.

    Science.gov (United States)

    Russell, Colin

    2011-10-01

    Colin Russell, healthcare specialist at Schneider Electric (pictured), explains how the company has recently worked with Taunton and Somerset NHS Foundation Trust to implement a major energy-saving project at the Trust's Musgrove Park Hospital in Taunton. He argues that, at a time when all areas of the service are being asked to reduce costs, such partnerships can potentially save the institution millions of pounds and significantly reduce carbon emissions, while "revitalising" parts of the NHS estate, and ensuring continuity of vital hospital services for facilities managers.

  1. Physical trust-based persistent authentication

    DEFF Research Database (Denmark)

    Fujita, Masahiro; Jensen, Christian D.; Arimura, Shiori

    2015-01-01

    Recently companies have applied two-factor user authentication. Persistent Authentication is one of the interesting authentication mechanisms to establish security and usability of two-factor authentication systems. However, there is room to improve its feasibility and usability. In this paper, we...... propose a new type of persistent authentication, called Persistent Authentication Based On physical Trust (PABOT). PABOT uses a context of “physical trust relationship” that is built by visual contact between users, and thus can offer a persistent authentication mechanism with better usability and higher...

  2. Social Trust and Fractionalization:

    DEFF Research Database (Denmark)

    Bjørnskov, Christian

    2008-01-01

    This paper takes a closer look at the importance of fractionalization for the creation of social trust. It first argues that the determinants of trust can be divided into two categories: those affecting individuals' trust radii and those affecting social polarization. A series of estimates using...... a much larger country sample than in previous literature confirms that fractionalization in the form of income inequality and political diversity adversely affects social trust while ethnic diversity does not. However, these effects differ systematically across countries, questioning standard...... interpretations of the influence of fractionalization on trust....

  3. Trust Based Pervasive Computing

    Institute of Scientific and Technical Information of China (English)

    LI Shiqun; Shane Balfe; ZHOU Jianying; CHEN Kefei

    2006-01-01

    Pervasive computing environment is a distributed and mobile space. Trust relationship must be established and ensured between devices and the systems in the pervasive computing environment. The trusted computing (TC) technology introduced by trusted computing group is a distributed-system-wide approach to the provisions of integrity protection of resources. The TC' notion of trust and security can be described as conformed system behaviors of a platform environment such that the conformation can be attested to a remote challenger. In this paper the trust requirements in a pervasive/ubiquitous environment are analyzed. Then security schemes for the pervasive computing are proposed using primitives offered by TC technology.

  4. Targeting of Asian Americans and Pacific Islanders by the tobacco industry: results from the Minnesota Tobacco Document Depository

    Science.gov (United States)

    Muggli, M; Pollay, R; Lew, R; Joseph, A

    2002-01-01

    Objective: The study objective was to review internal tobacco industry documents written between 1985 and 1995 regarding the Asian American and Pacific Islander (AAPI) population in the USA. These documents detail opportunities and barriers to promotion of tobacco products, as viewed by the tobacco industry and its market research firms. Data sources/methods: Researchers reviewed tobacco industry documents from the document depository in Minneapolis, Minnesota and the tobacco industry's website, The Tobacco Archive, in a systematic fashion. A combined technique was employed using title keywords, dates, and names to search the 4(b) index. Findings: A review of internal tobacco company documents reveal that during the late 1980s, the industry and its market research firms recognised the importance of the AAPI community as a potential business market. Documents describe the population growth in this community, the high prevalence of smoking in countries of origin, high purchasing power of AAPI immigrants, cultural predisposition to smoking, opportunities afforded by the high proportion of retail businesses under AAPI ownership, barriers to developing the AAPI market, comprehensive campaigns, and political and lobbying efforts. Comprehensive campaigns were designed to integrate promotion efforts in AAPI consumer, retail, and business communities. Conclusions: The documents show that the tobacco industry developed specific promotion strategies to target the AAPI population. Tobacco control initiatives in the AAPI group have been slower to develop than in other targeted ethnic groups, and may benefit by increased awareness of industry methods to promote tobacco use. PMID:12198269

  5. Transition to Electronic Access of Government Information: Are the Depository Libraries Prepared?

    Science.gov (United States)

    Vaughan, Liwen Qiu; Dolan, Elizabeth

    1998-01-01

    Examines the readiness of depository libraries in Canada to adopt new technologies for disseminating government publications. Findings are reported on current use of different publication formats, type of help sought by users, staff skills and training needs, adequacy of physical and financial resources, support from governing bodies, and…

  6. The Federal Depository Library Program in Transition: A Perspective at the Turn of a Century.

    Science.gov (United States)

    O'Mahony, Daniel P.

    1998-01-01

    The legal framework covering government information procurement, production, and dissemination has been in place for over 100 years. Congress is currently developing revisions to the U.S. Code to reform this system. Fundamental principles of public access, embodied in the Federal Depository Library Program, must guide these revisions, and…

  7. Why Continue To Be a Depository Library if It Is All on the Internet Anyway?

    Science.gov (United States)

    Kram, Lorraine

    1998-01-01

    Provides a starting point from which individual libraries can evaluate continuation of their depository status. Many of the basic questions that a library needs to address are explored. Issues covered include availability of government information on the Internet, costs, and incentives. Recommended specifications for public workstations in…

  8. The Federal Depository Library Program (FDLP), Academic Libraries, and Access to Government Information

    Science.gov (United States)

    Jaeger, Paul T.; Bertot, John Carlo; Shuler, John A.

    2010-01-01

    The electronic environment has significantly shifted library capabilities and user expectations for the delivery of government information and services. At the same time, many laws of the federal government have pushed for the creation and distribution of government information through electronic channels. However, the Federal Depository Library…

  9. 12 CFR 303.245 - Waiver of liability for commonly controlled depository institutions.

    Science.gov (United States)

    2010-01-01

    ... controlled depository institutions. (a) Scope. Section 5(e) of the FDI Act (12 U.S.C. 1815(e)) creates...)(6), (7) and (8), the FDI Act also permits the FDIC, in its discretion, to exempt any insured... liability pursuant to section 5 of the FDI Act (12 U.S.C. 1815(e)(5)(A)). (b) Definition. Conditional...

  10. 17 CFR 1.49 - Denomination of customer funds and location of depositories.

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Denomination of customer funds and location of depositories. 1.49 Section 1.49 Commodity and Securities Exchanges COMMODITY FUTURES TRADING COMMISSION GENERAL REGULATIONS UNDER THE COMMODITY EXCHANGE ACT Miscellaneous § 1.49 Denomination...

  11. Balancing Trust and Control

    DEFF Research Database (Denmark)

    Jagd, Søren

    2010-01-01

    The purpose of this paper is to show that conceptualizing trust and control as interactively related processes, as opposed to more static conceptualizations of the two concepts and the relations between them, adds importantly towards understanding the challenges involved in balancing of trust...... and control in organizations. The paper examines recent literature on the conceptualization of the relation between trust and control in and between organizations. The literature review shows that trust and control has been conceptualized as either substituting or complementing each other. Further......, it is found that the complementary/substitution debate calls for an explicit conceptualization of the relation between trust and control as an interactive process, in contrast to earlier conceptualizations of trust and control as two relatively static and isolated concepts. While the static perspective...

  12. 12 CFR 204.135 - Shifting funds between depository institutions to make use of the low reserve tranche.

    Science.gov (United States)

    2010-01-01

    ... SYSTEM BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM RESERVE REQUIREMENTS OF DEPOSITORY INSTITUTIONS... prevent evasions of the requirements of that section. Section 19(b)(2) establishes general reserve... that is exempt from transaction account reserve requirements. ...

  13. 26 CFR 1.852-3 - Investment company taxable income.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 9 2010-04-01 2010-04-01 false Investment company taxable income. 1.852-3... TAX (CONTINUED) INCOME TAXES Regulated Investment Companies and Real Estate Investment Trusts § 1.852-3 Investment company taxable income. Section 852(b)(2) requires certain adjustments to be made...

  14. The Moderating Influence of Broad-Scope Trust on Customer-Seller Relationships

    DEFF Research Database (Denmark)

    Hansen, Torben

    2012-01-01

    Trust relates not only to customer trust in individual companies (i.e., narrow-scope trust) but also to the broader business context in which customer–seller relationships may develop (i.e., broad-scope trust [BST]). Based on two surveys comprising 1155 bank consumers and 817 insurance consumers,......-scope trust and between narrow-scope trust and loyalty, BST positively moderates the relationship between satisfaction and loyalty. In addition, it is demonstrated that BST positively influences customer satisfaction and narrow-scope trust......Trust relates not only to customer trust in individual companies (i.e., narrow-scope trust) but also to the broader business context in which customer–seller relationships may develop (i.e., broad-scope trust [BST]). Based on two surveys comprising 1155 bank consumers and 817 insurance consumers......, respectively, this study investigates the moderating influence of BST on relationships between satisfaction, narrow-scope trust, and loyalty and also examines the direct influence of BST on these variables. The results indicate that whereas BST negatively moderates relationships between satisfaction and narrow...

  15. 14 CFR 380.34 - Security and depository agreements.

    Science.gov (United States)

    2010-01-01

    ... shall promptly be added to the escrow account, in an amount equal to the amount of such decreased value... the direct air carrier, the bank shall pay funds from the account directly to the hotels, sightseeing enterprises, or other persons or companies furnishing ground accommodations and services, if any, in...

  16. Competence Utilization for Innovation Capabilities A Question of Trust?

    OpenAIRE

    Britta BOLZERN-KONRAD; Carolin EGGER; Erika SUMILO

    2015-01-01

    The purpose of this paper is to show how trust as an organizational value contributes to employee competence utilization in the case of innovation capability. Thus, it is the objective of this paper to analyze the positive impacts, but also potential limits of trust in business management. The research paper uses two different quantitative empirical studies drawn from German and Austrian mid-sized companies to empirically test this interrelation. As a result, the paper determines particular a...

  17. ANTECEDENTS OF CONSUMER TRUST WITH RUTHLESS BRAND LEADERS

    OpenAIRE

    Power, John; Whelan, Susan

    2006-01-01

    Research suggests that the development of trust between consumer and brand is the crux of relationship strength. This paper presents a conceptual model of trust development in the consumer-company relationship for brands perceived as ruthless, and examines the influencing role of the ruthless organisational leader. It is conceptualised that even when the leader of an organisation holds a ruthless image, that positive relationship strength can be achieved, due to the mediating role of consum...

  18. Competence Utilization for Innovation Capabilities - A Question of Trust?

    Directory of Open Access Journals (Sweden)

    Britta BOLZERN-KONRAD

    2015-05-01

    Full Text Available The purpose of this paper is to show how trust as an organizational value contributes to employee competence utilization in the case of innovation capability. Thus, it is the objective of this paper to analyze the positive impacts, but also potential limits of trust in business management. The research paper uses two different quantitative empirical studies drawn from German and Austrian mid-sized companies to empirically test this interrelation. As a result, the paper determines particular aspects of trust such as accountability, shared norms and the ability to take responsibility to be interrelated with the usage of employee competences and underlines a positive connection between product innovation performance and trust. However, the trust concept needs enriching elements to be balanced towards a feeling of mutual reliance and support creativity instead; inclusions of bridging social capital, elements of distrust and a pioneering spirit are to be mentioned here.

  19. The importance of trust in virtual team knowledge mediation

    DEFF Research Database (Denmark)

    Petersen, Nils Braad

    2012-01-01

    , & Bartol 2007) , the lack of previous relations between team members is a challenge for effective trust-based knowledge communication in these teams. Furthermore, researchers have found that intra-team trust affects team performance positively (e.g. De Jong and Elfring 2010). Therefore, to ensure virtual......For transnational companies, virtual project teams are a means of overcoming temporal, geographical and organizational boundaries between team members. However, because the level of knowledge communication has been shown to be influenced by trust (e.g. Staples & Webster 2008; Quigley, Tesluk, Locke...... team success it is important to understand how the organizational and technological context of the virtual team can best support boundary crossing trust-based knowledge relations. Based on a review of current virtual team research, this presentation will look at how trust in virtual teams is formed...

  20. 76 FR 36538 - Notice of Proposals To Engage in Permissible Nonbanking Activities or To Acquire Companies That...

    Science.gov (United States)

    2011-06-22

    ... Notice of Proposals To Engage in Permissible Nonbanking Activities or To Acquire Companies That Are...) to engage de novo, or to acquire or control voting securities or assets of a company, including the... Northern Trust Company and Northern Trust Corporation, both located in Chicago, Illinois; to acquire...

  1. The trust formula: Trust = fairness + leadership

    Energy Technology Data Exchange (ETDEWEB)

    Lovenheim, R. [Regulatory and Legislative Consultants, Inc., Rochester, NY (United States)

    1995-11-01

    Many state and compact LLW siting processes have been characterized by slippage and failure. The paper focuses on two major {open_quotes}lessons learned{close_quotes} regarding public interaction and trust, and how these lessons are being applied to current siting efforts. The relationship of environmental idealism and trust will be explored further in this paper. Supreme Court Justice Stephen Breyer concludes his 1994 book, Breaking the Vicious Circle by stating: {open_quotes}Finally, this book also reflects a belief that trust in institutions arises not simply as a result of openness in government, responses to local interest groups, or priorities emphasized in the press -- though these attitudes and actions play an important role -- but also from those institutions doing a difficult job well.{close_quotes}

  2. Towards an Open Framework Leveraging a Trusted Execution Environment

    DEFF Research Database (Denmark)

    Gonzalez, Javier; Bonnet, Philippe

    2013-01-01

    should have full control over. Like- wise, companies face a trade-off as the benefits of innovative services must be weighted against the risk of exposing data that reveal core in- ternal processes. How to design a data platform that enables innovative data services and yet enforce access and usage...... control? The solutions pro- posed in the literature to this trade-off all involve some form of trusted execution environment, where data and processing is trusted and safe from corruption by users or attackers. The hardware that could support such trusted execution environments is however closed...

  3. Towards an Open Framework Leveraging a Trusted Execution Environment

    DEFF Research Database (Denmark)

    Gonzalez, Javier; Bonnet, Philippe

    2013-01-01

    should have full control over. Like- wise, companies face a trade-off as the benefits of innovative services must be weighted against the risk of exposing data that reveal core in- ternal processes. How to design a data platform that enables innovative data services and yet enforce access and usage...... control? The solutions pro- posed in the literature to this trade-off all involve some form of trusted execution environment, where data and processing is trusted and safe from corruption by users or attackers. The hardware that could support such trusted execution environments is however closed...

  4. Misplaced Trust: Racial Differences in Use of Tobacco Products and Trust in Sources of Tobacco Health Information.

    Science.gov (United States)

    Alcalá, Héctor E; Sharif, Mienah Z; Morey, Brittany N

    2017-10-01

    Recently, the rates of utilization of alternative tobacco products have increased. Providing health information about tobacco products from trustworthy sources may help decrease the popularity of these products. Using a nationally representative study of adults, we fill the current gap in research on racial and ethnic disparities in utilization of alternative tobacco products as well as in trust of sources of health information about tobacco products. Data came from the Health Information National Trends Survey (N = 3738), which was collected in 2015. Logistic regression models were used to calculate odds of use of seven different tobacco product (eg, hookah, e-cigarettes, etc.), trust in seven different sources of e-cigarette health information (eg, family or friends, health care providers, etc.), and trust in six different sources of tobacco health information, adjusting for control variables. There were disparities in utilization of alternative tobacco products and in trust, in tobacco companies across racial and ethnic groups. Blacks and Asians were far more likely than whites to trust tobacco (adjusted odds ratios = 8.67 and 4.34) and e-cigarette companies (adjusted odds ratios = 6.97 and 3.13) with information about the health effects of e-cigarettes than whites. The popularity of alternative tobacco products appears to be high and may offset recent observed decreases in cigarette use. Blacks and Asians appear to trust tobacco companies as sources of information when compared to whites. Higher levels of trust in tobacco companies among Asians and blacks may translate to greater susceptibility to utilize tobacco products among these groups, thereby increasing disparities. There is a need for social marketing and education efforts focused on increasing awareness of adverse health effects of using alternative tobacco products as well as on the untrustworthiness of tobacco and e-cigarette companies, especially among racial and ethnic minorities.

  5. Trust vs. Crisis

    DEFF Research Database (Denmark)

    Mogensen, Kirsten

    2014-01-01

    to judge whom to trust. One logical solution to a crisis is to rebuild a shared understanding of the norms involved in any given context. Banking is used as a case. Central concepts are borrowed from Niklas Luhmann Trust (1968), Alf Ross Directives and Norms (1967), and Arthur G. Neal National Trauma...... & Collective Memory (1998)....

  6. Dimensions of trust

    DEFF Research Database (Denmark)

    Frederiksen, Morten

    2012-01-01

    in scope and mode influenced by the intersecting dimensions of relations, objects and situations. Furthermore, trust exists between an outer threshold of expected deceit and an inner threshold of confident reliance. The findings from the qualitative study contribute new knowledge on the diversity of trust...

  7. Does trust pay off?

    NARCIS (Netherlands)

    R. de Bliek (Ruben)

    2012-01-01

    textabstractIt is believed that a society's level of trust in strangers, also known as generalized or interpersonal trust, is an accurate reflection of the quality of civil society and of the success of its accompanying economy. Two unresolved issues remain. The first issue concerns the generalizabi

  8. Trust in Strategic Alliances

    DEFF Research Database (Denmark)

    Nielsen, Bo

    2011-01-01

    This article examines the dynamic and multi-dimensional nature of trust in strategic alliances. Adopting a co-evolutionary approach, I developed a framework to show how trust, conceptualised in different forms, plays distinct roles at various evolutionary stages of the alliance relationship...

  9. Trust repertoires for collaboration

    DEFF Research Database (Denmark)

    Fuglsang, Lars

    little about how such processes develop and how trust, understood as “confident positive expectations” (Lewicki et al. 1998) to collaborative activities, arises out of collaboration. The paper contributes by showing how trust and collaboration are intertwined. The main finding is that a facilitator can...

  10. Natural gas in the 21st century. Part 1. Rock-solid trust in the future of the Dutch natural gas trading company Nederlandse Gasunie; Gas in de 21ste eeuw. Deel 1. Rotsvast vertrouwen in de toekomst van Gasunie

    Energy Technology Data Exchange (ETDEWEB)

    Krikke, R. [ed.

    2000-03-01

    In this first part of a new series experts in the field of the natural gas market in the Netherlands are interviewed about their opinion on the consequences of and developments after the new Dutch Natural Gas Law ('Gaswet') has come into effect. In this article the general manager of the natural gas trading company Gasunie answers questions on the natural gas market and the position of Gasunie in that market. He also expresses his personal interest in domotics.

  11. Facial resemblance enhances trust.

    Science.gov (United States)

    DeBruine, Lisa M

    2002-07-07

    Organisms are expected to be sensitive to cues of genetic relatedness when making decisions about social behaviour. Relatedness can be assessed in several ways, one of which is phenotype matching: the assessment of similarity between others' traits and either one's own traits or those of known relatives. One candidate cue of relatedness in humans is facial resemblance. Here, I report the effects of an experimental manipulation of facial resemblance in a two-person sequential trust game. Subjects were shown faces of ostensible playing partners manipulated to resemble either themselves or an unknown person. Resemblance to the subject's own face raised the incidence of trusting a partner, but had no effect on the incidence of selfish betrayals of the partner's trust. Control subjects playing with identical pictures failed to show such an effect. In a second experiment, resemblance of the playing partner to a familiar (famous) person had no effect on either trusting or betrayals of trust.

  12. Trust and controlling

    Directory of Open Access Journals (Sweden)

    Bieńkowska Agnieszka

    2016-12-01

    Full Text Available The purpose of this study is to discuss the trust within and towards an organisation in the context of implementation of controlling therein. In this context the essence of trust and its importance in organisation management was presented, as well as trust in the contemporary management methods and concepts. Controlling as a trust-building factor inside an organisation was pointed out. Especially controlling and control were described. Moreover management by considering deviations in controlling and the teamwork in controlling were described. The role of controlling in process of trust-building to an organisation was presented. Establishing relations with the environment and systems of measurement of organisation’s achievements were presented, too.

  13. Trust, Innovation and Prosperity

    Directory of Open Access Journals (Sweden)

    Stanislav Szabo

    2013-12-01

    Full Text Available Economic development and its determinants, esp. trust or innovation are subjects of several scientific studies. Several authors claim the importance of innovation for economic development. Some studies identified that one of the most crucial factor for economic growth and prosperity is the trust between people. Within the research in this paper we have tried to identify the role of interpersonal trust within the innovation vs. prosperity relation. For this purpose and for causality analysis, we have applied decision tree models. Through our analysis of country based data (involved in trust related WVS surveys in opposition to current studies, we have identified, that interpersonal trust is more significant determinant of innovation development as prosperity.

  14. Narrow banking with modern depository institutions: Is there a reason to panic?

    OpenAIRE

    Rodríguez Mendizábal, Hugo

    2017-01-01

    What would be the effect of imposing a 100 percent reserve requirement to depository institutions? This paper contends that reserves do not compete with loans on the asset side of bank’s balance sheets. Thus, they only affect liquidity provision by banks indirectly through their impact on the cost of loan and deposit creation. This cost could be driven to zero if, as the Eurosystem does, central banks remunerated required reserves at the same rate of their refinancing operations. The paper ar...

  15. 76 FR 23342 - Russell Investment Management Company, et al.;

    Science.gov (United States)

    2011-04-26

    ... adopted or will adopt a Code of Ethics as required under rule 17j- 1 under the Act, which contains... as an ``ETF,'' an ``investment company,'' a ``fund,'' or a ``trust.'' All marketing materials...

  16. Trust transitivity in social networks

    CERN Document Server

    Richters, Oliver

    2010-01-01

    Non-centralized recommendation-based decision making is a central feature of several social and technological processes, such as market dynamics, peer-to-peer file-sharing and the web of trust of digital certification. We investigate the properties of trust propagation on networks, based on a simple metric of trust transitivity. We investigate analytically the percolation properties of trust transitivity in random networks with arbitrary degree distribution, and compare with numerical realizations. We find that the existence of a non-zero fraction of absolute trust (i.e. entirely confident trust) is a requirement for the viability of global trust propagation in large systems: The average pair-wise trust is marked by a discontinuous transition at a specific fraction of absolute trust, below which it vanishes. Furthermore, we perform an extensive analysis of the Pretty Good Privacy (PGP) web of trust, in view of the concepts introduced. We compare different scenarios of trust distribution: community- and author...

  17. The Impact of Corporate Social Responsibility Information Richness on Trust

    Directory of Open Access Journals (Sweden)

    Rafeah Mat Saat

    2014-06-01

    Full Text Available Corporate Social Responsibility (CSR is a concept that describes the relationship between company  and society. The way a company portrays corporate ethics and social initiatives can evoke strong positive reactions among consumers. The emergence of Internet creates a new communicating culture and gives an idea for a company to deliver their CSR message. Applying Media Richness Theory (MRT in CSR message is believed could facilitate trust among consumer. Thus, this study aims to examine the impact of different level of CSR information richness with consumers trust towards the company. This study divides trust into three components that are competence, benevolence and integrity. An experimental design consisting of different levels of CSR information is selected (rich CSR information, lean CSR information and no CSR information as a control condition. The finding shows that rich CSR information has impacted on competence and integrity but not on benevolence. Result from this study is believed can assist companies in setting up their CSR communicating strategy in engaging consumers’ trust.

  18. Chimpanzees Trust Their Friends.

    Science.gov (United States)

    Engelmann, Jan M; Herrmann, Esther

    2016-01-25

    The identification and recruitment of trustworthy partners represents an important adaptive challenge for any species that relies heavily on cooperation [1, 2]. From an evolutionary perspective, trust is difficult to account for as it involves, by definition, a risk of non-reciprocation and defection by cheaters [3, 4]. One solution for this problem is to form close emotional bonds, i.e., friendships, which enable trust even in contexts where cheating would be profitable [5]. Little is known about the evolutionary origins of the human tendency to form close social bonds to overcome the trust problem. Studying chimpanzees (Pan troglodytes), one of our closest living relatives, is one way of identifying these origins. While a growing body of research indicates that at least some of the properties of close human relationships find parallels in the social bonds of chimpanzees [6-10] and that chimpanzees extend favors preferentially toward selected individuals [11-14], it is unclear whether such interactions are based on trust. To fill this gap in knowledge, we observed the social interactions of a group of chimpanzees and established dyadic friendship relations. We then presented chimpanzees with a modified, non-verbal version of the human trust game and found that chimpanzees trust their friends significantly more frequently than their non-friends. These results suggest that trust within closely bonded dyads is not unique to humans but rather has its evolutionary roots in the social relationships of our closest primate relatives.

  19. Trusted dynamic level scheduling based on Bayes trust model

    Institute of Scientific and Technical Information of China (English)

    WANG Wei; ZENG GuoSun

    2007-01-01

    A kind of trust mechanism-based task scheduling model was presented. Referring to the trust relationship models of social persons, trust relationship is built among Grid nodes, and the trustworthiness of nodes is evaluated by utilizing the Bayes method. Integrating the trustworthiness of nodes into a Dynamic Level Scheduling (DLS) algorithm, the Trust-Dynamic Level Scheduling (Trust-DLS) algorithm is proposed. Theoretical analysis and simulations prove that the Trust-DLS algorithm can efficiently meet the requirement of Grid tasks in trust, sacrificing fewer time costs, and assuring the execution of tasks in a security way in Grid environment.

  20. Is the Web Marketing Mix Sustainable in China? The Mediation Effect of Dynamic Trust

    OpenAIRE

    Yongrok Choi; Jingwen Jin

    2015-01-01

    Trust plays an important role between companies and customers in the online shopping environment because of the anonymous transaction environment and the advantage of virtual property. The most rapidly developing trend in Chinese e-business may come from Guanxi, a Chinese term for social trust. In this study, we define Guanxi as the dynamic trust process in the social decisions or activities of the Chinese. With increasing global attention on the outstanding development of Chinese e-business,...

  1. The Trust Imperative

    OpenAIRE

    Urban, Glen L.

    2003-01-01

    Nearly 70% of Americans agree with the statement, "I don't know whom to trust anymore," according to a February 2002 Golin/Harris Poll1. Although trust in society and corporations seems to be at an all time low, now is a good time for businesses to embark on a trust-based marketing strategy. Increasing customer power will drive a new paradigm for marketing, a paradigm based on advocating for the customer by providing open, honest information and advice. At the same time, this customer power i...

  2. Trust vs. Crisis

    Directory of Open Access Journals (Sweden)

    Kirsten Mogensen

    2014-06-01

    Full Text Available The three social phenomena -- norms, trust, and crisis -- are in this paper combined into one model that illustrates their function and relationship. Crisis is seen as a reaction to serious violations of expectations that leave people disoriented, insecure about situational norms, and unable to judge whom to trust. One logical solution to a crisis is to rebuild a shared understanding of the norms involved in any given context. Banking is used as a case. Central concepts are borrowed from Niklas Luhmann Trust (1968, Alf Ross Directives and Norms (1967, and Arthur G. Neal National Trauma & Collective Memory (1998.

  3. Competition Fosters Trust

    DEFF Research Database (Denmark)

    Huck, Steffen; Lünser, Gabriele; Tyran, Jean-Robert Karl

    2012-01-01

    We study the effects of reputation and competition in a trust game. If trustees are anonymous, outcomes are poor: trustees are not trustworthy, and trustors do not trust. If trustees are identifiable and can, hence, build a reputation, efficiency quadruples but is still at only a third of the first...... best. Adding more information by granting trustors access to all trustees' complete history has, somewhat surprisingly, no effect. On the other hand, we find that competition, coupled with some minimal information, eliminates the trust problem almost completely...

  4. Search for Trustful Leadership in Secondary Schools: Is Empowerment the Solution?

    Science.gov (United States)

    Freire, Carla; Fernandes, António

    2016-01-01

    The purpose of this study is to analyse how the access to structures of empowerment by teachers in primary and secondary education impacts on their trust of the headmaster of the school management board. Using the theoretical framework of empowerment and trust in the context of companies, one adapted the constructs of these scales to the reality…

  5. The role of contracts and trust in R&D alliances in the Dutch biotech sector

    NARCIS (Netherlands)

    Aalbers, H.L.

    2010-01-01

    This study explores the value of trust as a construct in understanding how R&D alliances collaborate over time. A review of literature leads to specific expectations on alliance coordination mechanisms needed to be applied by high-tech companies to secure effective cooperation. I pose trust as a pre

  6. CEO and Businesses are Losing Trust: Comparison of EU, USA, Czech and Slovak Republic

    Directory of Open Access Journals (Sweden)

    Denisa Kasl Kollmannová

    2012-06-01

    Full Text Available This article presents an in-depth study based on open-source data analysis (Edelman Trust Barometer and EuropeanCommunication Monitor concerning the general loss of trust, which both commercial companies, governments and,on a minor scale, also NGOs have been experiencing since the Global Financial Crisis in 2008. Trust is an essentialline of corporate communications, public relations and reputation management of companies and it is personalizedby the CEOs and top management. According to the data, the trust of CEOs saw the biggest decline in the U.S.while in Slovakia the trust is still quite high; on the contrary, in the E.U. in general, the level of trust of CEOs reacheda historical minimum of 30%. The overall shift from trusting the traditional authorities, such as government, CEOsand offi cial representatives to academics, stakeholders, employees and general “vox populi” can be seen globally.The aim of this article is to defi ne trust and the social and communications context of building trust as a key factorin a company´s reputation. Finally, clear managerial implications on reputation management focusing on Czech andSlovak CEOs and businesses will be given.

  7. Development of Trusted Computing Research

    Institute of Scientific and Technical Information of China (English)

    ZHANG Huanguo; LUO Jie; JIN Gang; ZHU Zhiqiang; YU Fajiang; YAN Fei

    2006-01-01

    Trusted computing is the new trend of information security today. This paper surveys the theory and technology of trusted computing. The development history of trusted computing, and the development of trusted computing in China are introduced in this paper,and then it analyzes some problems of trusted computing at present which are delay in theory research, some key technologies to be developed and lack of trusted software system. Some fields are worthy to be explored on are pointed out including key technology, basic theory and application in trusted computing.

  8. Trusts and Financialization

    DEFF Research Database (Denmark)

    Harrington, Brooke

    2016-01-01

    This article identifies trusts as a legal structure associated with the global spread of financialization. Although trusts originated in Medieval England, they have acquired a new significance in contemporary finance by virtue of their advantages in terms of 10 profit maximization and capital...... mobility. As a result, trusts have become common in contemporary structured finance for corporations, in addition to their traditional functions as estate planning and asset protection vehicles for high-net-worth individuals. This article specifies three ways in which the trust structure has facilitated...... the global spread of financialization: by privileging the rentier–investor within the 15 world economy; by perpetuating a distinctively Anglo-American approach to finance internationally; and by increasing the autonomy of finance vis-a-vis the nation-state. This study shares the primarily descriptive...

  9. Some correlates of trust.

    Science.gov (United States)

    Frost, T; Stimpson, D V; Maughan, M R

    1978-05-01

    Trust has been variously defined by behavioral scientists and not very thoroughly investigated. In this study trust was defined as an expectancy held by an individual that the behavior of another person or a group would be altruistic and personally beneficial. An attempt was made, using this conceptual definition, to identify some personality and behavioral correlates of trust. Seven interpersonal relations groups with approximately 10 male and female undergraduates per group were studied with use of the Janis and Field self-esteem inventory, Schutz's FIRO-B scale, and the Rotter internal-external scale. It was discovered that a trusted person is one who is highly influential, has an internal locus of control, a low need to control others, high self-esteem, and is open to being influenced by others.

  10. Education and Social Trust

    DEFF Research Database (Denmark)

    Oskarsson, Sven; Dinesen, Peter Thisted; Dawes, Christopher

    2017-01-01

    -experiment of twinning. By looking at the relationship between education and social trust within monozygotic (MZ) twin pairs, we are able to avoid potential confounders rooted in genetic factors and common environmental influences because the monozygotic twins share both. The results suggest that when controlling......One of the clearest results in previous studies on social trust is the robust positive relationship with educational attainment. The most common interpretation is that education has a causal effect on social trust. The theoretical argument and empirical results in this article suggest a different...... interpretation. We argue that common preadult factors such as cognitive abilities and personality traits rooted in genes and early-life family environment may confound the relationship between educational attainment and social trust. We provide new evidence on this question by utilizing the quasi...

  11. Trusts and Financialization

    DEFF Research Database (Denmark)

    Harrington, Brooke

    2017-01-01

    This article identifies trusts as a legal structure associated with the global spread of financialization. Although trusts originated in Medieval England, they have acquired a new significance in contemporary finance by virtue of their advantages in terms of 10 profit maximization and capital...... mobility. As a result, trusts have become common in contemporary structured finance for corporations, in addition to their traditional functions as estate planning and asset protection vehicles for high-net-worth individuals. This article specifies three ways in which the trust structure has facilitated...... the global spread of financialization: by privileging the rentier–investor within the 15 world economy; by perpetuating a distinctively Anglo-American approach to finance internationally; and by increasing the autonomy of finance vis-a-vis the nation-state. This study shares the primarily descriptive...

  12. Trust within the Organizations of the New Economy: an Empirical Analysis of the Consequences of Institutional Uncertainty

    Directory of Open Access Journals (Sweden)

    Marco Tulio F. Zanini

    2009-01-01

    Full Text Available This study investigates the effects of different institutional frameworks on the levels of trust within hierarchies. Following the insight into the changing of labour contracts provided by New Economy theorists and International Labour Organization [ILO] reports, this study investigates the possible differences in the levels of trust between two paradigms: the Old Economy and the New Economy. We argue that singular institutional changes which better characterize the New Economy in the form of environmental uncertainty set considerable constrains on trust development. By approaching trust as a dependent variable in a cross-industrial comparison, a questionnaire survey was carried out in Brazil accessing the levels of trust within seven Brazilian private companies. From the literature review and empirical observation of the reality of these organizations, companies were identified and classified into different groups. The study concludes that relative high institutional uncertainty considerably limits the development of trust levels within those companies operating in the New Economy.

  13. Antecedents and Consequences of Consumer Trust in the Context of Service Recovery

    Directory of Open Access Journals (Sweden)

    Cristiane Pizzutti dos Santos

    2008-07-01

    Full Text Available The purpose of this paper is to investigate the antecedents and consequences of consumer trust after complaint handling episodes about services. A cross-sectional study was carried out with complainers of banks and airline companies. The respondents were approached at an International Airport in Brazil. Structural Equation Modeling was used to test the hypotheses developed. The building of consumer trust was sensitive to perceptions of justice regarding the way complaints were handled by the company. More specifically, the perception of interactional fairness strongly impacted consumer trust in the employees which, in turn, revealed a high impact on trust in the company. Insofar as satisfaction with complaint handling does not mediate the relationship between the dimensions of fairness and trust, following a conflict it loses part of its importance. Finally, both repurchase intention and word-of-mouth communication were influenced by trust in the company, satisfaction with complaint handling and perceived value. The company should attentively observe the interactional aspect in terms of developing relationships with customers. Appropriate complaint handling and the consequent trust created between the parties is an efficient form of developing and maintaining solid relationships with customers.

  14. Trust and virtual worlds

    DEFF Research Database (Denmark)

    Ess, Charles; Thorseth, May

    2011-01-01

    by virtuality, such as virtual child pornography. The introduction further develops a philosophical anthropology, rooted in Kantian ethics, phenomenology, virtue ethics, and feminist perspectives, that grounds a specific approach to ethical issues in virtual environments....... of embodiment in establishing trust in (primarily) disembodied venues; how far artificial agents and other forms of machine intelligence can be trusted in any strong sense; and how diverse ethical frameworks, as developed in embodied contexts and histories, may (not) be applied to ethical issues evoked...

  15. Computationally modeling interpersonal trust

    OpenAIRE

    Jin Joo eLee; Brad eKnox; Jolie eBaumann; Cynthia eBreazeal; David eDeSteno

    2013-01-01

    We present a computational model capable of predicting—above human accuracy—the degree of trust a person has toward their novel partner by observing the trust-related nonverbal cues expressed in their social interaction. We summarize our prior work, in which we identify nonverbal cues that signal untrustworthy behavior and also demonstrate the human mind’s readiness to interpret those cues to assess the trustworthiness of a social robot. We demonstrate that domain knowledge gained from our pr...

  16. Trust vs. Confidence

    Science.gov (United States)

    2016-06-07

    defined. Although there are many different definitions of trust, our definition (Adams and Webb, 2003) is as follows: Trust is a psychological state...Judgments: Experiments on the Time to Determine Confidence. Journal of Experimental Psychology : Human Perception and Performance, 24(3), 929-945. BARANSKI...PETRUSIC, W. (2001). Testing Architectures of the Decision-Confidence Relation. Canadian Journal of Experimental Psychology , 55(3): 195-206. PETRUSIC, W

  17. Trust and virtual worlds

    DEFF Research Database (Denmark)

    Ess, Charles; Thorseth, May

    2011-01-01

    We collect diverse philosophical analyses of the issues and problems clustering around trust online with specific attention to establishing trust in virtual environments. The book moves forward important discussions of how virtual worlds and virtuality are to be defined and understood; the role o...... by virtuality, such as virtual child pornography. The introduction further develops a philosophical anthropology, rooted in Kantian ethics, phenomenology, virtue ethics, and feminist perspectives, that grounds a specific approach to ethical issues in virtual environments....

  18. In Law We Trust? Trusted Computing and Legal Responsibility for Internet Security

    Science.gov (United States)

    Danidou, Yianna; Schafer, Burkhard

    This paper analyses potential legal responses and consequences to the anticipated roll out of Trusted Computing (TC). It is argued that TC constitutes such a dramatic shift in power away from users to the software providers, that it is necessary for the legal system to respond. A possible response is to mirror the shift in power by a shift in legal responsibility, creating new legal liabilities and duties for software companies as the new guardians of internet security.

  19. Shedding Light on Trust

    Directory of Open Access Journals (Sweden)

    Lesley Gill

    2013-01-01

    Full Text Available New Zealand Human Resource Development practitioners interviewed in earlier research indicates that building “trust” is necessary if training efforts in the area of Emotional Intelligence are to be successful.  Yet, trust is often not defined clearly by those working in the field of HRD.  To establish a definition of trust that provides HRD practitioners with direction in the design of training programs, a large group conversation utilizing the “World Café” process was undertaken, after which EI training practitioners wrote reflections on the nature of trust.  Experienced EI Trainers tended to define trust in terms of the outcome produced in training, which was the readiness of participants to talk.  Defining trust in this way has the advantage of involving a low level of inference.  Trainers also identified actions within their control that could stimulate greater readiness amongst training participants about their experiences to trainers and other learners. The aim of the article is to provide a practice-based definition of trust that can inform HRD practitioners working in the field of Emotional Intelligence.

  20. Computationally Modeling Interpersonal Trust

    Directory of Open Access Journals (Sweden)

    Jin Joo eLee

    2013-12-01

    Full Text Available We present a computational model capable of predicting—above human accuracy—the degree of trust a person has toward their novel partner by observing the trust-related nonverbal cues expressed in their social interaction. We summarize our prior work, in which we identify nonverbal cues that signal untrustworthy behavior and also demonstrate the human mind’s readiness to interpret those cues to assess the trustworthiness of a social robot. We demonstrate that domain knowledge gained from our prior work using human-subjects experiments, when incorporated into the feature engineering process, permits a computational model to outperform both human predictions and a baseline model built in naivete' of this domain knowledge. We then present the construction of hidden Markov models to incorporate temporal relationships among the trust-related nonverbal cues. By interpreting the resulting learned structure, we observe that models built to emulate different levels of trust exhibit different sequences of nonverbal cues. From this observation, we derived sequence-based temporal features that further improve the accuracy of our computational model. Our multi-step research process presented in this paper combines the strength of experimental manipulation and machine learning to not only design a computational trust model but also to further our understanding of the dynamics of interpersonal trust.

  1. Computationally modeling interpersonal trust.

    Science.gov (United States)

    Lee, Jin Joo; Knox, W Bradley; Wormwood, Jolie B; Breazeal, Cynthia; Desteno, David

    2013-01-01

    We present a computational model capable of predicting-above human accuracy-the degree of trust a person has toward their novel partner by observing the trust-related nonverbal cues expressed in their social interaction. We summarize our prior work, in which we identify nonverbal cues that signal untrustworthy behavior and also demonstrate the human mind's readiness to interpret those cues to assess the trustworthiness of a social robot. We demonstrate that domain knowledge gained from our prior work using human-subjects experiments, when incorporated into the feature engineering process, permits a computational model to outperform both human predictions and a baseline model built in naiveté of this domain knowledge. We then present the construction of hidden Markov models to investigate temporal relationships among the trust-related nonverbal cues. By interpreting the resulting learned structure, we observe that models built to emulate different levels of trust exhibit different sequences of nonverbal cues. From this observation, we derived sequence-based temporal features that further improve the accuracy of our computational model. Our multi-step research process presented in this paper combines the strength of experimental manipulation and machine learning to not only design a computational trust model but also to further our understanding of the dynamics of interpersonal trust.

  2. Trusted Computing Technologies, Intel Trusted Execution Technology.

    Energy Technology Data Exchange (ETDEWEB)

    Guise, Max Joseph; Wendt, Jeremy Daniel

    2011-01-01

    We describe the current state-of-the-art in Trusted Computing Technologies - focusing mainly on Intel's Trusted Execution Technology (TXT). This document is based on existing documentation and tests of two existing TXT-based systems: Intel's Trusted Boot and Invisible Things Lab's Qubes OS. We describe what features are lacking in current implementations, describe what a mature system could provide, and present a list of developments to watch. Critical systems perform operation-critical computations on high importance data. In such systems, the inputs, computation steps, and outputs may be highly sensitive. Sensitive components must be protected from both unauthorized release, and unauthorized alteration: Unauthorized users should not access the sensitive input and sensitive output data, nor be able to alter them; the computation contains intermediate data with the same requirements, and executes algorithms that the unauthorized should not be able to know or alter. Due to various system requirements, such critical systems are frequently built from commercial hardware, employ commercial software, and require network access. These hardware, software, and network system components increase the risk that sensitive input data, computation, and output data may be compromised.

  3. Impact of signals and experience on trust and trusting behavior.

    Science.gov (United States)

    Chen, Ying-Hueih; Chien, Shu-Hua; Wu, Jyh-Jeng; Tsai, Pei-Yin

    2010-10-01

    Trust is an essential factor that drives virtual interaction and transactions on the Internet. Researchers have investigated the trust development process, and identified several important factors that form the basis for trust. This research combines the signal perspective and trust theory to examine the impact of market signals and past experience on trust formation and trusting behavior. Three market signals, including brand image, Web-site investment, and privacy policies, are identified and empirically tested to determine their impact on consumer trust. Based on 322 active Web users, the quantitative results suggest that brand image, Web-site investment, privacy policies, and past experience all positively impact trust formation. Furthermore, trust shows a positive effect on Web-site stickiness. Both theoretical and practical implications of the results are also offered.

  4. Trusting Beliefs: A Functional Measurement Study

    Science.gov (United States)

    Vidotto, Giulio; Massidda, Davide; Noventa, Stefano; Vicentini, Marco

    2012-01-01

    Trust is a fundamental aspect of everyday life. Several authors define trust as the wish to depend on another entity and split the concept of trust into several interconnected components such as trusting beliefs (e.g., benevolence, competence, honesty, and predictability), trusting intentions, trusting behaviors, disposition to trust, and…

  5. Between trust and control

    DEFF Research Database (Denmark)

    Ilsøe, Anna

    2010-01-01

    to the bargaining outcome at company level. Drawing on 10 case studies in the German and Danish metal industries carried out in 2005, this article argues that the social contracts at the Danish case companies allow a more efficient use of company-level agreements on flexible working hours than the social contracts...

  6. 78 FR 21424 - Royce Value Trust, Inc., et al.;

    Science.gov (United States)

    2013-04-10

    ... to Global Trust, a newly formed, wholly-owned subsidiary that is a registered closed-end investment... between a registered investment company and an affiliated person. Section 2(a)(3) of the Act defines an ``affiliated person'' of another person to include (a) any person directly or indirectly owning,...

  7. Fostering interpersonal trust on social media: physicians' perspectives and experiences.

    Science.gov (United States)

    Panahi, Sirous; Watson, Jason; Partridge, Helen

    2016-02-01

    The problem of developing and sustaining mutual trust is one of the main barriers to knowledge sharing on social media platforms such as blogs, wikis, micro-blogs and social networking websites. While many studies argue that mutual trust is necessary for online communication and knowledge sharing, few have actually explored and demonstrated how physicians can establish and sustain trusted relationships on social media. To identify approaches through which physicians establish interpersonal trust on social media. Twenty-four physicians, who were active users of social media, were interviewed using a semi-structured approach between 2013 and 2014. Snowball sampling was employed for participant recruitment. The data were analysed using a thematic analysis approach. Physicians trust their peers on social media in a slightly different way than in face-to-face communication. The study found that the majority of participants established trust on social media mainly through previous personal interaction, authenticity and relevancy of voice, professional standing, consistency of communication, peer recommendation, and non-anonymous and moderated sites. Healthcare professionals need to approach social media carefully when using it for knowledge sharing, networking and developing trusted relations with like-minded peers. Published by the BMJ Publishing Group Limited. For permission to use (where not already granted under a licence) please go to http://www.bmj.com/company/products-services/rights-and-licensing/

  8. Company analysis

    DEFF Research Database (Denmark)

    Jenster, Per V.; Hussey, David

    This volume looks at the company appraisal as a whole, examining the continuing need to appraise companies as part of the continuing strategy process. Building from a sound basis of theory, the text aims to be practical and to give guidance to senior managers and others involved in the strategy p...

  9. Trusted Translation Services

    Science.gov (United States)

    Atif, Yacine; Serhani, Mohamed Adel; Campbell, Piers; Mathew, Sujith Samuel

    Administering multilingual Web sites and applications reliably, involves interconnected and multipart tasks, where trust in the involved parties and content translation sources is paramount. Published Web sites may reflect content from databases, content management systems and other repositories to manage related Web content. But a Web site mirrored wholly or selectively onto a target language version requires streamlined trusted processes. Traditionally, files are translated and transferred via FTP, e-mail, or other communication means. Similarly, translation instructions are communicated between involved parties through verbal instruction, e-mail, and instruction files lead to a variety of inconsistencies and lack of trust in the translation process. This paper proposes a Web service approach to streamline the translation processes and an integration of trust properties in the proposed translation Web services. Web Services have been instrumental in handling problems inherent to systems integration, allowing web-based systems to converse and communicate data automatically. The OASIS Translation Web Services Technical Committee has released a standard way for Web Services to serve the translation and localization business. This article proposes a framework to centralize translation services at a reputable source providing a workflow and a mechanism to quantify service trust. An implementation of the framework is also described in the context of a localization case study.

  10. Trust Models in Ubiquitous Computing

    DEFF Research Database (Denmark)

    Nielsen, Mogens; Krukow, Karl; Sassone, Vladimiro

    2008-01-01

    We recapture some of the arguments for trust-based technologies in ubiquitous computing, followed by a brief survey of some of the models of trust that have been introduced in this respect. Based on this, we argue for the need of more formal and foundational trust models.......We recapture some of the arguments for trust-based technologies in ubiquitous computing, followed by a brief survey of some of the models of trust that have been introduced in this respect. Based on this, we argue for the need of more formal and foundational trust models....

  11. Fuzzy Model for Trust Evaluation

    Institute of Scientific and Technical Information of China (English)

    Zhang Shibin; He Dake

    2006-01-01

    Based on fuzzy set theory, a fuzzy trust model is established by using membership function to describe the fuzziness of trust. The trust vectors of subjective trust are obtained based on a mathematical model of fuzzy synthetic evaluation. Considering the complicated and changeable relationships between various subjects, the multi-level mathematical model of fuzzy synthetic evaluation is introduced. An example of a two-level fuzzy synthetic evaluation model confirms the feasibility of the multi-level fuzzy synthesis evaluation model. The proposed fuzzy model for trust evaluation may provide a promising method for research of trust model in open networks.

  12. Studies of transformational leadership: evaluating two alternative models of trust and satisfaction.

    Science.gov (United States)

    Yang, Yi-Feng

    2014-06-01

    This study evaluates the influence of leadership style and employee trust in their leaders on job satisfaction. 341 personnel (164 men, 177 women; M age = 33.5 yr., SD = 5.1) from four large insurance companies in Taiwan completed the transformational leadership behavior inventory, the leadership trust scale and a short version of the Minnesota (Job) Satisfaction Questionnaire. A bootstrapping mediation and structural equation modeling revealed that the effect of transformational leadership on job satisfaction was mediated by leadership trust. This study highlights the importance of leadership trust in leadership-satisfaction relationships, and provides managers with practical ways to enhance job satisfaction.

  13. Trust in media information

    Directory of Open Access Journals (Sweden)

    Miquel Rodrigo

    2003-06-01

    Full Text Available For Miquel Rodrigo, cultural diversity places informative discourse in a crisis because it needs new categories to explain reality, and these categories are not always shared by journalists and by those who receive the information. Instead of gaining an easy trust drawnfrom stereotypes, he proposes, as a better way of overcoming the crisis, fostering the existence of sceptical readers. The media interprets social phenomena with its personal and professional limitations. The sceptical reader is one who knows why the media says what it says and understands that its truths are not absolute, since all ways of seeing are ways of concealing. The relationship between scepticism and trust is that which opposes a blind, acrylic and capitulating trust.

  14. Trust in agile teams

    DEFF Research Database (Denmark)

    Tjørnehøj, Gitte; Fransgård, Mette; Skalkam, Signe

    2012-01-01

    success. This article reports from a study of two agile DSD teams with very different organization and collaboration patterns. It addresses the role of trust and distrust in DSD by analyzing how the team members’ trust developed and erode through the lifetime of the two collaborations and how management...... actions influenced this. We see two important lessons from the analysis. First the agile practices of daily Scrum and self organizing team can empower DSD teams to manage their own development of trust and thereby alleviate the obstacles of DSD. Second if management fails to support the development......Abstract. Distributed software development (DSD) is becoming everyday practice in the software field. Difficult challenges and difficulty reaching the expected benefits are well documented. The key challenges are communication, coordination and control issues due to temporal, geographical and socio...

  15. Governance, Trust and Taxes

    DEFF Research Database (Denmark)

    Weihe, Guri; Joensen, E. Juanna Schröter

    This paper examines the role of social capital (trust) vis-à-vis the propensity of a country to be a tax haven. The empirical analysis corroborates that better governed countries have a higher ceteris paribus probability to be tax havens. However, social capital counteracts the effect of governance...... quality. This effect is so strong that the partial effect of governance quality is reversed for countries with the trust index in the top quartile – making these high trust countries less likely to be tax havens – even as governance quality is increased. Thus it is crucial to consider the interaction...... between institutions and social capital, since the same governance institutions have a different impact on the tax haven propensity for countries with different social capital....

  16. Trusts and Financialization

    DEFF Research Database (Denmark)

    Harrington, Brooke

    2016-01-01

    the global spread of financialization: by privileging the rentier–investor within the 15 world economy; by perpetuating a distinctively Anglo-American approach to finance internationally; and by increasing the autonomy of finance vis-a-vis the nation-state. This study shares the primarily descriptive...... and conceptual intent of Krippner’s work on financialization, but extends it in two ways: by comparing trusts to the better- known corporate form of organizing financial activity, and by showing how private 20 capital is implicated in the financialized economy alongside corporate wealth.......This article identifies trusts as a legal structure associated with the global spread of financialization. Although trusts originated in Medieval England, they have acquired a new significance in contemporary finance by virtue of their advantages in terms of 10 profit maximization and capital...

  17. Trust and Its Impact on Cooperation in Alliance Networks:Theory and Practice

    Directory of Open Access Journals (Sweden)

    Wlodzimierz SROKA

    2011-11-01

    Full Text Available At present we can observe the increasing role of cooperation among companies all around the world. Cooperation includes many forms, such as alliances, joint ventures, networks, clusters, outsourcing and others. Trust is one of the most important factors of success of any cooperation activity, because it can lower transaction costs, increase productivity and innovativeness, facilitate inter-organizational relationships and resolve conflicts. Therefore the paper discusses the basic problems of trust in alliance networks. The text consists of theoretical deliberations devoted to alliance networks and trust. The practical case of the company from machine industry that formed a portfolio of alliances based on trust is also an important part of the text. The conclusion of the paper is that portfolio of alliances based on trust is worth pursuing.

  18. Trust and Social Commerce

    Directory of Open Access Journals (Sweden)

    Julia Y. Lee

    2016-01-01

    The Article focuses on the rise of “social commerce,” a socio-economic phenomenon centered on the use of social media and other modes of social connection in electronic commerce. It identifies three mechanisms that are central to the development of trust in social commerce: communication and voluntary disclosure; barriers to entry; and community policing. These mechanisms simulate the characteristics of closely-knit environments, creating conditions conducive to trust. The Article describes these mechanisms in four new commercial settings: the sharing economy; next generation electronic commerce; online escort services; and online black markets in credit cards and controlled substances.

  19. Free Riding or Trust?

    DEFF Research Database (Denmark)

    Svendsen, Gert Tinggaard; Nilsson, Jerker

    2011-01-01

    It is often observed that members have little interest in monitoring their cooperatives. One explanation is that the members are free-riders, hoping that others will perform the task. Another explanation is that the weak member interest is a consequence of members having trust in the leadership....... These competing explanations refer to the theory of collective action and the social capital paradigm, respectively, and may be linked to the classical Gesellschaft and Gemeinschaft concepts. Hence, one may expect free-rider behavior when conditions of Gesellschaft exist and trustful behavior when Gemeinschaft...

  20. Trusted cloud computing

    CERN Document Server

    Krcmar, Helmut; Rumpe, Bernhard

    2014-01-01

    This book documents the scientific results of the projects related to the Trusted Cloud Program, covering fundamental aspects of trust, security, and quality of service for cloud-based services and applications. These results aim to allow trustworthy IT applications in the cloud by providing a reliable and secure technical and legal framework. In this domain, business models, legislative circumstances, technical possibilities, and realizable security are closely interwoven and thus are addressed jointly. The book is organized in four parts on "Security and Privacy", "Software Engineering and

  1. Competition Fosters Trust

    DEFF Research Database (Denmark)

    Huck, Steffen; Ruchala, Gabriele K.; Tyran, Jean-Robert

    but is still at only a third of the first best. Adding more information by granting buyers access to all sellers’ complete history has, somewhat surprisingly, no effect. On the other hand, we find that competition, coupled with some minimal information, eliminates the trust problem almost completely......We study the effects of reputation and competition in a stylized market for experience goods. If interaction is anonymous, such markets perform poorly: sellers are not trustworthy, and buyers do not trust sellers. If sellers are identifiable and can, hence, build a reputation, efficiency quadruples...

  2. Banking system trust, bank trust, and bank loyalty

    NARCIS (Netherlands)

    van Esterik-Plasmeijer, P.; van Raaij, W.F.

    2017-01-01

    Purpose The purpose of this paper is to test a model of banking system trust as an antecedent of bank trust and bank loyalty. Six determinants of trust and loyalty are included: competence, stability, integrity, customer orientation, transparency, and value congruence. The study provides insights

  3. Constitutional Verbosity and Social Trust

    DEFF Research Database (Denmark)

    Bjørnskov, Christian; Voigt, Stefan

    2014-01-01

    A common argument in the trust literature is that high-trust cultures allow efficient commercial contracts to be shorter, covering fewer contingencies. We take this idea to the topic of social contracts. Specifically, we ask whether social trust affects the length and detail of constitutions. Cross......-country estimates suggest that national trust levels are indeed robustly and negatively associated with the length of countries’ constitutions....

  4. Creating trust through narrative strategy

    NARCIS (Netherlands)

    Gabbay, SM; Leenders, RTAJ

    2003-01-01

    In the rational model of trust, an actor's level of trust is a function of the expected gain and loss involved. As a consequence, if A can influence the gain and loss perceived by B, A can influence B's level of trust. In this article we study how A can do this through the strategic use of narrative

  5. Incremental Trust in Grid Computing

    DEFF Research Database (Denmark)

    Brinkløv, Michael Hvalsøe; Sharp, Robin

    2007-01-01

    This paper describes a comparative simulation study of some incremental trust and reputation algorithms for handling behavioural trust in large distributed systems. Two types of reputation algorithm (based on discrete and Bayesian evaluation of ratings) and two ways of combining direct trust and ...... of Grid computing systems....

  6. Trust, contract and relationship development

    NARCIS (Netherlands)

    Klein Woolthuis, R.J.A.; Hillebrand, B.; Nooteboom, B.

    2005-01-01

    This article contributes to the debate on the relation between trust and control in the management of inter-organizational relations. More specifically, we focus on the question how trust and formal contract are related. While there have been studies on whether trust and contract are substitutes or

  7. Trusting Relationships in International Politics

    DEFF Research Database (Denmark)

    Keating, Vincent Charles; Ruzicka, Jan

    2014-01-01

    How can trusting relationships be identified in international politics? The recent wave of scholarship on trust in International Relations answers this question by looking for one or the combination of three indicators – the incidence of cooperation; discourses expressing trust; or the calculated...

  8. Why Teachers Trust School Leaders

    Science.gov (United States)

    Handford, Victoria; Leithwood, Kenneth

    2013-01-01

    Purpose: Trust among teachers in schools is significantly related to student achievement and trust in school leaders is an important influence on such trust. The purpose of this study is to identify leadership practices which teachers interpret as signs of trustworthiness on the part of their principals. Design/methodology/approach: Evidence for…

  9. Creating trust through narrative strategy

    NARCIS (Netherlands)

    Gabbay, SM; Leenders, RTAJ

    2003-01-01

    In the rational model of trust, an actor's level of trust is a function of the expected gain and loss involved. As a consequence, if A can influence the gain and loss perceived by B, A can influence B's level of trust. In this article we study how A can do this through the strategic use of

  10. Why Teachers Trust School Leaders

    Science.gov (United States)

    Handford, Victoria; Leithwood, Kenneth

    2013-01-01

    Purpose: Trust among teachers in schools is significantly related to student achievement and trust in school leaders is an important influence on such trust. The purpose of this study is to identify leadership practices which teachers interpret as signs of trustworthiness on the part of their principals. Design/methodology/approach: Evidence for…

  11. Trust, contract and relationship development

    NARCIS (Netherlands)

    Klein Woolthuis, R.J.A.; Hillebrand, B.; Nooteboom, B.

    2005-01-01

    This article contributes to the debate on the relation between trust and control in the management of inter-organizational relations. More specifically, we focus on the question how trust and formal contract are related. While there have been studies on whether trust and contract are substitutes or

  12. Trust It or Trash It?

    Science.gov (United States)

    Trust It or Trash It? About | Contact | Español Tab 1 Tab 2 What is Trust It or Trash It? This is a tool to help you think ... here for the developer version. Home Who Said It? Who wrote it? Think about TRUSTING IT if: ...

  13. Trust transparency and PPP

    NARCIS (Netherlands)

    Lousberg, L.H.M.J.; Noorderhaven, N.

    2014-01-01

    This paper argues how transparency can increase trust and therefore indirectly enhances the results of Public Private Partnerships in complex construction projects. Complex construction projects, e.g. large infrastructure or urban development projects, with public client organizations and private co

  14. Initial Formation of Trust

    DEFF Research Database (Denmark)

    Schärfe, Henrik; Dougerthery, Elizabeth Ann

    2011-01-01

    In this paper we present a study of how touch may be used as a way of inducing trust in the meeting with a teloperated android, the Geminoid-DK. The use of hapics with Gestalt-based 'Balance Theory' is used as a persuasive desing of the interaction between human and robot. Balance theory includes...

  15. Trust, Collegiality, and Community

    Science.gov (United States)

    DeShaw, Michele

    2009-01-01

    The purpose of this study was to examine and describe the role of trust, a complex and understudied aspect of working relationships, among teachers in smaller learning communities (SLC). Based on a review of the literature, four kinds of interpersonal professional relationships were defined and described from individualism to community. An…

  16. Trust and Influence

    Science.gov (United States)

    2012-03-05

    Stokes – Dynamic Trust Model PI: Charlene Stokes (AFRL) Lab Task Drs. Lin ( Sunway U) and Chen (NICTA) Objective: Examine contextual factors...Media interests, possible co-funding Air University Culture & Language Center: focus is mainly on training related to language and culture Defense

  17. Pricing and Trust

    DEFF Research Database (Denmark)

    Huck, Steffen; Ruchala, Gabriele K.; Tyran, Jean-Robert

    We experimentally examine the effects of flexible and fixed prices in markets for experience goods in which demand is driven by trust. With flexible prices, we observe low prices and high quality in competitive (oligopolistic) markets, and high prices coupled with low quality in non...

  18. Initial Formation of Trust

    DEFF Research Database (Denmark)

    Schärfe, Henrik; Dougerthery, Elizabeth Ann

    2011-01-01

    In this paper we present a study of how touch may be used as a way of inducing trust in the meeting with a teloperated android, the Geminoid-DK. The use of hapics with Gestalt-based 'Balance Theory' is used as a persuasive desing of the interaction between human and robot. Balance theory includes...

  19. Towards a cross-cultural typologgy of trust in B2B food trade

    NARCIS (Netherlands)

    Hofstede, G.J.; Fritz, M.; Canavari, M.; Oosterkamp, E.B.; Sprundel, van G.J.F.T.

    2010-01-01

    Purpose – This paper aims to develop a hierarchical typology of trust elements for business-to-business trade among European companies in the food sector. Design/methodology/approach – The paper integrates desk research literature study and a qualitative survey of food industry companies. An extensi

  20. Four Essential Practices for Building Trust

    Science.gov (United States)

    Combs, Julie Peterson; Harris, Sandra; Edmonson, Stacey

    2015-01-01

    The presence of trust can enhance an organization's efforts to fulfill its mission, and the lack of trust can constrict those efforts. The authors offer four essential guidelines to help school leaders communicate in a way that builds trust. Build trust by understanding trust. Trusted leaders demonstrate care, character, and competence in their…

  1. Example models of building trust in supply chains of metalurgical enterprises

    Directory of Open Access Journals (Sweden)

    B. Gajdzik

    2012-10-01

    Full Text Available The article is an introduction to the notion of building trust in supply chains. Foreign publishers offer many articles connected with trust and some of the most important ones were quoted in this article. In business world there are models based on trust of the companies which are connected with one another and such models are very popular. Trust becomes the key link in the organisation of supply chains. It is one of the basic mechanisms of action co-ordination which provides the correctness of functioning in the whole chain. The growth of importance of trust between the links of the chain is also observed in metallurgy sector. For the purpose of this publication example models of supply chains structures were constructed in which relationships are based on mutual trust with characteristics of the metallurgical sector taken into account.

  2. 12 CFR 204.128 - Deposits at foreign branches guaranteed by domestic office of a depository institution.

    Science.gov (United States)

    2010-01-01

    ... SYSTEM BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM RESERVE REQUIREMENTS OF DEPOSITORY INSTITUTIONS.... (b) Section 19 of the Federal Reserve Act which establishes reserve requirements does not apply to... in 1918 that the requirements of section 19 as to reserves to be carried by member banks do not apply...

  3. 5 CFR 3201.103 - Prohibition on acquisition, ownership, or control of securities of FDIC-insured depository...

    Science.gov (United States)

    2010-01-01

    ...-split, involuntary stock dividend, merger, acquisition, or other change in corporate ownership, exercise... 5 Administrative Personnel 3 2010-01-01 2010-01-01 false Prohibition on acquisition, ownership, or... acquisition, ownership, or control of securities of FDIC-insured depository institutions and certain...

  4. 12 CFR 204.131 - Participation by a depository institution in the secondary market for its own time deposits.

    Science.gov (United States)

    2010-01-01

    ... RESERVE SYSTEM BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM RESERVE REQUIREMENTS OF DEPOSITORY... designed to distinguish between time deposits and demand deposits for federal reserve requirement purposes... also used to distinguish between types of deposits for reserve requirement purposes. Effective April...

  5. Implications of Harmonizing the Future of the Federal Depository Library Program within E-Government Principles and Policies

    Science.gov (United States)

    Shuler, John A.; Jaeger, Paul T.; Bertot, John Carlo

    2010-01-01

    For more than 150 years, the United States Government Printing Office (GPO), along with its Federal Depository Library Program (FDLP), has supported an informed citizenry and democracy by ensuring access and preservation to a broad swath of federal government information. This collaborative national public information program between local…

  6. 17 CFR 1.44 - Records and reports of warehouses, depositories, and other similar entities; visitation of premises.

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Records and reports of warehouses, depositories, and other similar entities; visitation of premises. 1.44 Section 1.44 Commodity and Securities Exchanges COMMODITY FUTURES TRADING COMMISSION GENERAL REGULATIONS UNDER THE COMMODITY EXCHANGE...

  7. Homo economicus belief inhibits trust.

    Directory of Open Access Journals (Sweden)

    Ziqiang Xin

    Full Text Available As a foundational concept in economics, the homo economicus assumption regards humans as rational and self-interested actors. In contrast, trust requires individuals to believe partners' benevolence and unselfishness. Thus, the homo economicus belief may inhibit trust. The present three experiments demonstrated that the direct exposure to homo economicus belief can weaken trust. And economic situations like profit calculation can also activate individuals' homo economicus belief and inhibit their trust. It seems that people's increasing homo economicus belief may serve as one cause of the worldwide decline of trust.

  8. Homo economicus belief inhibits trust.

    Science.gov (United States)

    Xin, Ziqiang; Liu, Guofang

    2013-01-01

    As a foundational concept in economics, the homo economicus assumption regards humans as rational and self-interested actors. In contrast, trust requires individuals to believe partners' benevolence and unselfishness. Thus, the homo economicus belief may inhibit trust. The present three experiments demonstrated that the direct exposure to homo economicus belief can weaken trust. And economic situations like profit calculation can also activate individuals' homo economicus belief and inhibit their trust. It seems that people's increasing homo economicus belief may serve as one cause of the worldwide decline of trust.

  9. HMM-based Trust Model

    DEFF Research Database (Denmark)

    ElSalamouny, Ehab; Nielsen, Mogens; Sassone, Vladimiro

    2010-01-01

    with their dynamic behaviour. Using Hidden Markov Models (HMMs) for both modelling and approximating the behaviours of principals, we introduce the HMM-based trust model as a new approach to evaluating trust in systems exhibiting dynamic behaviour. This model avoids the fixed behaviour assumption which is considered...... the major limitation of existing Beta trust model. We show the consistency of the HMM-based trust model and contrast it against the well known Beta trust model with the decay principle in terms of the estimation precision....

  10. Modeling trust context in networks

    CERN Document Server

    Adali, Sibel

    2013-01-01

    We make complex decisions every day, requiring trust in many different entities for different reasons. These decisions are not made by combining many isolated trust evaluations. Many interlocking factors play a role, each dynamically impacting the others.? In this brief, 'trust context' is defined as the system level description of how the trust evaluation process unfolds.Networks today are part of almost all human activity, supporting and shaping it. Applications increasingly incorporate new interdependencies and new trust contexts. Social networks connect people and organizations throughout

  11. 26 CFR 1.851-1 - Definition of regulated investment company.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 9 2010-04-01 2010-04-01 false Definition of regulated investment company. 1...) INCOME TAX (CONTINUED) INCOME TAXES Regulated Investment Companies and Real Estate Investment Trusts § 1.851-1 Definition of regulated investment company. (a) In general. The term “regulated...

  12. 75 FR 75708 - American United Life Insurance Company, et al.; Notice of Application

    Science.gov (United States)

    2010-12-06

    ... COMMISSION American United Life Insurance Company, et al.; Notice of Application November 30, 2010. AGENCY... securities. Applicants: American United Life Insurance Company (``AUL''), AUL American Unit Trust (``AUL.... Applicants: c/o Richard M. Ellery, Esq., American United Life Insurance Company, One American...

  13. 77 FR 22516 - Certain Transfers of Property to Regulated Investment Companies [RICs] and Real Estate Investment...

    Science.gov (United States)

    2012-04-16

    ... Companies and Real Estate Investment Trusts AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice... transfers of property from a C corporation to a Regulated Investment Company (RIC) or a Real Estate... may not be circumvented * * * through the use of a regulated investment company, a real estate...

  14. A New Role for Emergency Management: Fostering Trust to Enhance Collaboration in Complex Adaptive Emergency Response Systems

    Science.gov (United States)

    2009-12-01

    Rebecca Rehfeld (2001) in her doctoral dissertation, “Organizational Trust and Intelligence: An Appreciative Inquiry into the Language of the Twenty...Norton and Company. Rehfeld, R.E. (2001). Organizational trust and intelligence: an appreciative inquiry into the language of the twenty-first century

  15. Company analysis

    DEFF Research Database (Denmark)

    Jenster, Per V.; Hussey, David

    This volume looks at the company appraisal as a whole, examining the continuing need to appraise companies as part of the continuing strategy process. Building from a sound basis of theory, the text aims to be practical and to give guidance to senior managers and others involved in the strategy...... process. It is thus a book primarily aimed at managers, but should also be useful for MBA students undertaking strategy assignments It provides helpful, practical guidance and identifies weaknesses of traditional methods. It also presents a variety of tools which may be used in the appraisal process...

  16. Globalization and Trust: Non-financial Information

    Directory of Open Access Journals (Sweden)

    Oscar Banda Lefaure

    2015-09-01

    Full Text Available Changes in the way of doing business that have resulted from globalization of markets have enabled countless benefits, but also a significant number of risks, that have been evident as since 2001 revelations about financial scandals around the world have occurred one after another. These unfortunate events showed the vulnerability to which investors (and other stakeholders are exposed for not having timely, clear and accurate information of the business progress in which they invest, and therefore not being able to take precautions. In addition, these business disasters have shown how the most unscrupulous executives do not hesitate to act illegally to hide their shady financial and accounting manoeuvres, in order to promote their personal benefit. Then the executive compensations policy lies behind. At this juncture, the importance of migrating to a new model of disclosure where the global financial community can take shelter of these malpractices and trust the board controls and the management stablishes has been increasing. This new model of disclosure has one of its pillars in non-financial information reports. This is not an alchemist solution, but is one of many efforts to be undertaken by companies to recover damaged trust. The international financial crisis affecting the world economy at the moment is another example of the need to give greater trust to the stakeholders –through transparency in the information they provide–. Only then, their participation in the capital market will be maintained and increased, and the costs that brings widespread lack of trust in which we live will be reduced.

  17. Trust in Internet Election

    DEFF Research Database (Denmark)

    Markussen, Randi; Ronquillo, Lorena; Schürmann, Carsten

    2014-01-01

    This paper discusses the Decryption and Counting Ceremony held in conjunction with the internet voting trial on election day in the Ministry of Local Government and Regional Development of Norway in 2013. We examine the organizers' ambition of making the decryption and counting of electronic votes...... public in order to sustain trust in internet voting. We introduce a pragmatic approach to trust that emphasises the inseparability of truth from witnessing it. Based on this and on a description of how the event was made observable and how the complexities in the counting process were disclosed, we...... discuss what we term economy of truth from the perspective of the IT community involved in the ceremony. We claim that broadening the economy of truth by including more explicitly social and political perspectives in the ceremony, and in internet elections in general, and how witnessing is brought about...

  18. Trust and Corruption

    DEFF Research Database (Denmark)

    Graeff, Peter; Svendsen, Gert Tinggaard

    2013-01-01

    Why are the Scandinavian countries in the European Union significantly richer than South-ern/Eastern European countries? We try to answer this question from an empirical social capital perspective. In particular, we are interested in the interplay of social trust as a positive and corruption...... capital by applying a path model that accounts for Granger-like causal effects. Our empirical results, referring to a sample of up to 25 EU countries, show that corruption might harm poor European countries but is not able to affect social trust. However, corruption in itself means that resources end up...... in the wrong places and not in socioeconomically optimal investments. There is, therefore, a direct damaging effect of corruption on wealth. This implies that economic actors have to invest higher transaction and control costs which will bind resources to non-productive purposes and thus destroy economic...

  19. Trust and Corruption

    DEFF Research Database (Denmark)

    Graeff, Peter; Svendsen, Gert Tinggaard

    2013-01-01

    Why are the Scandinavian countries in the European Union significantly richer than South-ern/Eastern European countries? We try to answer this question from an empirical social capital perspective. In particular, we are interested in the interplay of social trust as a positive and corruption...... capital by applying a path model that accounts for Granger-like causal effects. Our empirical results, referring to a sample of up to 25 EU countries, show that corruption might harm poor European countries but is not able to affect social trust. However, corruption in itself means that resources end up...... in the wrong places and not in socioeconomically optimal investments. There is, therefore, a direct damaging effect of corruption on wealth. This implies that economic actors have to invest higher transaction and control costs which will bind resources to non-productive purposes and thus destroy economic...

  20. Trust in agile teams

    DEFF Research Database (Denmark)

    Tjørnehøj, Gitte; Fransgård, Mette; Skalkam, Signe

    2012-01-01

    Abstract. Distributed software development (DSD) is becoming everyday practice in the software field. Difficult challenges and difficulty reaching the expected benefits are well documented. The key challenges are communication, coordination and control issues due to temporal, geographical and socio...... of the problems of DSD. However important incompatibilities between the challenges of DSD and the key tenets of agility exist and achieving a beneficially balanced agile practice in DSD can be difficult. Trust could be the key to this, since trust is crucial for the necessary corporate behavior that leads to team......-cultural distance. Many solutions have been suggested, ranging form arranging outsourcing to avoid the need for close distributed collaboration, to minimizing the distances and to alleviating the effects of the distances. Recently agile software development methods are reported as successful solutions to many...

  1. Trust and Estate Planning

    DEFF Research Database (Denmark)

    Harrington, Brooke

    2012-01-01

    , these professionals keep a significant portion of the world’s private wealth beyond the reach of the state. Trust and estate planning thus contributes to creating and maintaining socioeconomic inequality on a global scale. The significance of the profession has grown as wealth itself has become more fungible......, spurring innovation in legal, organizational, and financial strategies, and thwarting a myriad of laws and policies designed to limit enduring inequality in modern, democratic societies....

  2. The Dimensionality of Trust

    Science.gov (United States)

    2016-06-07

    comportementales, la théorie organisationnelle , les relations humaines, ainsi que les théories et la recherche applicables au milieu militaire. Les...FACTORS THAT PROMOTE AND MAINTAIN DISTRUST.......................................... 76 TABLE 6: RESEARCHING HOW DISTRUST IMPACTS ON TEAM PERFORMANCE ...Trust Humansystems® 1.4 Work Items The following work items were performed : • A search of the literature to identify relevant journal articles

  3. Trusted Emergency Management

    Science.gov (United States)

    2009-03-01

    information that can enable effective emergency response relate to: • Physical security– building plans , transportation logistics, critical control...of government plans ” and information about chemical/biological warfare supplies and antidotes. • Trade secrets – the inner workings of...E. Irvine, T. E. Levin, T. D. Nguyen, and T. M. Vidas , SecureCore software architecture: Trusted path application (TPA) requirements, Tech. Rep. NPS

  4. Trust in Digital Repositories

    Directory of Open Access Journals (Sweden)

    Elizabeth Yakel

    2013-06-01

    Full Text Available ISO 16363:2012, Space Data and Information Transfer Systems - Audit and Certification of Trustworthy Digital Repositories (ISO TRAC, outlines actions a repository can take to be considered trustworthy, but research examining whether the repository’s designated community of users associates such actions with trustworthiness has been limited. Drawing from this ISO document and the management and information systems literatures, this paper discusses findings from interviews with 66 archaeologists and quantitative social scientists. We found similarities and differences across the disciplines and among the social scientists. Both disciplinary communities associated trust with a repository’s transparency. However, archaeologists mentioned guarantees of preservation and sustainability more frequently than the social scientists, who talked about institutional reputation. Repository processes were also linked to trust, with archaeologists more frequently citing metadata issues and social scientists discussing data selection and cleaning processes. Among the social scientists, novices mentioned the influence of colleagues on their trust in repositories almost twice as much as the experts. We discuss the implications our findings have for identifying trustworthy repositories and how they extend the models presented in the management and information systems literatures.

  5. Fully Countering Trusting Trust through Diverse Double-Compiling

    CERN Document Server

    Wheeler, David A

    2010-01-01

    An Air Force evaluation of Multics, and Ken Thompson's Turing award lecture ("Reflections on Trusting Trust"), showed that compilers can be subverted to insert malicious Trojan horses into critical software, including themselves. If this "trusting trust" attack goes undetected, even complete analysis of a system's source code will not find the malicious code that is running. Previously-known countermeasures have been grossly inadequate. If this attack cannot be countered, attackers can quietly subvert entire classes of computer systems, gaining complete control over financial, infrastructure, military, and/or business systems worldwide. This dissertation's thesis is that the trusting trust attack can be detected and effectively countered using the "Diverse Double-Compiling" (DDC) technique, as demonstrated by (1) a formal proof that DDC can determine if source code and generated executable code correspond, (2) a demonstration of DDC with four compilers (a small C compiler, a small Lisp compiler, a small malic...

  6. Company profile

    Institute of Scientific and Technical Information of China (English)

    2006-01-01

    @@ Datacon was founded in 1986 and, since the beginning of 2005, has been part of the Dutch Besi group (BE Semiconductor Industries N.V.), an international group of companies operating in the semiconductor industry. Besi is a leading manufacturer of semiconductor die sorting, die bonding, packaging and plating equipment and provides the most cost efficient solution for RFID inlay production.

  7. Environmental protection problems in the vicinity of the Zelazny most flotation wastes depository in Poland.

    Science.gov (United States)

    Lasocki, Stanislaw; Antoniuk, Janusz; Moscicki, Jerzy

    2003-08-01

    The Zelazny Most depository of wastes from copper-ore processing, located in southwest Poland, is the largest mineral wastes repository in Europe. Moreover, it is located in a seismically active area. The seismicity is induced and is connected with mining works in the nearby underground copper mines. Any release of the contents of the repository to the environment could have devastating and even catastrophic consequences. For this reason, geophysical methods are used for continuous monitoring the state of the repository containment dams. The article presents examples of the application of geoelectric methods for detecting sites of leakage of contaminated water and a sketch of the seismic hazard analysis, which was used to predict future seismic vibrations of the repository dams.

  8. Administrivia Depository

    Data.gov (United States)

    National Aeronautics and Space Administration — Items are added to this page that pertain to administrivial matters for AePW-1. These include the workshop attendees lists, analysts lists, agenda, etc. (Or at least...

  9. Towards a politics of trust.

    Science.gov (United States)

    Gilbert, T

    1998-05-01

    This paper draws upon sociological theory to demonstrate that the manufacture and deployment of trust is an integral part of the function of complex systems such as health care. The discussion begins by identifying the error within the nursing literature which arises from a rather technical conceptualization of trust. This tends to limit the dimensions to trust which is established, and fails to recognize that trust may be subject to competition and conflict. The paper continues by drawing upon the work of two theorists, Niklas Luhmann and Susan P. Shapiro, to demonstrate how trust functions within systems such as health care and the mechanisms through which it is controlled. The title of this paper, 'Towards a politics of trust', identifies that this is merely the first stage in the analysis. Further stages are necessary which analyse the ways in which power is exercised in the conflict for control within discrete elements of the system.

  10. Optimal Distinctiveness Signals Membership Trust.

    Science.gov (United States)

    Leonardelli, Geoffrey J; Loyd, Denise Lewin

    2016-07-01

    According to optimal distinctiveness theory, sufficiently small minority groups are associated with greater membership trust, even among members otherwise unknown, because the groups are seen as optimally distinctive. This article elaborates on the prediction's motivational and cognitive processes and tests whether sufficiently small minorities (defined by relative size; for example, 20%) are associated with greater membership trust relative to mere minorities (45%), and whether such trust is a function of optimal distinctiveness. Two experiments, examining observers' perceptions of minority and majority groups and using minimal groups and (in Experiment 2) a trust game, revealed greater membership trust in minorities than majorities. In Experiment 2, participants also preferred joining minorities over more powerful majorities. Both effects occurred only when minorities were 20% rather than 45%. In both studies, perceptions of optimal distinctiveness mediated effects. Discussion focuses on the value of relative size and optimal distinctiveness, and when membership trust manifests.

  11. Forms, Sources and Processes of Trust

    NARCIS (Netherlands)

    Nooteboom, B.

    2006-01-01

    This chapter reviews some key points in the analysis of trust, based on Nooteboom (2002)i.The following questions are addressed.What can we have trust in?What is the relation between trust and control?What are the sources of trust? And what are its limits?By what process is trust built up and broken

  12. A Requisite for Employee Trust: Leadership.

    Science.gov (United States)

    Hart, Kerry Marshall

    1988-01-01

    Provides background on organizational trust as product of need satisfaction and presents framework for understanding organizational trust with regard to theoretical differentiation of personal trust and system trust. Defines three factors of organizational trust: openness/congruity, shared values, and autonomy/feedback. Discusses how supervisors…

  13. Trust as a Critical Concept

    DEFF Research Database (Denmark)

    Bordum, Anders

    2004-01-01

    In this articlei I will argue that trust is a fundamental and critical concept because trust is the direct or transcendental constitutive ground of most social phenomena, as well as applicable as an operational method in critical theory. There are two different but overlapping positions on trust I...... address in this article. One is the standpoint we find in business strategy, that trust is naïve to show, and control or contracts are presumed better. In the strategy game the idealistic good guys seems to lose (Arrow 1974), (Williamson 1975). The other position is the position taken by systems theory...

  14. Designing High-Trust Organizations

    DEFF Research Database (Denmark)

    Jagd, Søren

    the existing management and research literature on building high-trust organizations. Then I explore Alan Fox’s (1974) analysis of low-trust vs. high-trust dynamics which, I argue, may serve as a theoretically stronger basis for understanding the issues management have to consider when designing hightrust......The specific problem considered in this paper is what are the key issues to consider for managers involved in designing high-trust organizations, a design problem still not properly explored. This paper intends to take the first step in filling this lacuna. In the paper, I first present...... organizations...

  15. Consumer Trust in Information Sources

    Directory of Open Access Journals (Sweden)

    Brad Love

    2013-06-01

    Full Text Available Trust is essential to understanding public reaction to innovative issues. This research focuses on trust in information sources by explicating the construct of trust and testing a comprehensive model on several information sources about genetically modified foods. Results from a survey of 369 participants reveal the significance of projecting competence and the role of the environment in which a target public receives information. Perceptions of regulatory, social, business, and technical environments affect how likely individuals are to follow advice from institutions like the Food and Drug Administration and the news media. Future research should incorporate knowledge levels and personal relevance as variables likely to influence trusting relationships.

  16. Mediating Trust in Terrorism Coverage

    DEFF Research Database (Denmark)

    Mogensen, Kirsten

    Mass mediated risk communication can contribute to perceptions of threats and fear of “others” and/or to perceptions of trust in fellow citizens and society to overcome problems. This paper outlines a cross-disciplinary holistic framework for research in mediated trust building during an acute...... crisis. While the framework is presented in the context of television coverage of a terror-related crisis situation, it can equally be used in connection with all other forms of mediated trust. Key words: National crisis, risk communication, crisis management, television coverage, mediated trust....

  17. 75 FR 10485 - Formations of, Acquisitions by, and Mergers of Bank Holding Companies

    Science.gov (United States)

    2010-03-08

    ... Bank & Trust Company, Lexington, Kentucky, Central Bank of Jefferson County, Louisville, Kentucky, and... applied to acquire Central Bank, FSB, Nicholasville, Kentucky, and thereby engage in operating a savings... Central Bancshares, Inc., Lexington, Kentucky, and thereby acquire voting shares of Central Bank & Trust...

  18. Trust is other people

    DEFF Research Database (Denmark)

    Luckner, Naemi; Werner, Katharina; Subasi, Özge

    , the Internet is often experienced as a place of anonymity, and people are scared of the ’figurative creep’ lurking behind every dark corner. This view on online environments can be a reason for potential sharers not to use sharing platforms. To explore how people view such issues, we conducted an open...... concerning the interaction with strangers through the platform. Putting trust in an online sharing community seems to be the biggest obstacle that influences whether people draw away rather than move closer together and start collaborating in the sharing community. Here, we report on the main issues...

  19. Pricing and Trust

    DEFF Research Database (Denmark)

    Huck, Steffen; Ruchala, Gabriele K.; Tyran, Jean-Robert

    We experimentally examine the effects of flexible and fixed prices in markets for experience goods in which demand is driven by trust. With flexible prices, we observe low prices and high quality in competitive (oligopolistic) markets, and high prices coupled with low quality in non-competitive...... (monopolistic) markets. We then introduce a regulated intermediate price above the oligopoly price and below the monopoly price. The effect in monopolies is more or less in line with standard intuition. As price falls volume increases and so does quality, such that overall efficiency is raised by 50%. However...

  20. Trust for intelligent recommendation

    CERN Document Server

    Bhuiyan, Touhid

    2013-01-01

    Recommender systems are one of the recent inventions to deal with the ever-growing information overload in relation to the selection of goods and services in a global economy. Collaborative Filtering (CF) is one of the most popular techniques in recommender systems. The CF recommends items to a target user based on the preferences of a set of similar users known as the neighbors, generated from a database made up of the preferences of past users. In the absence of these ratings, trust between the users could be used to choose the neighbor for recommendation making. Better recommendations can b

  1. The Need to Trust and to Trust More Wisely in Academe

    Science.gov (United States)

    Bowman, Richard F.

    2012-01-01

    Where trust is an issue, there is no trust. Trust in diverse organizations has never been lower. A shadow of doubt stalks one's every decision to trust collegially and institutionally. Still, colleagues sense intuitively that institutions cannot function optimally without a bedrock level of trust. In academic life, trust is a form of social…

  2. Maintaining control while delegating trust: Integrity constraints in trust management

    NARCIS (Netherlands)

    Etalle, Sandro; Winsborough, William H.

    2009-01-01

    We introduce the use, monitoring, and enforcement of integrity constraints in trust management-style authorization systems. We consider what portions of the policy state must be monitored to detect violations of integrity constraints. Then, we address the fact that not all participants in a trust-ma

  3. Generalized Trust and Trust in Institutions in Confucian Asia

    Science.gov (United States)

    Tan, Soo Jiuan; Tambyah, Siok Kuan

    2011-01-01

    This study examines generalized trust and trust in institutions in Confucian Asia, covering six countries namely, China, Japan, Singapore, South Korea, Taiwan and Vietnam, and one dependent region, Hong Kong. Using data from the 2006 AsiaBarometer Survey, our study affirms the reliability and validity of using a two-item scale to measure…

  4. Trust beyond reputation: A computational trust model based on stereotypes

    CERN Document Server

    Liu, Xin; Rzadca, Krzysztof

    2011-01-01

    Trust plays important roles in diverse, large scale, open environments. Computational trust models help to, for instance, guide users' judgements in online auction sites about other users; or determine quality of contributions in web 2.0 sites. Most existing trust models, however, require historical information about past behavior of a specific agent in question -- information that is not always available. In contrast, in real life interactions, in order to make the first guess about the trustworthiness of a stranger, we commonly use our "instinct" -- essentially stereotypes developed from our past interactions with "similar" other people. In this paper, we propose StereoTrust, a computational trust model inspired by use of stereotypes in real life. A stereotype contains certain features of agents and an expected outcome of the transaction. These features can be taken from the agents' profile information, or the agents' observed behavior. When facing a stranger, the stereotypes matching stranger's profile are...

  5. The Effect of Social Trust on Citizens’ Health Risk Perception in the Context of a Petrochemical Industrial Complex

    Science.gov (United States)

    López-Navarro, Miguel Ángel; Llorens-Monzonís, Jaume; Tortosa-Edo, Vicente

    2013-01-01

    Perceived risk of environmental threats often translates into psychological stress with a wide range of effects on health and well-being. Petrochemical industrial complexes constitute one of the sites that can cause considerable pollution and health problems. The uncertainty around emissions results in a perception of risk for citizens residing in neighboring areas, which translates into anxiety and physiological stress. In this context, social trust is a key factor in managing the perceived risk. In the case of industrial risks, it is essential to distinguish between trust in the companies that make up the industry, and trust in public institutions. In the context of a petrochemical industrial complex located in the port of Castellón (Spain), this paper primarily discusses how trust—both in the companies located in the petrochemical complex and in the public institutions—affects citizens’ health risk perception. The research findings confirm that while the trust in companies negatively affects citizens’ health risk perception, trust in public institutions does not exert a direct and significant effect. Analysis also revealed that trust in public institutions and health risk perception are essentially linked indirectly (through trust in companies). PMID:23337129

  6. SAFER - Company Snapshot - SAFER - Company Snapshot

    Data.gov (United States)

    Department of Transportation — The Company Snapshot is a concise electronic record of company identification, size, commodity information, and safety record, including the safety rating (if any),...

  7. The Effects and Information Cost of Trust in Family-run Enterprises

    Institute of Scientific and Technical Information of China (English)

    LiGengyin; WangXiaoxian

    2005-01-01

    Trust plays a critical role in the growth of a family-run enterprise. Because the role of trust in relationships between proprietors and managers differs between different family-run enterprises, information costs vary greatly between enterprises. Generally speaking, in traditionally managed family enterprises the degree of mutual trust between leaders and between staff and workers is high and hence information costs are relatively low. In this sense, family enterprises cannot be regarded as a backward management system. Although there is a universal tendency for family-owned businesses to make the transition to a modemized system of share-holding companies,

  8. Towards a Formal Notion of Trust

    DEFF Research Database (Denmark)

    Nielsen, Mogens; Krukow, Karl Kristian

    2003-01-01

    Trust management systems have been proposed as an alternative to traditional security mechanisms in Global Computing. We present some challenges in establishing a formal foundation for the notion of trust, and some preliminary ideas towards a category of trust models.......Trust management systems have been proposed as an alternative to traditional security mechanisms in Global Computing. We present some challenges in establishing a formal foundation for the notion of trust, and some preliminary ideas towards a category of trust models....

  9. Trust and Financial Crisis Experiences

    NARCIS (Netherlands)

    van der Cruijsen, Carin; de Haan, Jakob; Jansen, David-Jan

    2016-01-01

    Using eight annual household surveys for the Netherlands between 2006 and 2013, we find that respondents' personal adverse financial crisis experiences do not only reduce their trust in banks, but also have an immediate negative effect on generalized trust. Respondents who were customers of a bank t

  10. International trust and public diplomacy

    DEFF Research Database (Denmark)

    Mogensen, Kirsten

    2015-01-01

    -building perspective: Iranian President Hassan Rouhani's letter in The Washington Post, The British Council's strategy for trust building in China, Russian President Vladimir V. Putin's letter in The New York Times, and the USA's trust-building effort in Turkey. The analyses are based on already publicized...

  11. Trust and New Communication Technologies

    DEFF Research Database (Denmark)

    Ess, Charles

    2010-01-01

    I approach philosophical analyses of the phenomenon of trust vis-à-vis online communication, beginning with an overview from within the framework of computer-mediated communication (CMC) of concerns and paradigmatic failures of trust in the history of online communication. I turn to more directly...

  12. Trust and Sensemaking in Organizations

    DEFF Research Database (Denmark)

    Fuglsang, Lars; Jagd, Søren; Olsen, Poul Bitsch

    the two streams of literature (Meyerson et al. 1996; Adobor 2005; Wright and Ehnert 2006), no explicit attempts have until now been made to analyse how these two perspectives may be related. This paper argues that sensemaking can be seen as an endogenous perspective on organizational processes that can......The literature on trust and the literature on sensemaking constitute two separate streams of literature that are both seen as highly relevant to understanding organisational processes in modern complex high-trust organisations. However, though a few studies have argued for the relevance of linking...... help furthering the understanding of trust processes in organizations. The variety of links between sensemaking and trust processes is illustrated by the intertwining of trust and four processes of sensemaking: arguing, expecting, committing and manipulation identified by Karl Weick....

  13. In the CJEU Judges Trust

    DEFF Research Database (Denmark)

    Mayoral, Juan A.

    2016-01-01

    This article aims to highlight the relevance of judicial trust in international courts, focusing on national judges' trust in the Court of Justice of the European Union (CJEU). EU scholars have put a great deal of effort into explaining how legal and political factors affect the use of preliminary...... references by national courts. However, there is still a gap in the literature on the development of trust as a functional principle encouraging co-operation between national and international courts. This article explores the nature, causes and potentials of judicial trust for the EU judicial system....... A theory is offered in the article, which links national judges' trust in the CJEU to their corporatist identification and profile, to their attitudes towards the EU, and to their beliefs about the CJEU's ability to provide decisions that: 1) offer a clear guidance on European Union law, and 2...

  14. Trust me, I am Robot!

    DEFF Research Database (Denmark)

    Stoyanova, Angelina; Drefeld, Jonas; Tanev, Stoyan

    of the emerging trust relationship is a key component of the use value of the robotic system and of the value proposition of the robotic system producers. The study is based on a qualitative research approach combining the phenomenological research paradigm with a grounded theory building approach based...... on multiple case studies. The investigation so far suggests that it will be necessary to conceptualize three types of trust – interpersonal, social trust and trust in automation. This knowledge is incorporated in a descriptive model that could be used by technology and application designers....../developers to further refine their product design. The paper will conclude with a more detailed conceptual analysis of interpersonal trust in human-technology interactions. The personalization of technological artifacts or assigning personality to active objects has been considered as natural to human beings (Gombrich...

  15. Towards Trust Engineering for Opportunistic Cloud Services

    DEFF Research Database (Denmark)

    Kuada, Eric

    2014-01-01

    The systematic review methodology has been employed to review trust related studies in cloud computing. It was observed that trusted computing technologies and reputation based approaches are the main approaches to trust engineering in cloud computing. Also, trusted third party approaches...... and the deployment model play a significant role in enhancing trust between service providers and consumers. It was observed that the concept of trust is used loosely without any formal specification in cloud computing discussions and trust engineering in general. As a first step towards addressing this problem, we...... have contextualized the formal trust specification in multi-agent environments for cloud computing....

  16. Trusted Data Repositories

    Science.gov (United States)

    Giaretta, D.

    2008-08-01

    Data is valuable, expensive to create, and may be impossible to re-create, so who can be trusted to look after it in the long term? This is a question which applies to all the types of digital data on which most astronomical research, and much of the rest of civilisation, depends. This talk will outline the work which has been, and continues to be, carried out to provide an answer to the question of how to judge whether any given data repository is up to the task and deserves to be funded. The OAIS Reference Model (ISO 14721) forms the basis of most serious work on digital preservation and the aim of the work described here is to build on OAIS to create an international standard on which an accreditation and certification process can be based. The talk will touch on some of the fundamental ideas about preservation of digital objects and on ways to detect preservation snakeoil salesmen.

  17. The Business of Trust.

    Science.gov (United States)

    Frisse, Mark E

    2016-04-01

    New mobile devices, social networks, analytics, and communications technologies are emerging at an unparalleled rate. As a result, academic health centers will face both new opportunities and formidable challenges. Unlike previous transitions from paper-based systems to networked computer systems, these new technologies are the product of new entrepreneurial and commercial interests driven by consumers. As these new commercial products and services are more widely adopted, the likelihood grows that data will be used in unanticipated ways inconsistent with societal norms. Academic health centers will have to understand the implications of these technologies and engage more actively in processes governing the collection, aggregation, and use of health data produced in a new era of consumer-driven health care technology. Maintaining public trust should be a paramount concern.

  18. An Operational Semantics for Trust Policies

    DEFF Research Database (Denmark)

    Krukow, Karl Kristian

    2005-01-01

    In the trust-structure model of trust management, principals specify their trusting relationships with other principals in terms of trust policies. In their paper on trust structures, Carbone et al. present a language for trust policies, and provide a suitable denotational semantics. The semantics...... ensures that for any collection of trust policies, there is always a unique global trust-state, compatible with all the policies, specifying everyone's degree of trust in everyone else. However, as the authors themselves point out, the language lacks an operational model: the global trust-state is a well...... of trust policies. The operational semantics is given in terms of a composition of I/O automata. We prove that this semantics is faithful to its corresponding denotational semantics, in the sense that any run of the I/O automaton ``converges to'' the denotational semantics of the policies. Furthermore...

  19. ComTrustO: Composite Trust-Based Ontology Framework for Information and Decision Fusion

    Science.gov (United States)

    2015-07-06

    ComTrustO: Composite Trust-based Ontology Framework for Information and Decision Fusion Alessandro Oltramari Carnegie Mellon University Pittsburgh... ontology -based framework for information fusion, as a support system for human decision makers. In particular, we build upon the concept of composite...multidimensional trust, we construct a composite trust ontology framework, called ComTrustO, that embraces four trust ontologies , one for each trust type. We

  20. Model of trust in work groups

    Directory of Open Access Journals (Sweden)

    Sidorenkov, Andrey V.

    2013-09-01

    Full Text Available A multi-dimensional model of trust in a small group has been developed and approved. This model includes two dimensions: trust levels (interpersonal trust, micro-group trust, group trust, trust between subgroups, trust between subgroups and group and types of trust (activity-coping, information-influential and confidentially-protective trust. Each level of trust is manifested in three types, so there are fifteen varieties of trust. Two corresponding questionnaires were developed for the study. 347 persons from 32 work groups participated in the research. It was determined that in a small group there is an asymmetry of trust levels within the group. In particular, micro-group trust is demonstrated the most in comparison with other trust levels. There is also an asymmetry in the manifestation of interpersonal trust in a group structure. This is demonstrated by the fact that in informal subgroups, in comparison with a group as a whole, interpersonal confidential and performance trust is the most manifested. In a small group and in informal subgroups there are relationships between trust levels which have certain regularities.

  1. FINNISH ONLINE STORE TO RUSSIA – CASE COMPANY X

    OpenAIRE

    Hirvonen, Susanna

    2015-01-01

    The purpose of this research is to provide a framework in the context of online store usability for the case company X and other Finnish online store companies. If they decide to operate in the Russian online market, they may have a better chance to succeed due to this framework. This study is strictly focused on online store usability. The study reveals whether usability can be defined as the key issue in gaining the trust of Russian online consumers. Qualitative research methods w...

  2. Understanding Trust in Financial Services

    DEFF Research Database (Denmark)

    Hansen, Torben

    2012-01-01

    , respectively. In addition, the results marginally indicate that broad-scope trust negatively moderates the relationship between consumer financial knowledge and narrow-scope trust. This study encourages public policy makers, consumer organizations, and financial service providers to continue, improve, and...... their customers and/or in improving their financial healthiness........ This research extends prior research by developing a conceptual framework explaining how these constructs affect consumers' trust in their financial service provider. Based on two surveys comprising 764 pension consumers and 892 mortgage consumers, respectively, the results of this study indicate that financial...

  3. Trust Propagation in Small Worlds

    DEFF Research Database (Denmark)

    Gray, Elizabeth; Seigneur, Jean-Marc; Chen, Yong

    2003-01-01

    The possibility of a massive, networked infrastructure of diverse entities partaking in collaborative applications with each other increases more and more with the proliferation of mobile devices and the development of ad hoc networking technologies. In this context, traditional security measures...... do not scale well. We aim to develop trust-based security mechanisms using small world concepts to optimise formation and propagation of trust amongst entities in these vast networks. In this regard, we surmise that in a very large mobile ad hoc network, trust, risk, and recommendations can...

  4. Trust management in cloud services

    CERN Document Server

    Noor, Talal H; Bouguettaya, Athman

    2014-01-01

    This book describes the design and implementation of Cloud Armor, a novel approach for credibility-based trust management and automatic discovery of cloud services in distributed and highly dynamic environments. This book also helps cloud users to understand the difficulties of establishing trust in cloud computing and the best criteria for selecting a service cloud. The techniques have been validated by a prototype system implementation and experimental studies using a collection of real world trust feedbacks on cloud services.The authors present the design and implementation of a novel pro

  5. The effect of propensity to trust and perceptions of trustworthiness on trust behaviors in dyads.

    Science.gov (United States)

    Alarcon, Gene M; Lyons, Joseph B; Christensen, James C; Klosterman, Samantha L; Bowers, Margaret A; Ryan, Tyler J; Jessup, Sarah A; Wynne, Kevin T

    2017-09-15

    Research on trust has burgeoned in the last few decades. Despite the growing interest in trust, little is known about trusting behaviors in non-dichotomous trust games. The current study explored propensity to trust, trustworthiness, and trust behaviors in a new computer-mediated trust relevant task. We used multivariate multilevel survival analysis (MMSA) to analyze behaviors across time. Results indicated propensity to trust did not influence trust behaviors. However, trustworthiness perceptions influenced initial trust behaviors and trust behaviors influenced subsequent trustworthiness perceptions. Indeed, behaviors fully mediated the relationship of trustworthiness perceptions over time. The study demonstrated the utility of MMSA and the new trust game, Checkmate, as viable research methods and stimuli for assessing the loci of trust.

  6. A Formal Model for Trust Lifecycle Management

    DEFF Research Database (Denmark)

    Wagealla, Waleed; Carbone, Marco; English, Colin;

    2003-01-01

    We propose a formal model of trust informed by the Global Computing scenario and focusing on the aspects of trust formation, evolution, and propagation. The model is based on a novel notion of trust structures which, building on concepts from trust management and domain theory, feature at the sam...

  7. Trust Based Certificate Revocation for Secure Routing

    DEFF Research Database (Denmark)

    xmw970, xmw970

    2016-01-01

    propose to develop a CA distribution and a Trust based threshold revocation method. Initially the trust value is computed from the direct and indirect trust values. And the certificate authorities distributes the secret key to al the nodes. Followed by this a trust based threshold revocation method...

  8. The Complex Relationship between Cyberbullying and Trust

    Science.gov (United States)

    Pieschl, Stephanie; Porsch, Torsten

    2017-01-01

    Theoretically, there are strong arguments for a relationship between cyberbullying and trust. On the one hand, trust is built on experiences; thus, experiences of malevolence such as cyberbullying might contribute to low trust. On the other hand, high trust may lead to risky online behavior such as self-disclosures that could increase the risk of…

  9. Revealing Preconditions for Trustful Collaboration in CSCL

    Science.gov (United States)

    Gerdes, Anne

    2010-01-01

    This paper analyses preconditions for trust in virtual learning environments. The concept of trust is discussed with reference to cases reporting trust in cyberspace and through a philosophical clarification holding that trust in the form of self-surrender is a common characteristic of all human co-existence. In virtual learning environments,…

  10. Metadata trust in a personal video recorder

    NARCIS (Netherlands)

    Boertjes, E.M.

    2004-01-01

    Trust is the belief or confidence in someone that their recommendations will work for you, i.e. that you will like the TV-programs (or other content) that they recommend. Many systems incorporate some notion of trust. Trust is more than similarity in taste, which makes trust a broader concept than t

  11. 7 CFR 1400.100 - Revocable trust.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 10 2010-01-01 2010-01-01 false Revocable trust. 1400.100 Section 1400.100... AND SUBSEQUENT CROP, PROGRAM, OR FISCAL YEARS Payment Limitation § 1400.100 Revocable trust. A revocable trust and the grantor of the trust will be considered to be the same person....

  12. Trust, Behavior, and High School Outcomes

    Science.gov (United States)

    Romero, Lisa S.

    2015-01-01

    Purpose: The purpose of this paper is to contribute to the literature on student trust and to examine the relationship between student trust, behavior, and academic outcomes in high school. It asks, first, does trust have a positive effect on high school outcomes? Second, does trust influence student behavior, exerting an indirect effect on…

  13. A Formal Model for Trust Lifecycle Management

    DEFF Research Database (Denmark)

    Wagealla, Waleed; Carbone, Marco; English, Colin

    2003-01-01

    We propose a formal model of trust informed by the Global Computing scenario and focusing on the aspects of trust formation, evolution, and propagation. The model is based on a novel notion of trust structures which, building on concepts from trust management and domain theory, feature at the same...

  14. Does Trust Beget Trustworthiness? Trust and Trustworthiness in Two Games and Two Cultures: A Research Note

    Science.gov (United States)

    Kiyonari, Toko; Yamagishi, Toshio; Cook, Karen S.; Cheshire, Coye

    2006-01-01

    An important unanswered question in the empirical literature on trust is whether trusting begets trustworthiness. In two experimental games, with Japanese and American participants, respectively, we compared trust and trustworthiness to provide an answer to this question. The trustee in the standard Trust Game knows that he or she is trusted,…

  15. The Relationship between Teamwork and Organizational Trust

    Directory of Open Access Journals (Sweden)

    Musab Işık

    2015-04-01

    Full Text Available The aim of this study is to investigate the relationship between teamwork and organizational trust. In the implementation section the data from the survey of 250 workers is employed in call centers in Erzurum by using relevant statistical methods. Consequently, it is found that there is a positive and significant relationship between teamwork and organizational trust. Thus, the hypothesis of the study is supported as it was expected. Besides, it is found that there are positive and significant relationships between communication, openness to innovation, participation-trust in teamwork and organizational trust, trust in management, trust in co-workers, and trust in workplace.

  16. Kyriakos Kyriakou: Big companies overanalyze and thus lose perspective

    Directory of Open Access Journals (Sweden)

    Tomáš Poucha

    2013-06-01

    Full Text Available In his exclusive interview for Central European Business Review, the Regional Managing Director ofNielsen CEE, Kyriakos Kyriakou, talks about lack of trust in the manufacturer – retailer relationship,about consumer data and how companies should work with it, about selling on discounts and promotionalspirals, about marketing – sales cooperation and about other interesting topics.

  17. Kyriakos Kyriakou: Big companies overanalyze and thus lose perspective

    OpenAIRE

    Tomáš Poucha

    2013-01-01

    In his exclusive interview for Central European Business Review, the Regional Managing Director ofNielsen CEE, Kyriakos Kyriakou, talks about lack of trust in the manufacturer – retailer relationship,about consumer data and how companies should work with it, about selling on discounts and promotionalspirals, about marketing – sales cooperation and about other interesting topics.

  18. TEE-Based Trusted Storage

    DEFF Research Database (Denmark)

    Gonzalez, Javier; Bonnet, Philippe

    Today, it is safe to assume that any program or data can be compromised, if they are not protected by hardware within a secure area. Systems based on crypto-processors (e.g., a trusted platform module, a smart card or a hardware security module) rely on the properties of tamper resistant hardware...... trusted storage for personal data. We believe that this role can be taken over by systems equipped with Trusted Execution Environments (TEE), such as ARM’s TrustZone. Indeed, even if TEEs provide weaker security guarantees than crypto-processors, they already provide a secure area on many personal devices...... to establish a tight security parameter around a reduced set of predefined functionalities. Such systems are very secure, but they impose strong constraints on the functionalities, the connectivity or the resources available within the secure area. They have not proven versatile enough to provide mainstream...

  19. Ethnic Diversity and Social Trust

    DEFF Research Database (Denmark)

    Dinesen, Peter Thisted; Sønderskov, Kim Mannemar

    2017-01-01

    Due to its wide-ranging implications for social cohesion in diversifying Western countries, the question of the potential negative consequences of ethnic diversity for social trust is arguably the most contentious question in the literature on social trust. In this chapter we critically review...... the empirical evidence for a negative relationship between contextual ethnic diversity (measured locally within countries) and social trust. We cautiously conclude that there are indications of a negative relationship, although with important variations across study characteristics including national setting......, context unit analyzed, and conditioning on moderating influences. Building on the review, we highlight a number of paths for theoretical and methodological advances, which we argue would advance the literature on the relationship between ethnic diversity and social trust....

  20. Ethnic Diversity and Social Trust

    DEFF Research Database (Denmark)

    Dinesen, Peter Thisted; Sønderskov, Kim Mannemar

    2015-01-01

    In this paper we argue that residential exposure to ethnic diversity reduces social trust. Previous within-country analyses of the relationship between contextual ethnic diversity and trust have been conducted at higher levels of aggregation, concealing substantial variation in actual exposure...... to ethnic diversity. In contrast, we analyze how ethnic diversity of the immediate micro-context – where interethnic exposure is inevitable – affects trust. We do this using Danish survey data linked with register-based data, which enables us to obtain precise measures of the ethnic diversity of each......, while the effect vanishes in larger contextual units. This supports the conjecture that interethnic exposure underlies the negative relationship between ethnic diversity in residential contexts and social trust....

  1. Ethnic Diversity and Social Trust

    DEFF Research Database (Denmark)

    Dinesen, Peter Thisted; Sønderskov, Kim Mannemar

    2015-01-01

    In this paper we argue that residential exposure to ethnic diversity reduces social trust. Previous within-country analyses of the relationship between contextual ethnic diversity and trust have been conducted at higher levels of aggregation, concealing substantial variation in actual exposure...... to ethnic diversity. In contrast, we analyze how ethnic diversity of the immediate micro-context – where interethnic exposure is inevitable – affects trust. We do this using Danish survey data linked with register-based data, which enables us to obtain precise measures of the ethnic diversity of each...... individual’s residential surroundings. We focus on contextual diversity within a radius of 80 meters of a given individual, but compare the effect in the micro-context to the impact of diversity in more aggregate contexts. The results show that ethnic diversity in the micro-context affects trust negatively...

  2. Trust, dependence and interorganizational systems

    NARCIS (Netherlands)

    Ibrahim, M.K.M.

    2006-01-01

    Organizations form interorganizational relationships and utilize information technology to improve performance. This thesis discusses the influences of dependence and different types of trust on the use of interorganizational systems and subsequently the attainment of strategic benefits. The finding

  3. Ethnic Diversity and Social Trust

    DEFF Research Database (Denmark)

    Dinesen, Peter Thisted; Sønderskov, Kim Mannemar

    2015-01-01

    We argue that residential exposure to ethnic diversity reduces social trust. Previous within-country analyses of the relationship between contextual ethnic diversity and trust have been conducted at higher levels of aggregation, thus ignoring substantial variation in actual exposure to ethnic......, whereas the effect vanishes in larger contextual units. This supports the conjecture that interethnic exposure underlies the negative relationship between ethnic diversity in residential contexts and social trust....... diversity. In contrast, we analyze how ethnic diversity of the immediate micro-context—where interethnic exposure is inevitable—affects trust. We do this using Danish survey data linked with register-based data, which enables us to obtain precise measures of the ethnic diversity of each individual...

  4. Public and Conservation Trust Lands

    Data.gov (United States)

    California Department of Resources — A 1:100,000 polygon features class representing public, conservation and trust land ownership in the state of California. Developed for the California Resources...

  5. Building Trust Through Servant Leadership

    Science.gov (United States)

    2016-06-10

    value of its implementation, SLTP generates a substantial argument, on not only the importance of integrating Servant Leadership in to the workplace , but...standards within the whole organization. Patterson goes on to explain that trust in Servant Leadership nurtures teamwork , confidence, and self...emphasis on teamwork and equality. Patterson has found that when subordinates are trusted and empowered, they are self-accountable for the results they

  6. Trusted Silicon Stratus (TSS) Workshop

    Science.gov (United States)

    2011-02-01

    Possible solutions discussed included the use of authentication technologies such as Physically Unclonable Functions ( PUF ) and a knowledge base...Gate-level characterization • PUF and PPUF Primitives • IC DRM • Trusted Remote Operation • Trusted Synthesis using Untrusted Tools and IP...Public Physically Unclonable Function PUF Physically Unclonable Function SaaS Software-as-a-Service SIP Semiconductor Intellectual Property SNL

  7. Mobile security and trusted computing

    OpenAIRE

    Mitchell, Chris J.

    2006-01-01

    Some of the most significant security issues arising in the context of ubiquitous mobile computing are reviewed. Emerging technologies which may be able to help overcome these security problems are also described; in particular we consider methods for secure 'imprinting' of mobile devices, techniques proposed for establishing trust between devices with no prior relationship, and finally the relevence of trusted computing technology to mobile security issues.

  8. Trust and Privacy in Our Networked World

    OpenAIRE

    Tavani, Herman T.; Dieter Arnold

    2011-01-01

    Remarking on the relationship between the concepts of trust and privacy, Charles Fried (1990, p. 56) [1] writes: Trust is the attitude of expectation that another will behave according to the constraints of morality… There can be no trust where there is no possibility of error. More specifically, man cannot know that he is trusted unless he has the right to act without constant surveillance so that he knows he can betray the trust. Privacy confers that essential right… Without privacy and the...

  9. The Process Perspective on Trust in Organizations

    DEFF Research Database (Denmark)

    Jagd, Søren

    Several trust researchers have pointed to the relevance of the process perspective for understanding trust in organizations. In this paper I review the attempts to apply the process perspective in trust research distinguishing between a soft and a strong process perspective. It appears that nearl...... perspective in particular may be important and interesting way ahead for trust research opening up for an understanding of the micro-processes that constitutes trust and trustworthiness....

  10. Trusted counsellor retires

    CERN Multimedia

    2006-01-01

    His astute counsel, knowing smile and distinguished eloquence will be missed by many. With a pang of regret, the man himself admits that 'CERN was like a drug for me'. Last week, Jean-Daniel Mandica retired, after 40 years of loyal service. He was the trusted counsellor of every Director of the Administration and Director-General for eighteen years, from 1986 to 2003. Head of the planning unit for the Directorate and the Administration from 1986 to 1996, he was then named Head of the Directorate Services Unit in 1996, a position he held until the end of 2003. Throughout that time, he conducted key tasks for the Organization, such as restructuring the Administration and carrying out audits. His role in the creation of Microcosm and his commitment to CERN's participation in the Universal Exposition at Seville in 1992 contributed in no small part to the spread of the Laboratory's fame. Jean-Daniel Mandica's incomparable knowledge of the Administration, sense of diplomacy and great ability to listen made him a v...

  11. [Trust and reliability in surgery].

    Science.gov (United States)

    Weigel, T F; Hanisch, E; Buia, A; Hessler, C

    2017-03-01

    Social interactions are hardly possible without trust. Medical and in particular surgical actions can change the lives of people directly and indirectly existentially. Thus, the relationship between doctor and patient is a special form of social interaction, and will be hard to find anywhere else. The nature of the doctor-patient relationship also determines the success of a treatment. The core and the importance of trust, as a central part of this relationship, will be reconstructed in the present paper. The increasing possibilities of information acquisition in modern societies, and the ever-present need for transparency, impact more and more on the doctor-patient relationship. At first glance, concepts of trust seem to be of secondary importance. The current developments regarding the remuneration of services in the medical system likewise bear the risk to increasingly determine the importance of trust in the doctor-patient relationship. However, it is necessary to delineate reliability from trust. Due to the conditions which are constitutive for the operational disciplines, a climate of trust, even in a modern information society, is more necessary than ever.

  12. Trust and Online Reputation Systems

    Science.gov (United States)

    Kwan, Ming; Ramachandran, Deepak

    Web 2.0 technologies provide organizations with unprecedented opportunities to expand and solidify relationships with their customers, partners, and employees—while empowering firms to define entirely new business models focused on sharing information in online collaborative environments. Yet, in and of themselves, these technologies cannot ensure productive online interactions. Leading enterprises that are experimenting with social networks and online communities are already discovering this fact and along with it, the importance of establishing trust as the foundation for online collaboration and transactions. Just as today's consumers must feel secure to bank, exchange personal information and purchase products and services online; participants in Web 2.0 initiatives will only accept the higher levels of risk and exposure inherent in e-commerce and Web collaboration in an environment of trust. Indeed, only by attending to the need to cultivate online trust with customers, partners and employees will enterprises ever fully exploit the expanded business potential posed by Web 2.0. But developing online trust is no easy feat. While various preliminary attempts have occurred, no definitive model for establishing or measuring it has yet been established. To that end, nGenera has identified three, distinct dimensions of online trust: reputation (quantitative-based); relationship (qualitative-based) and process (system-based). When considered together, they form a valuable model for understanding online trust and a toolbox for cultivating it to support Web 2.0 initiatives.

  13. Determinants of Users Trust for Branchless Banking in Pakistan

    Directory of Open Access Journals (Sweden)

    JAVED Y

    2016-04-01

    Full Text Available To capture the unbanked population, cellular companies in partnership with microfinance institutions/banks are offering branchless banking initiatives in the market. This trend is building competitive environment in banking sector. Current study aims to investigate the effects of service quality, system quality, reputation, structural assurance, perceived credibility and perceived financial cost on Users’ Trust in branchless banking. Primary data was collected through a self-administered questionnaire from 120 undergraduate level students of a university in Pakistan. Hierarchical multiple regression analysis was run for hypotheses testing. The study concluded that service quality, system quality, reputation and perceived credibility exert significant positive effects while perceived financial cost exert significant negative effect on Users’ Trust. However, study could not prove a significant effect of structural assurance on Users’ Trust. Results also indicate that 40.9% of the variation in Users’ Trust in branchless banking can be accounted for by the respective changes in all six independent variables. Recommendations and limitations are also discussed in the study.

  14. The NPOESS Preparatory Project Science Data Segment (SDS) Data Depository and Distribution Element (SD3E) System Architecture

    Science.gov (United States)

    Ho, Evelyn L.; Schweiss, Robert J.

    2008-01-01

    The National Polar-orbiting Operational Environmental Satellite System (NPOESS) Preparatory Project (NPP) Science Data Segment (SDS) will make daily data requests for approximately six terabytes of NPP science products for each of its six environmental assessment elements from the operational data providers. As a result, issues associated with duplicate data requests, data transfers of large volumes of diverse products, and data transfer failures raised concerns with respect to the network traffic and bandwidth consumption. The NPP SDS Data Depository and Distribution Element (SD3E) was developed to provide a mechanism for efficient data exchange, alleviate duplicate network traffic, and reduce operational costs.

  15. Multiple Trust Model in Online Transaction by Trusted Third Party

    Directory of Open Access Journals (Sweden)

    R. Suganya

    2016-02-01

    Full Text Available the information fortune and the connectivity are provided by the universe of E-commerce over an enormous distance at all time. In an open and distributed environment the buyers or providers will not act in a mutually understood or agreed manner by which the incomplete practices and fraudulent activities happen. So in any online transaction the security and trust are two important factors that are to be considered. In Ecommerce markets the above mentioned problems are criticized as the most important barriers. In order to improve these barriers a trust based third party mechanism is successfully adopted as a self-regulatory system to improve the buyer and seller trust. The online transactions are made very easy now days by E-commerce technologies. Built integrity belief approach (BIB, Support Vector Mechanic approach (SVM and Random Number Generation approach (RNG are the three approaches which are mainly used in this paper for online trust management. The seller and the buyer communication will be handled through the trusted third party. Apart from this a coupon based approach is introduced as an advancement in this paper for providing discount schemes which is helpful in attracting the customer who purchase beyond the threshold level fixed by the seller. Moreover a product review study is integrated in order to reduce the scam reviews in online transactions.

  16. 75 FR 27464 - Special Reporting, Analysis and Contingent Resolution Plans at Certain Large Insured Depository...

    Science.gov (United States)

    2010-05-17

    ... complex financial parent companies to submit to the FDIC analysis, information, and contingent resolution... IDIs with greater than $10 billion in total assets that are owned or controlled by parent companies... that exist within even larger conglomerate and multinational structures. These large and complex IDIs...

  17. 13 CFR 107.1600 - SBA authority to issue and guarantee Trust Certificates.

    Science.gov (United States)

    2010-01-01

    ... 13 Business Credit and Assistance 1 2010-01-01 2010-01-01 false SBA authority to issue and guarantee Trust Certificates. 107.1600 Section 107.1600 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION SMALL BUSINESS INVESTMENT COMPANIES SBA Financial Assistance for Licensees (Leverage)...

  18. 76 FR 61769 - Destra Capital Investments LLC and Destra Unit Investment Trust; Notice of Application

    Science.gov (United States)

    2011-10-05

    ... COMMISSION Destra Capital Investments LLC and Destra Unit Investment Trust; Notice of Application September... for an exemption from section 17(a) of the Act. SUMMARY OF THE APPLICATION: Destra Capital Investments... for an order under section 12(d)(1)(J) of the Investment Company Act of 1940 (``Act'') for...

  19. 77 FR 65025 - Trust for Professional Managers and Collins Capital Investments, LLC; Notice of Application

    Science.gov (United States)

    2012-10-24

    ... COMMISSION Trust for Professional Managers and Collins Capital Investments, LLC; Notice of Application.... Windhorst, Collins Capital Investments, LLC, 806 Douglas Road, Suite 570, Coral Gables, FL 33134. FOR... application under section 6(c) of the Investment Company Act of 1940 (``Act'') for an exemption from...

  20. The Influence of Power on Trading Partner Trust in Electronic Commerce.

    Science.gov (United States)

    Ratnasingam, Pauline

    2000-01-01

    Discussion of power in electronic commerce focuses on the impact of power in the adoption of electronic data interchange. Presents a case study of Ford Motor Company in Australia that shows negative (coercive) power resulted in uncertainty, whereas positive (persuasive) power resulted in open communications, thus building trading partner trust.…

  1. The Influence of Power on Trading Partner Trust in Electronic Commerce.

    Science.gov (United States)

    Ratnasingam, Pauline

    2000-01-01

    Discussion of power in electronic commerce focuses on the impact of power in the adoption of electronic data interchange. Presents a case study of Ford Motor Company in Australia that shows negative (coercive) power resulted in uncertainty, whereas positive (persuasive) power resulted in open communications, thus building trading partner trust.…

  2. 76 FR 47617 - BofA Funds Series Trust, et al.;

    Science.gov (United States)

    2011-08-05

    ... subsidiary of Bank of America, N.A., which is an indirect wholly owned banking subsidiary of Bank of America... (formerly known as Columbia Management Advisors, LLC), Banc of America Securities, LLC (``BAS''), a broker.... \\3\\ See Banc of America Funds Trust, et al., Investment Company Act Release Nos. 28526 (Dec. 1, 2008...

  3. The Rhetoric of Arrogance: The Public Relations Response of the Standard Oil Trust.

    Science.gov (United States)

    Boyd, Josh

    2001-01-01

    Illustrates one of the earliest American public relations debacles (ending in the dissolution of the Standard Oil Trust in 1911). Presents background on Standard Oil and offers an overview Ida Tarbell's influential "History of the Standard Oil company." Argues that Standard failed to respond to these accounts adequately, reinforcing…

  4. On what bases? The role of trust cues in longitudinal trust development during newcomer socialisation

    OpenAIRE

    van der Werff, Lisa

    2014-01-01

    Despite recent theoretical advances, the pattern of trust development between coworkers is a topic of dispute and many basic trust processes remain unclear. Increasingly, trust researchers are recognising that trust development is a context specific process that requires more nuanced empirical investigation of trust changes over time and in specific situations. Furthermore, theory suggests that employees attend to an array of independent trust cues but it fails to identify which cues are impo...

  5. The Effect of Organizational Change on Trust and an Application

    Directory of Open Access Journals (Sweden)

    Taylan Şahin

    2017-05-01

    Full Text Available The purpose of this study is to examine the effect of organizational change on organizational trust. The questionnaire of this study was given to 500 people who worked for a private company in the mining sector in Kütahya. 404 valid questionnaires were collected back and analyzed. First of all, explaratory factor analysis was conducted to the data to find out factor distribution. Then, confirmatory factor anal-yses and reliability analysis were conducted to determine the reliability and the scale validity of the questionnaires, respectively. Subsequently, the hypotheses of the model were tested with the structural equation modeling. According to the findings, planned change positively and significantly affects organizational trust.

  6. Trust Dynamics in a Large System Implementation

    DEFF Research Database (Denmark)

    Schlichter, Bjarne Rerup; Rose, Jeremy

    2013-01-01

    A large information systems implementation (such as ERP systems) relies on the trust of its stakeholders to suc-ceed. Such projects impact diverse groups of stakeholders, each with their legitimate interests and expectations. Levels of stakeholder trust can be expected to vary in large scale impl...... and restoration of trust, the role of the information system in restoring trust, and the emergent and reciprocal nature of trust and project outcomes......A large information systems implementation (such as ERP systems) relies on the trust of its stakeholders to suc-ceed. Such projects impact diverse groups of stakeholders, each with their legitimate interests and expectations. Levels of stakeholder trust can be expected to vary in large scale...... implementations (which can take several years), and cannot be taken for granted. Previous studies have largely focused on the taxonomic deconstruction of the trust construct, through point-in-time variance studies. They have identified the relationship between trust and project outcomes, but largely ignored...

  7. Global Trust: A Trust Model for Cloud Service Selection

    Directory of Open Access Journals (Sweden)

    Fatima Zohra Filali

    2015-04-01

    Full Text Available Cloud Computing refers to network-based service provided by a large number of computers, sharing computing and storage resources. Combined with on-demand provisioning mechanisms and relied on a pay-per-use business model. The Cloud Computing offers the possibilities to scale rapidly, to store data remotely and to share services in a dynamic environment. However, these benefits can be seen as weaknesses for assuring trust, and providing confidence to the users of service. In this case, some traditional mechanisms to guarantee reliable services are no longer suitable or dynamic enough, and new models need to be developed to fit this paradigm. This study describes the assessment of the trust in the context of Cloud Computing, proposes a new trust model adapted to Cloud environments, and shows some experiments in regards of the proposed solution.

  8. Health and safety's stewardship of key business values: employees, public trust, and responsibility to shareholders.

    Science.gov (United States)

    Fulwiler, R D

    1993-11-01

    This paper reviews how one company has been able to develop and implement a highly effective job safety and health system and to sustain it at a high level of performance. This process begins with a simple but clear corporate safety and health policy statement: "Procter & Gamble insists on safe operation." It is driven by three critical values, namely: 1) its employees, 2) its public trust, and 3) its profits. The impact of workers' compensation costs on company profits is examined, along with the enormous savings in these costs that have been achieved by the company's commitment to total quality. This is followed by brief descriptions of the company's "Total Incident Rate" and it's "Key Elements" systems, and the relationships between them. The paper concludes with a description of the company's model for enabling all employees to make recommendations for continuous improvement of health and safety systems throughout all of the company's operations.

  9. Values, trust and science - building trust in today's food system in an era of radical transparency.

    Science.gov (United States)

    Arnot, Charlie; Vizzier-Thaxton, Yvonne; Scanes, Colin G

    2016-07-21

    Public concern exists globally about the food system and both the practices and the intensification of animal agriculture. Examples are presented of public opinion in North America, the European Union, and the People's Republic of China. Negative perceptions increase with distance from production agriculture. Even animal science faculty members do not uniformly support present production practices. Public trust in the food system is based on consumers' or public confidence (shared values based on corporate and institutional social responsibility or their fiduciary responsibility), competence of the people or groups providing the information and the influence of others (e.g., friends and family). Producer or company discussion of issues has focused on competency and "the science" when confidence is markedly more important to consumers and more effective. It is argued that the food system largely escapes regulation by federal and state governments by a social license based on public confidence. However, a tipping point(s) exists such that a crisis could greatly diminish public confidence and end the social license and bring with it increases in regulation. Advocacy for production agriculture (poultry and livestock) needs to incorporate recognition of the need to reaffirm the public's trust, assuring shared values together with an emphasis on good science.

  10. Trust-Based Leadership in the Making

    DEFF Research Database (Denmark)

    Bentzen, Tina Øllgaard; Jagd, Søren

    I spite of the popularity of trust-based leadership in consultancy and popular management writings empirical research on the transformation from traditional top-down to trust-based leadership is still limited. In this paper we study the implementation of a trust-based leadership reform in the City...... of Copenhagen taking place since 2012. We focus on understanding the trust dynamics in this major transformation. We show that the implementation of trust-based leadership should be seen as an emergent process involving a variety of actors within the organization. The case study reveals that the Trust Reform...

  11. Trust Management System for Opportunistic Cloud Services

    DEFF Research Database (Denmark)

    Kuada, Eric

    2013-01-01

    We have over the past three years been working on the feasibility of Opportunistic Cloud Services (OCS) for enterprises. OCS is about enterprises strategically contributing and utilizing spare IT resources as cloud services. One of the major challenges that such a platform faces is data security...... and trust management issues. This paper presents a trust management system for OCS platforms. It models the concept of trust and applies it to OCS platforms. The trust model and the trust management system are verified through the simulation of the computation of the trust values with Infrastructure...

  12. Design and Implementation of Trusted-Router Based on Trust Management System

    Institute of Scientific and Technical Information of China (English)

    Sun Bin; Mao Yuankui

    2011-01-01

    This paper presents a scheme to perform QoS management and assure network security by using the trusted-router based on the Trust Management System.In this trusted-router,every IP packet is forwarded and queued by its trust value,which is the quantification of the network's expectation for this packet's and its owner's behavior in the network.We outline the algorithms to calculate the trust value of the trusted-router and the IP packet.We also introduce the trust-based QoS management algorithm and the deployment of the trusted-routers which carry out this algorithm.The simulation results show that the least trusted IP packets will be dropped to save resources for those highly trusted IP packets.This will ecourage all the elements in the network to keep a good trust record.

  13. The Moderating Effects of Financial Broad-scope Trust on Consumer Knowledge, Cognitive Effort, and Financial Healthiness

    DEFF Research Database (Denmark)

    Hansen, Torben

    2017-01-01

    Substantial research results suggest the global financial crisis has negatively affected consumers' trust in financial service providers. Notably, trust not only relates to consumer trust in individual companies but also relates to the broader business context in which consumers may plan and carry...... out their financial behavior. This latter form of trust can be referred to as "broad-scope" trust (BST). BST is especially important in a society context because lack of BST may reduce financial market dynamism, competition, and productivity. Consequently, financial service providers assume...... an important social responsibility in order to develop BST. Unfortunately, not much is known about the interplay between BST and consumer financial behavior. Based on two surveys comprising 1155 bank consumers and 756 mutual fund investors, respectively, this study investigates the moderating influence of BST...

  14. Modeling, simulation and analysis of a securities settlement system: the case of Central Securities Depository of Mexico

    Directory of Open Access Journals (Sweden)

    David F. Muñoz

    2012-12-01

    Full Text Available The Instituto para el Depósito de Valores (INDEVAL is the Central Securities Depository of Mexico. It is the only Mexican institution authorized to perform, in an integrated manner, the activities of safe-keeping, custody, management, clearing, settlement and transfer of securities. In this article, we report the modeling, simulation and analysis of a new Securities Settlement System (SSS implemented by INDEVAL, as part of a project for the implementation of a safer and more efficient operating system. The main objective of this research was to use reduced amounts of cash and securities, within reasonable periods of time, for the settlement of securities of the Mexican market. A linear programming model for the netting and clearing of operations was used. The performance of the new SSS was evaluated by performing experiments using a deterministic simulation model under different operation parameters, such as the number and monetary value of transactions, the time between clearing cycles and also under a new set of rules for pre-settlement operations. The results presented may be used by other Central Securities Depositories to make decisions related to the efficient and safer use of their resources. The implementation of the model took more than three years. Now many transactions that would remain pending if processed individually are settled together, thus reducing liquidity requirements dramatically -by 52% in cash and 26% in securities.

  15. 31 CFR 546.311 - U.S. financial institution.

    Science.gov (United States)

    2010-07-01

    ..., transferring, holding, or brokering loans or credits, or purchasing or selling foreign exchange, securities... but not limited to, depository institutions, banks, savings banks, trust companies, securities brokers... benefit plans, and U.S. holding companies, U.S. affiliates, or U.S. subsidiaries of any of the...

  16. 31 CFR 548.311 - U.S. financial institution.

    Science.gov (United States)

    2010-07-01

    ..., transferring, holding, or brokering loans or credits, or purchasing or selling foreign exchange, securities... includes but is not limited to depository institutions, banks, savings banks, trust companies, securities..., employee benefit plans, and U.S. holding companies, U.S. affiliates, or U.S. subsidiaries of any of...

  17. 31 CFR 575.320 - U.S. financial institution.

    Science.gov (United States)

    2010-07-01

    ..., transferring, holding, or brokering loans or credits, or purchasing or selling foreign exchange, securities..., but not limited to, depository institutions, banks, savings banks, trust companies, securities brokers... benefit plans, and U.S. holding companies, U.S. affiliates, or U.S. subsidiaries of any of the...

  18. 31 CFR 585.318 - U.S. financial institution.

    Science.gov (United States)

    2010-07-01

    ..., granting, transferring, holding, or brokering loans or credits, or purchasing or selling foreign exchange...; including, but not limited to, depository institutions, banks, savings banks, trust companies, securities..., employee benefit plans, and U.S. holding companies, U.S. affiliates, or U.S. subsidiaries of any of...

  19. 31 CFR 545.314 - U.S. financial institution.

    Science.gov (United States)

    2010-07-01

    ..., making, granting, transferring, holding, or brokering loans or credits, or purchasing or selling foreign... principal or agent; including but not limited to, depository institutions, banks, savings banks, trust..., investment companies, employee benefit plans, and U.S. holding companies, U.S. affiliates, or...

  20. 31 CFR 551.310 - U.S. financial institution.

    Science.gov (United States)

    2010-07-01

    ..., transferring, holding, or brokering loans or credits, or purchasing or selling foreign exchange, securities... includes but is not limited to depository institutions, banks, savings banks, trust companies, securities..., employee benefit plans, and U.S. holding companies, U.S. affiliates, or U.S. subsidiaries of any of...

  1. 31 CFR 543.311 - U.S. financial institution.

    Science.gov (United States)

    2010-07-01

    ..., transferring, holding, or brokering loans or credits, or purchasing or selling foreign exchange, securities... but not limited to depository institutions, banks, savings banks, trust companies, securities brokers... benefit plans, and U.S. holding companies, U.S. affiliates, or U.S. subsidiaries of any of the...

  2. 31 CFR 594.314 - U.S. financial institution.

    Science.gov (United States)

    2010-07-01

    ..., transferring, holding, or brokering loans or credits, or purchasing or selling foreign exchange, securities... but not limited to, depository institutions, banks, savings banks, trust companies, securities brokers... benefit plans, and U.S. holding companies, U.S. affiliates, or U.S. subsidiaries of any of the...

  3. 31 CFR 588.311 - U.S. financial institution.

    Science.gov (United States)

    2010-07-01

    ..., making, granting, transferring, holding, or brokering loans or credits, or purchasing or selling foreign... principal or agent; including but not limited to, depository institutions, banks, savings banks, trust..., investment companies, employee benefit plans, and U.S. holding companies, U.S. affiliates, or...

  4. 31 CFR 595.316 - U.S. financial institution.

    Science.gov (United States)

    2010-07-01

    ..., transferring, holding, or brokering loans or credits, or purchasing or selling foreign exchange, securities..., but not limited to, depository institutions, banks, savings banks, trust companies, securities brokers... benefit plans, and U.S. holding companies, U.S. affiliates, or U.S. subsidiaries of any of the...

  5. Trust in Government: A Note from Nigeria

    Directory of Open Access Journals (Sweden)

    Iroghama Paul Iroghama

    2012-06-01

    Full Text Available The relationship between trust in government and factors that accounts for Nigerians citizen trust in their government has been of interest due a dearth of literature on such issue. This study is an attempt to bridge the gap from a public policy perspective. One of the measures usually used in the literature to measure trust or distrust in government is perception of corruption, but there are other yardsticks with which to measure determinant of trust in government, such as economic performance or political participation. This study used a micro-level analysis of public opinion survey data (question by question to ascertain empirical linkages of political trust within Nigeria. To this end, Afrobarometer survey Round Four conducted in 2008 was used for the analyses. Descriptive statistics provide background information on the sample, while multivariate logistic regression using SPSS were used to model the citizens’ trust for government in Nigeria. This study revealed that political trust or trust in governments in Nigeria stems from a number of factors. These are economy performance, media, interest in public affairs, religious membership, political participation, interpersonal trust, lack of basic needs, and management of corruption. Furthermore, the variables that influence trust in government the most are interpersonal trust and government management of corruption issue. Those that reported interpersonal trust also reported that they have trust for the government. While those that believe the governments are fighting or managing corruption nicely have a tendency to trust in the government. Although this study does not claim to provide all the answer on political trust or trust in governments in Nigeria, its attempt is to bridge gap in the literature on the topic and to assist future research in the area, as nothing exist on the topic as the moment. It is hope the subject will forms a basis upon which further analytical work on political

  6. A Calculus for Trust Management

    DEFF Research Database (Denmark)

    Carbone, Marco; Nielsen, Mogens; Sassone, Vladimiro

    2004-01-01

    We introduce ctm, a process calculus which embodies a notion of trust for global computing systems. In ctm each principal (location) is equipped with a policy, which determines its legal behaviour, and with a protocol, which allows interactions between principals and the flow of information from...... principals to policies. We elect to formalise policies using a Datalog-like logic, and to express protocols in the process algebra style. This yields an expressive calculus very suitable for the global computing scenarios, and provides a formalisation of notions such as trust evolution. For ctm we define...

  7. International Trust and Public Diplomacy

    DEFF Research Database (Denmark)

    Mogensen, Kirsten

    Council’s strategy for trust-building in China (2012); Russian President Vladimir Putin’s letter in The New York Times (2013), and the USA’s trust-building effort in Turkey (from 2006). The best results have been obtained where Public Diplomacy has been linked to successful traditional diplomacy at state......-level (Iran) or has created a framework for people-to-people relations (Denmark, UK and USA). A backlash was experienced in the case where a foreign state leader patronized the national leader (Russia). In all cases, respect for people in other countries despite differences in culture seems fundamental...

  8. Barometer. Acute trusts February 2005.

    Science.gov (United States)

    2005-03-17

    Almost two thirds of acute trusts rate the quality of commissioning from their PCTs at three out of 10 or less, according to the latest HSJ Barometer survey. This is the lowest score since we began the survey a year ago. Confidence in their performance against the 98 per cent four-hour A&E target fell sharply from a December high to an average of 6.87. The survey also found that fewer than one in seven trusts were confident of winning foundation status by the end of 2006-07.

  9. Antecedents of trust in online environment: A case of Pakistan

    Directory of Open Access Journals (Sweden)

    Yaser Zaman

    2016-03-01

    Full Text Available This study aims to investigate the antecedents of trust including Company Reputation, Website Design, Service Quality, and Security and Privacy Policy in an online environment within the Pakistani context. A pre-tested questionnaire survey is used in order to collect the response of e-shopper in three cities, Abbottabad, Haripur and Islamabad, from 200 Pakistani e-shoppers. SPSS was used to analyze the data and three techniques descriptive statistics, regression analysis and correlation analysis are applied. Findings revealed a positive direct relationship between the independent and dependent variables which validate the earlier studies.

  10. A survey of trust, control and information in networks

    DEFF Research Database (Denmark)

    Jakobsen, Morten

    This paper focuses on which characteristics managers take into account when they choose and evaluate business partners, and the interrelationship between the constructs trust, control and information. The paper is based on a survey which includes 101 small and middle-sized manufacturing companies...... and information is found. The findings indicate that the three constructs are relevant, and the level of embeddedness is found to influence both the absolute and the relative importance of the three constructs, and thereby the role of management accounting at different development stages of relationships....

  11. Liquidation of the company

    OpenAIRE

    Procházka, Michal

    2011-01-01

    This work deals with the liquidation of the company focusing on commercial companies. It describes whole process of liquidation from decision to liquidate to delete the company from the Commercial Register. The work also focuses on legal, accounting and tax site of liquidation. Accounting practices in the liquidation process are illustrated on the example of a fictive company.

  12. Evaluating WikiTrust: a trust support tool for Wikipedia

    NARCIS (Netherlands)

    Lucassen, Teun; Schraagen, Jan Maarten

    2011-01-01

    Because of the open character of Wikipedia readers should always be aware of the possibility of false information. WikiTrust aims at helping readers to judge the trustworthiness of articles by coloring the background of less trustworthy words in a shade of orange. In this study we look into the effe

  13. Understandig trust : longitudinal studies on trust dynamics in governance interactions

    NARCIS (Netherlands)

    Vries, de J.R.

    2014-01-01

    Trust is generally perceived as an important concept in governance processes where people cooperate, as it enables people to take risks and deal with uncertainties, and it facilitates cooperation. These characteristics are seen as important in new and alternative ways of implementing public

  14. Maintaining control while delegating trust: Integrity constraints in trust management

    NARCIS (Netherlands)

    Etalle, Sandro; Winsborough, William H.

    2009-01-01

    We introduce the use, monitoring, and enforcement of integrity constraints in trust management-style authorization systems. We consider what portions of the policy state must be monitored to detect violations of integrity constraints. Then, we address the fact that not all participants in a

  15. Adequate trust avails, mistaken trust matters: on the moral responsibility of doctors as proxies for patients' trust in biobank research.

    Science.gov (United States)

    Johnsson, Linus; Helgesson, Gert; Hansson, Mats G; Eriksson, Stefan

    2013-11-01

    In Sweden, most patients are recruited into biobank research by non-researcher doctors. Patients' trust in doctors may therefore be important to their willingness to participate. We suggest a model of trust that makes sense of such transitions of trust between domains and distinguishes adequate trust from mistaken trust. The unique position of doctors implies, we argue, a Kantian imperfect duty to compensate for patients' mistaken trust. There are at least three kinds of mistaken trust, each of which requires a different set of countermeasures. First, trust is mistaken when necessary competence is lacking; the competence must be developed or the illusion dispelled. Second, trust is irrational whenever the patient is mistaken about his actual reasons for trusting. Care must therefore be taken to support the patient's reasoning and moral agency. Third, some patients inappropriately trust doctors to recommend only research that will benefit them directly. Such trust should be counteracted by nurturing a culture where patients expect to be asked occasionally to contribute to the common good.

  16. Applying Machine Trust Models to Forensic Investigations

    Science.gov (United States)

    Wojcik, Marika; Venter, Hein; Eloff, Jan; Olivier, Martin

    Digital forensics involves the identification, preservation, analysis and presentation of electronic evidence for use in legal proceedings. In the presence of contradictory evidence, forensic investigators need a means to determine which evidence can be trusted. This is particularly true in a trust model environment where computerised agents may make trust-based decisions that influence interactions within the system. This paper focuses on the analysis of evidence in trust-based environments and the determination of the degree to which evidence can be trusted. The trust model proposed in this work may be implemented in a tool for conducting trust-based forensic investigations. The model takes into account the trust environment and parameters that influence interactions in a computer network being investigated. Also, it allows for crimes to be reenacted to create more substantial evidentiary proof.

  17. An Investigation of Children's Peer Trust across Culture: Is the Composition of Peer Trust Universal?

    Science.gov (United States)

    Betts, Lucy R.; Rotenberg, Ken J.; Petrocchi, Serena; Lecciso, Flavia; Sakai, Atsushi; Maeshiro, Kazumi; Judson, Helen

    2014-01-01

    The components of children's trust in same-gender peers (trust beliefs, ascribed trustworthiness, and dyadic reciprocal trust) were examined in samples of 8-11-year-olds from the UK, Italy, and Japan. Trust was assessed by children's ratings of the extent to which same-gender classmates kept promises and kept secrets. Social relations analyses…

  18. Trust or Consequences: The Relationship between Faculty Trust and Faculty Learning Communities in Higher Education

    Science.gov (United States)

    Wilson, Gaye R.

    2011-01-01

    The purpose of this study was to investigate relationships between FLC membership and faculty trust in higher education colleagues and faculty trust in higher education administration in public and private universities in the United States. This quantitative study examines trust in colleagues and trust in administration in higher education, two…

  19. Validation and verification of agent models for trust: Independent compared to relative trust

    NARCIS (Netherlands)

    Hoogendoorn, M.; Jaffry, S.W.; Maanen, P.P. van

    2011-01-01

    In this paper, the results of a validation experiment for two existing computational trust models describing human trust are reported. One model uses experiences of performance in order to estimate the trust in different trustees. The second model in addition carries the notion of relative trust. Th

  20. Inferring Trust Based on Similarity with TILLIT

    Science.gov (United States)

    Tavakolifard, Mozhgan; Herrmann, Peter; Knapskog, Svein J.

    A network of people having established trust relations and a model for propagation of related trust scores are fundamental building blocks in many of today’s most successful e-commerce and recommendation systems. However, the web of trust is often too sparse to predict trust values between non-familiar people with high accuracy. Trust inferences are transitive associations among users in the context of an underlying social network and may provide additional information to alleviate the consequences of the sparsity and possible cold-start problems. Such approaches are helpful, provided that a complete trust path exists between the two users. An alternative approach to the problem is advocated in this paper. Based on collaborative filtering one can exploit the like-mindedness resp. similarity of individuals to infer trust to yet unknown parties which increases the trust relations in the web. For instance, if one knows that with respect to a specific property, two parties are trusted alike by a large number of different trusters, one can assume that they are similar. Thus, if one has a certain degree of trust to the one party, one can safely assume a very similar trustworthiness of the other one. In an attempt to provide high quality recommendations and proper initial trust values even when no complete trust propagation path or user profile exists, we propose TILLIT — a model based on combination of trust inferences and user similarity. The similarity is derived from the structure of the trust graph and users’ trust behavior as opposed to other collaborative-filtering based approaches which use ratings of items or user’s profile. We describe an algorithm realizing the approach based on a combination of trust inferences and user similarity, and validate the algorithm using a real large-scale data-set.

  1. Trusting Relationships in the NATO Alliance

    DEFF Research Database (Denmark)

    Keating, Vincent Charles

    trust-building among its members, this paper represents an initial attempt to consider how the question of trust can be considered with respect to the existing literature on both alliances and NATO. In doing so, it brings together three literatures: trust theory, alliance theory, and NATO studies......, in order to reveal the points of intersection that might help us to understand how and why trusting relationships can be formed within the NATO alliance....

  2. Trust, Welfare States and Income Equality

    DEFF Research Database (Denmark)

    Bergh, Andreas; Bjørnskov, Christian

    2014-01-01

    . Using a structural equation model estimated on a large country sample, we find that trust has a positive effect on both market and net income equality. Larger welfare states lead to higher net equality but neither net income equality nor welfare state size seems to have a causal effect on trust. We...... conclude that while trust facilitates welfare state policies that may reduce net inequality, this decrease in inequality does not increase trust....

  3. A SELF-ADAPTIVE TRUST REGION ALGORITHM

    Institute of Scientific and Technical Information of China (English)

    Long Hei

    2003-01-01

    In this paper we propose a self-adaptive trust region algorithm. The trust region radius is updated at a variable rate according to the ratio between the actual reduction and the predicted reduction of the objective function, rather than by simply enlarging or reducing the original trust region radius at a constant rate. We show that this new algorithm preserves the strong convergence property of traditional trust region methods. Numerical results are also presented.

  4. Competing with kreteks: transnational tobacco companies, globalisation, and Indonesia

    Science.gov (United States)

    Lawrence, S; Collin, J

    2004-01-01

    Objective: To examine the strategies employed by transnational tobacco companies (TTCs) to compete more effectively compete with the dominant kretek manufacturers in Indonesia, and to consider implications of their failure. Methods: Systematic analysis of corporate documents obtained from British American Tobacco's (BAT's) Guildford depository and from industry and tobacco control websites document collections. Results: The limited progress of the TTCs in Indonesia is best explained by the distinctive political economy of its tobacco industry. Though effective when collaborating on regulatory issues of mutual interest, TTCs have been less able than kretek manufacturers to exercise political influence where their interests conflict. Global strategies of TTCs have undergone significant local adaptation in attempting to compete in this distinctive environment. While maintaining uniformity in core brand attributes, TTCs have sought to reconcile international imagery with local norms, particularly to appeal to women. BAT unsuccessfully attempted to develop clove based products that imitated the appeal of kreteks, withdrawn following concerns about exposing the company to charges of operating double standards. Conclusions: The documents presented highlight the complexity of the global tobacco industry. Tobacco control efforts need to address more effectively the ongoing impact of kreteks while recognising the distinctive threats posed by TTCs. PMID:15564227

  5. Competing with kreteks: transnational tobacco companies, globalisation, and Indonesia.

    Science.gov (United States)

    Lawrence, S; Collin, J

    2004-12-01

    To examine the strategies employed by transnational tobacco companies (TTCs) to compete more effectively compete with the dominant kretek manufacturers in Indonesia, and to consider implications of their failure. Systematic analysis of corporate documents obtained from British American Tobacco's (BAT's) Guildford depository and from industry and tobacco control websites document collections. The limited progress of the TTCs in Indonesia is best explained by the distinctive political economy of its tobacco industry. Though effective when collaborating on regulatory issues of mutual interest, TTCs have been less able than kretek manufacturers to exercise political influence where their interests conflict. Global strategies of TTCs have undergone significant local adaptation in attempting to compete in this distinctive environment. While maintaining uniformity in core brand attributes, TTCs have sought to reconcile international imagery with local norms, particularly to appeal to women. BAT unsuccessfully attempted to develop clove based products that imitated the appeal of kreteks, withdrawn following concerns about exposing the company to charges of operating double standards. The documents presented highlight the complexity of the global tobacco industry. Tobacco control efforts need to address more effectively the ongoing impact of kreteks while recognising the distinctive threats posed by TTCs.

  6. Can I trust you? : The importance of trust when doing business on P2P online platforms

    OpenAIRE

    Andersson, David; Kobaslic, Bojan

    2016-01-01

    This report has focused on how important a buyers eWOM is compared to his/her visual information when sellers decide if they can trust this buyer. A focus company was Airbnb, an online P2P platform where private individuals can rent out their living quarters to other private persons. The method involved sending out online web surveys to approximately 200 students in Högskolan Kristianstad. Results from these surveys suggests that a buyer’s eWOM and visual information had little or no impact u...

  7. Trust Me: Design Patterns for Constructing Trustworthy Trust Indicators

    Science.gov (United States)

    2009-04-01

    Citibank . Those who had interacted with certain companies in the past were significantly more likely to fall for phishing messages claiming to be from...phishing message from Citibank . Participants who had interacted with certain companies in the past were significantly more likely to fall for

  8. Trust and trouble; Building interpersonal trust within organizations

    NARCIS (Netherlands)

    F.E. Six (Frédérique)

    2004-01-01

    textabstractFrédérique Six (1962) studied Environmental Engineering at Wageningen University. Upon graduation in 1987 she joined McKinsey & Company as a business analyst and obtained her MBA at INSEAD (Fontainebleau, France) in 1988. She rejoined McKinsey & Company as an associate and worked in the

  9. Heuritic Trust in IoT

    DEFF Research Database (Denmark)

    Kaur, Bipjeet; Tange, Henrik

    2015-01-01

    Increasing use of Internet of things in diverse fields has demanding association in security and trust of such services. The trust on the services cannot exist independent. It is greatly depended on the security of system at each layer. In this paper we analyze different existing trust algorithms...

  10. Agent based computational model of trust

    NARCIS (Netherlands)

    A. Gorobets (Alexander); B. Nooteboom (Bart)

    2004-01-01

    textabstractThis paper employs the methodology of Agent-Based Computational Economics (ACE) to investigate under what conditions trust can be viable in markets. The emergence and breakdown of trust is modeled in a context of multiple buyers and suppliers. Agents adapt their trust in a partner, the w

  11. The Role of Trust in Computer Security

    DEFF Research Database (Denmark)

    Jensen, Christian D.

    2012-01-01

    technologies and show how many of them concern the placement of trust on human or system agents. We argue that making such assumptions about trust explicit is an essential requirement for the future of system security and argue why the formalisation of computational trust is necessary when we wish to reason...

  12. Trust and Relationship Building in Electronic Commerce.

    Science.gov (United States)

    Papadopoulou, Panagiota; Andreou, Andreas; Kanellis, Panagiotis; Martakos, Drakoulis

    2001-01-01

    Discussion of the need for trust in electronic commerce to build customer relationships focuses on a model drawn from established theoretical work on trust and relationship marketing that highlights differences between traditional and electronic commerce. Considers how trust can be built into virtual environments. (Contains 50 references.)…

  13. Trust and Relationship Building in Electronic Commerce.

    Science.gov (United States)

    Papadopoulou, Panagiota; Andreou, Andreas; Kanellis, Panagiotis; Martakos, Drakoulis

    2001-01-01

    Discussion of the need for trust in electronic commerce to build customer relationships focuses on a model drawn from established theoretical work on trust and relationship marketing that highlights differences between traditional and electronic commerce. Considers how trust can be built into virtual environments. (Contains 50 references.)…

  14. Trust, accreditation, and philanthropy in the Netherlands.

    NARCIS (Netherlands)

    Bekkers, Rene H.F.P.

    2003-01-01

    Given the increasing numbers of scandals, the awareness among fund-raisers that the public’s trust is crucial for the nonprofit sector is growing. This study investigates the relationship between trust and charitable giving. Charitable organizations can increase the public’s trust by signaling their

  15. Factors predicting trust between GPs and OPs

    NARCIS (Netherlands)

    A.P. Nauta; J. von Grumbkow (Jasper)

    2001-01-01

    textabstractPURPOSE: To study possible differences in trust between general practitioners (GPs) and occupational physicians (OPs) and the explanatory factors for trust. Insight into the factors predicting trust can improve programmes for stimulating the co-operation of GPs and OPs.

  16. 46 CFR 67.36 - Trust.

    Science.gov (United States)

    2010-10-01

    ... 46 Shipping 2 2010-10-01 2010-10-01 false Trust. 67.36 Section 67.36 Shipping COAST GUARD... Citizenship Requirements for Vessel Documentation § 67.36 Trust. (a) For the purpose of obtaining a registry or recreational endorsement, a trust arrangement meets citizenship requirements if: (1) Each of...

  17. 40 CFR 280.102 - Trust fund.

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 26 2010-07-01 2010-07-01 false Trust fund. 280.102 Section 280.102...) Financial Responsibility § 280.102 Trust fund. (a) An owner or operator may satisfy the requirements of § 280.93 by establishing a trust fund that conforms to the requirements of this section. The...

  18. An Adaptive Trust Model of Web Services

    Institute of Scientific and Technical Information of China (English)

    SU Jin-dian; GUO He-qing; GAO Yin

    2005-01-01

    This paper proposes a dynamic Web service trust(WS Trust ) model, and some corresponding trust metric evaluation algorithms. The main goal is to evaluate the trustworthiness and predict the future behaviors of entities in order to help users find trustworthy Web service providers and prevent users from providing unfair ratings against service providers.

  19. Animal Behaviour: Friendship Enhances Trust in Chimpanzees.

    Science.gov (United States)

    Silk, Joan

    2016-01-25

    Individuals that participate in exchanges with delayed rewards can be exploited if their partners don't reciprocate. In humans, friendships are built on trust, and trust enhances cooperation. New evidence suggests that close social bonds also enhance trust in chimpanzees.

  20. Trusted Certificates in Quantum Cryptography

    OpenAIRE

    Perkins, William

    2006-01-01

    This paper analyzes the performance of Kak's three stage quantum cryptographic protocol based on public key cryptography against a man-in-the-middle attack. A method for protecting against such an attack is presented using certificates distributed by a trusted third party.

  1. Ombud's Corner: tried and trusted

    CERN Multimedia

    Sudeshna Datta-Cockerill

    2014-01-01

    Trust is an essential ingredient in all working relationships. When trust breaks down, conflicts may arise and teams may stop working in harmony. The Ombud is there to help you to find your way out before the point of no return is reached.   Reliability, integrity, expertise and good will: these are the four pillars on which trust is built. Trust between colleagues may break down for many different reasons, including misunderstandings, and the way to restoring the relationship is through working on these four pillars. For instance, if we assume that we do indeed have the expertise to deal with a particular task assigned to us, we may need to improve our reliability by making sure that we meet deadlines and expectations or demonstrate our integrity by acknowledging and accepting accountability for this, all the while showing that we are doing our best to do whatever it takes to achieve the common goals and restore our colleagues’ faith in us. All four of these pillars need to be in...

  2. Trusted advisers build business success

    NARCIS (Netherlands)

    V.M. Strike (Vanessa)

    2010-01-01

    textabstractThe role of the trusted and most loyal adviser has been a crucial one to family concerns throughout the ages. During the Korean Joseon Dynasty, Kim Cheo-Seon, a eunuch, advised successive kings wisely. Sir Francis Walsingham, Principal Secretary to Queen Elizabeth I of England, is rememb

  3. Description of the Wellcome Trust

    Institute of Scientific and Technical Information of China (English)

    2011-01-01

    @@ Introduction The Wellcome Trust supports research of the highest quality with the aim of improving human and animal health, and our Strategic Plan provides the framework for how we intend to evolve our support to be even more effective in achieving this aim.

  4. Review of Interorganizational Trust Models

    Science.gov (United States)

    2010-09-01

    58 2.24 STEPHENS, FULK , & MONGE (2009) ................................................................................................ 59...trust. 2.24 Stephens, Fulk , & Monge (2009) STEPHENS, K. J., FULK , J., & MONGE, P. R. (2009). Constrained choices in alliance formations: Cupids and...organizational marriages. Human Relations, 62, 501-536. Stephens, Fulk , and Monge (2009) note that the rate at which organizations are entering into

  5. Social Capital. Trust and Ideology

    Directory of Open Access Journals (Sweden)

    Jacek TITTENBRUN

    2013-06-01

    Full Text Available The paper offers a critical analysis of the central concept around which the popular construct of social capital is organised, i.e. trust. To this end the views of Fukuyama, the leading exponent of the said concept are considered. As a result, the concept in question is found to be ideologically charged and substantively weak in many respects.

  6. Can I Trust Your Findings?

    DEFF Research Database (Denmark)

    Cuervo-Cazurra, Alvaro; Andersson, Ulf; Yoko Brannen, Mary

    2016-01-01

    this complexity and ensure that readers can trust their findings. We provide suggestions for how to rule out alternative explanations, explaining key considerations not only in empirical analyses, but also in theory building and in research design. Our discussion covers both qualitative and quantitative studies...

  7. Education and the National Trust.

    Science.gov (United States)

    Binns, Gareth

    1995-01-01

    Defines the British National Trust as it marks its centenary. Known for its work in protecting historic buildings and places of natural beauty, a major focus is now education. Schoolchildren may attend curriculum-based special programs when visiting historic houses and the countryside. Others use open-space sites with no specific education…

  8. Trusted advisers build business success

    NARCIS (Netherlands)

    V.M. Strike (Vanessa)

    2010-01-01

    textabstractThe role of the trusted and most loyal adviser has been a crucial one to family concerns throughout the ages. During the Korean Joseon Dynasty, Kim Cheo-Seon, a eunuch, advised successive kings wisely. Sir Francis Walsingham, Principal Secretary to Queen Elizabeth I of England, is rememb

  9. Taxability of Educational Benefits Trusts

    Science.gov (United States)

    Temple Law Quarterly, 1976

    1976-01-01

    Corporations have found the promise of providing a college education to the children of employees--without the recognition of income to the parent-employee--to be a popular fringe benefit. The Internal Revenue Service has attacked educational benefit trusts in Revenue Ruling 75-448. Implications are discussed. (LBH)

  10. Trusted advisers build business success

    NARCIS (Netherlands)

    V.M. Strike (Vanessa)

    2010-01-01

    textabstractThe role of the trusted and most loyal adviser has been a crucial one to family concerns throughout the ages. During the Korean Joseon Dynasty, Kim Cheo-Seon, a eunuch, advised successive kings wisely. Sir Francis Walsingham, Principal Secretary to Queen Elizabeth I of England, is

  11. Toward a generic model of trust for electronic commerce

    NARCIS (Netherlands)

    Tan, YH; Thoen, W

    2000-01-01

    The authors present a generic model of trust for electronic commerce consisting of two basic components, party trust and control trust, based on the concept that trust in a transaction with another party combines trust in the other parry and trust in the control mechanisms that ensure the successful

  12. Toward a generic model of trust for electronic commerce

    NARCIS (Netherlands)

    Tan, YH; Thoen, W

    2000-01-01

    The authors present a generic model of trust for electronic commerce consisting of two basic components, party trust and control trust, based on the concept that trust in a transaction with another party combines trust in the other parry and trust in the control mechanisms that ensure the successful

  13. The Effects of Trust Transference, Mobile Attributes and Enjoyment on Mobile Trust

    OpenAIRE

    Cristiane Junqueira Giovannini; Jorge Brantes Ferreira; Jorge Ferreira da Silva; Daniel Brantes Ferreira

    2015-01-01

    Trust is essential in building relationships. In mobile commerce, as in electronic commerce, trust is even more valuable given the absence of human contact and direct observation of the service provider. Despite the importance of trust for mobile commerce, there has been little academic effort to study the relationships between mobile devices unique components of interactivity and customer trust, or the relationship between offline, online and mobile trust. This study proposes a t...

  14. Leader trustworthy behavior and organizational trust: The role of the immediate manager for cultivating trust

    OpenAIRE

    Thomas, Geoff; Legood, A; Sacramento, C

    2016-01-01

    Drawing from both trust-building theory and interpersonal trust literature, we investigate how trust between a leader and follower may be leveraged to influence organizational trust. We also explore the mediating mechanisms of this link and test a potential moderator. A cross-sectional, multi-foci design was adopted and participants were 201 employees within a public sector organization. Leader trustworthy behavior was found to predict organizational trust, mediated by trustworthiness percept...

  15. Analysis of Dividend Policy of the Romanian Financial Investment Companies

    Directory of Open Access Journals (Sweden)

    Nicoleta BARBUTA-MISU

    2013-12-01

    Full Text Available The purpose of dividend policy, promoted by a joint-stock company may be: building trust and forming a true business ownership, business growth, increase creditworthiness of the company and of trust others to it. The paper aim is to study the dividend policy to those five Romanian Financial Investment Companies in the period 2006-2012, through a series of specific indicators such as: dividend per share, dividend growth rate, dividend distribution rate, dividend yield, earnings per share, price earnings ratio, in order to reflect the performance and the impact of financial crisis on their performance on the financial market. Tracking the dynamics of these indicators allows us to draw conclusions on the position of the companies on the securities market, and their level influences the decision of shareholders to maintain or withdraw of shares, to invest in other more profitable businesses. Dividend yields made every year by Financial Investment Companies justify the high interest from investors for these shares. Currently, these companies offer a very attractive return for investors compared to the average dividend yield of the Stock Exchange. The evolution of the price earnings ratio shows the normal trend of rise of the companies’ shares in the period 2007-2008, after that they have entered the market at highly undervalued levels especially after declining in 2008.

  16. The multileveled division of trust labour

    DEFF Research Database (Denmark)

    Frederiksen, Morten

    The trust concept is inherently linked to institutional issues. Trust, according to contemporary research, may be directed at both people and institutions and the influence of institutions may affect both trust in other people and trust in other institutions. This conceptual stretching takes place...... at the intersubjective and institutional levels. I argue that confidence in institutions define the playing field of uncertainty in intersubjective relations, thus underpinning both the possibility and scope of intersubjective trust. However, once confidence in the institutional setting is brought into question...

  17. Global electricity company profiles

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1997-12-31

    Global Electricity Company Profiles examines the operations and strategies of 60 of the leading electricity companies in the world. Through its analysis of the key players, the report provides a comprehensive review of the current state of the global electricity industry. Using electricity sales as its criteria, the most successful companies are compared in terms of their national, regional and global importance. Global Electricity Company Profiles provides an outline of each company, its structure and operations, as well as key financial data. The detailed performance benchmarking and review of expectations for future development for each individual company provide a wealth of invaluable strategic information not available elsewhere. (author)

  18. A Study on the Interrelations between the Security-Related Antecedents of Customers' Online Trust

    Science.gov (United States)

    Peikari, Hamid Reza

    Despite the wide attention of previous studies to explore the influence of different security-related factors on customers' online trust, the interrelations between such factors and their direct and indirect influences on customers' trust have been neglected. This study investigates the direct and indirect interrelations between the factors authentication, encryption, technical protection and externally provided assurances including third party security and privacy seals with customers' trust in the business-to-customer (B2C) environment. The data was collected from 238 respondents and after the test of reliability and validity of the scale, the hypotheses were tested using structural equation modeling. The results showed that customers' perception of encryption and authentication mechanisms implemented by a Website have a positive significant influence on their perceived technical protection while technical protection was found to significantly influence customers' trust to the Website. However, the analysis did not find any relation between the third party assurance and customers' trust, indicating that despite the high expenses companies involve to obtain such assurances from reputed third parties, such mechanisms and assurances do not have any direct or indirect significant influence on customers' trust; which raises questions on the value of such mechanisms .finally, after discussing the findings and implication of this study for both academic and business worlds, suggestions for future studies were made to have a better understanding of the dimensions of the interrelations between the security-related factors.

  19. Predators and the public trust.

    Science.gov (United States)

    Treves, Adrian; Chapron, Guillaume; López-Bao, Jose V; Shoemaker, Chase; Goeckner, Apollonia R; Bruskotter, Jeremy T

    2017-02-01

    Many democratic governments recognize a duty to conserve environmental resources, including wild animals, as a public trust for current and future citizens. These public trust principles have informed two centuries of U.S.A. Supreme Court decisions and environmental laws worldwide. Nevertheless numerous populations of large-bodied, mammalian carnivores (predators) were eradicated in the 20th century. Environmental movements and strict legal protections have fostered predator recoveries across the U.S.A. and Europe since the 1970s. Now subnational jurisdictions are regaining management authority from central governments for their predator subpopulations. Will the history of local eradication repeat or will these jurisdictions adopt public trust thinking and their obligation to broad public interests over narrower ones? We review the role of public trust principles in the restoration and preservation of controversial species. In so doing we argue for the essential roles of scientists from many disciplines concerned with biological diversity and its conservation. We look beyond species endangerment to future generations' interests in sustainability, particularly non-consumptive uses. Although our conclusions apply to all wild organisms, we focus on predators because of the particular challenges they pose for government trustees, trust managers, and society. Gray wolves Canis lupus L. deserve particular attention, because detailed information and abundant policy debates across regions have exposed four important challenges for preserving predators in the face of interest group hostility. One challenge is uncertainty and varied interpretations about public trustees' responsibilities for wildlife, which have created a mosaic of policies across jurisdictions. We explore how such mosaics have merits and drawbacks for biodiversity. The other three challenges to conserving wildlife as public trust assets are illuminated by the biology of predators and the interacting

  20. Political Trust and Sophistication: Taking Measurement Seriously.

    Science.gov (United States)

    Turper, Sedef; Aarts, Kees

    2017-01-01

    Political trust is an important indicator of political legitimacy. Hence, seemingly decreasing levels of political trust in Western democracies have stimulated a growing body of research on the causes and consequences of political trust. However, the neglect of potential measurement problems of political trust raises doubts about the findings of earlier studies. The current study revisits the measurement of political trust and re-examines the relationship between political trust and sophistication in the Netherlands by utilizing European Social Survey (ESS) data across five time points and four-wave panel data from the Panel Component of ESS. Our findings illustrate that high and low political sophistication groups display different levels of political trust even when measurement characteristics of political trust are taken into consideration. However, the relationship between political sophistication and political trust is weaker than it is often suggested by earlier research. Our findings also provide partial support for the argument that the gap between sophistication groups is widening over time. Furthermore, we demonstrate that, although the between-method differences between the latent means and the composite score means of political trust for high- and low sophistication groups are relatively minor, it is important to analyze the measurement characteristics of the political trust construct.

  1. Exploring trust relationships during times of change

    Directory of Open Access Journals (Sweden)

    Hartmut Von der Ohe

    2010-03-01

    Full Text Available Orientation: In the current economic climate and the resulting fast-changing global business and political environment, trust among different role players in organisations has become critical for survival.Research purpose: The objective of this study was to explore the impact of different variables such as demographics on trust relationships in South African organisations.Motivation for the study: Anecdotal evidence and preliminary data collected for a national trust indicator seemed to suggest a shift in trust levels in organisations.Research design: A trust questionnaire was administered to a convenience sample of 307 respondents in all economic sectors. Parametric and nonparametric analyses were used to determine significant differences among economic sectors, job levels and sample periods.Main findings: No significant differences were found for job levels or the different sample periods. However, significant differences were found for the economic sectors and, specifically, between government participants and other sectors for the dimensions of change, team management, organisational trust, information sharing and credibility.Practical implications: In times of change, leadership in organisations need to be aware of the impact on trust levels. It is therefore important that leaders in government focus more on trust-enhancing behaviours needed to repair mistrust in organisations.Contribution: Although the effect of time on trust levels is inconclusive, the clearly differing levels of trust in various economic sectors point to the importance of appropriate and fitting approaches to building trust and not a ‘one-size-fits-all’ attitude.

  2. Validating the Trust in Teams and Trust in Leaders Scales

    Science.gov (United States)

    2006-01-01

    for the sex differences, and the extent to which this assumption was founded on gender stereotypes is unclear. It was also unclear what dimensions of...expect that they may also colour the trust judgements that we make when we encounter a new person. Further, Dunn and Schweitzer (2005) argue that...response rates, and could colour how other scales would be completed. So, the selection of appropriate scales and minor alterations to the validation

  3. The Relationship between Teamwork and Organizational Trust

    Directory of Open Access Journals (Sweden)

    Musab Isik

    2016-01-01

    Full Text Available The aim of this study is to investigate the relationship between teamwork and organizational trust. In the implementation section the data from the survey of 250 workers is employed in call centers in Erzurum by using relevant statistical  methods. Consequently, it is found that there is a positive and significant relationship between teamwork and organizational trust. Thus, the hypothesis of the study is supported as it was expected. Besides, it is found that there are positive and significant relationships between communication, openness to innovation, participation-trust in teamwork and organizational trust, trust in management, trust in co-workers, and trust in workplace.

  4. Research on Trust Mechanism in Rural Cooperatives

    Institute of Scientific and Technical Information of China (English)

    2011-01-01

    The thesis introduces the generation and mechanism of action of trust during cooperation, which indicates that trust can activate the members’ participation in management and investment, and preclude the generation of members’ will and behavior of breach of contract so as to guarantee the stable development of farmers’ cooperatives; the decreasing degree of trust can put sand in the wheels of farmers’ cooperatives. Based on these, we conduct survey of questionnaire on 197 rural households of 10 farmers’ cooperatives in Yanliang, Xi’an, Lintong and Yanglin . By analyzing the generation of trust mechanism and survey data, some suggestions are put forward as follows: promote inner communication; remodel the trust culture of informal system; hew to contractual system; perfect the system of motivation and punishment; establish the system of equal property right and investment; implement management and supervision by job rotation so as to promote the trust degree among the members of farmers’ cooperatives and keep the benign recycle of "trust-cooperation".

  5. Going global: Trust research and international relations

    DEFF Research Database (Denmark)

    Ruzicka, Jan; Keating, Vincent Charles

    2015-01-01

    relations – rationalist, social and psychological. We not only note the contributions these have made to understanding the role of trust internationally, but also highlight areas where more research is needed. Particularly, we argue that this includes theorising processes of trust......In this review article we explore the growing body of literature on the subject of trust in the field of international relations. We argue that the international level represents a unique challenge for trust research. This is so because some of the most pressing problems facing the world today...... require the development of trusting relationships internationally. In addition, the international environment is structurally different from domestic or personal relations on which much of the trust literature has focused so far. We identify three main strands of trust literature in international...

  6. Trust dynamics in a large system implementation

    DEFF Research Database (Denmark)

    Schlichter, Bjarne Rerup; Rose, Jeremy

    2013-01-01

    A large information systems implementation (such as Enterprise Resource Planning systems) relies on the trust of its stakeholders to succeed. Such projects impact diverse groups of stakeholders, each with their legitimate interests and expectations. Levels of stakeholder trust can be expected...... outcomes, but largely ignored the dynamics of trust relations. Giddens, as part of his study of modernity, theorises trust dynamics in relation to abstract social systems, though without focusing on information systems. We use Giddens’ concepts to investigate evolving trust relationships in a longitudinal...... to vary in large-scale implementations (which can take several years), and cannot be taken for granted. Previous studies have largely focused on the taxonomic deconstruction of the trust construct, through point-in-time variance studies. They have identified the relationship between trust and project...

  7. Going global: Trust research and international relations

    DEFF Research Database (Denmark)

    Ruzicka, Jan; Keating, Vincent Charles

    2015-01-01

    In this review article we explore the growing body of literature on the subject of trust in the field of international relations. We argue that the international level represents a unique challenge for trust research. This is so because some of the most pressing problems facing the world today...... require the development of trusting relationships internationally. In addition, the international environment is structurally different from domestic or personal relations on which much of the trust literature has focused so far. We identify three main strands of trust literature in international...... relations – rationalist, social and psychological. We not only note the contributions these have made to understanding the role of trust internationally, but also highlight areas where more research is needed. Particularly, we argue that this includes theorising processes of trust...

  8. Public knowledge and public trust.

    Science.gov (United States)

    Cunningham-Burley, Sarah

    2006-01-01

    As health care applications derived from human genetics research are likely to move increasingly from 'clinic to community', there is growing interest not just in how patients understand and take up health-related genetic information but also in the views of the wider population, as well as a range of professional groups. In this paper, issues relating public knowledge and public trust are raised and discussed in an attempt to move forward debates about public involvement in genomic research and the role of sociologists within interdisciplinary teams. As the field of public understanding of science has developed, we have seen a shift from a focus on the lack of scientific literacy as problem to a recognition of the range of different knowledges that people have and use as they confront science and technology in their everyday lives. As a mood for dialogue pervades many institutions in their relations with 'publics', attention must now be paid to the way in which knowledge and expertise is expressed, heard and acted upon in dialogic encounters. There is increasing concern about public trust in science and calls to increase public confidence, particularly through more open engagement with a range of publics. However, lack of trust or loss of confidence may be constructed as problems rather than reflecting empirical reality, where more complex relationships and attitudes prevail. Lack of trust is often privatized, deeply rooted in lived experience and routinely managed. Trust relations are generally characterized by ambivalence, uncertainty and risk, and are always provisional. Drawing on selected literature and empirical research to review and illustrate this field, this paper argues that scepticism or ambivalence on the part of publics are not necessarily problems to be overcome in the interest of scientific progress, but rather should be mobilized to enhance open and public debates about the nature and direction of genomics research, medicine, and the related

  9. Public reaction to direct-to-consumer online genetic tests: Comparing attitudes, trust and intentions across commercial and conventional providers.

    Science.gov (United States)

    Critchley, Christine; Nicol, Dianne; Otlowski, Margaret; Chalmers, Don

    2015-08-01

    The success of personalised medicine depends upon the public's embracing genetic tests. Tests that claim to predict an individual's future health can now be accessed via online companies outside of conventional health regulations. This research assessed the extent to which the public embrace direct-to-consumer (DTC) genetic tests relative to those obtained by a conventional medical practitioner (MP). It also examined the reasons for differences across providers using a randomised experimental telephone survey of 1000 Australians. Results suggest that people were significantly less likely to approve of, and order a DTC genetic test administered by a company compared to a MP because they were less trusting of companies' being able to protect their privacy and provide them with access to genetic expertise and counselling. Markets for DTC genetic tests provided by companies would therefore significantly increase if trust in privacy protection and access to expertise are enhanced through regulation.

  10. Strategies for building trust with farmers: the case of Bt maize in South Africa

    Directory of Open Access Journals (Sweden)

    Ezezika Obidimma C

    2012-11-01

    Full Text Available Abstract Background In 1999, South Africa became the first African country to approve commercial production of subsistence genetically modified (GM maize. The introduction of GM crop technology is often met with skepticism by stakeholders including farmers. The involvement of the private sector in this process can further breed mistrust or misperceptions. To examine these issues more closely, the objective of this case study was to understand the role of trust in the public-private partnership (PPP arrangement involved in the development of Bacillus thuringiensis (Bt maize in South Africa. Methods We conducted semi-structured, face-to-face interviews to obtain stakeholders’ understanding of trust in general as well as in the context of agricultural biotechnology (agbiotech PPPs. A thematic analysis of the interview transcripts, documents, reports and research articles was conducted to generate insights into the challenges to, and practices for, building trust among the partners and with the public. Results The findings of this study are organized into four main lessons on trust building. First, as the end users of GM technology, farmers must be engaged from the start of the project through field demonstrations and educational activities. Second, an effective technology (i.e., the seed is key to the success of an agbiotech PPP. Third, open communication and full disclosure between private sector companies and government regulatory bodies will build trust and facilitate the regulatory processes. Fourth, enforcing good agronomic practices, including appropriate management of the refuge areas, will serve the interests of both the farmers and the seed companies. Conclusions Trust has proven to be a critical factor determining the success of the Bt maize project in South Africa. Distrust of the private sector and of GM technology were cited as major barriers to building trust. The trust-building practices described in this case study have often

  11. Retrieval system for emplaced spent unreprocessed fuel (SURF) in salt bed depository. Baseline concept criteria specifications and mechanical failure probabilities

    Energy Technology Data Exchange (ETDEWEB)

    Hudson, E.E.; McCleery, J.E.

    1979-05-01

    One of the integral elements of the Nuclear Waste Management Program is the material handling task of retrieving Canisters containing spent unreprocessed fuel from their emplacement in a deep geologic salt bed Depository. A study of the retrieval concept data base predicated this report. In this report, alternative concepts for the tasks are illustrated and critiqued, a baseline concept in scenario form is derived and basic retrieval subsystem specifications are presented with cyclic failure probabilities predicted. The report is based on the following assumptions: (a) during retrieval, a temporary radiation seal is placed over each Canister emplacement; (b) a sleeve, surrounding the Canister, was initially installed during the original emplacement; (c) the emplacement room's physical and environmental conditions established in this report are maintained while the task is performed.

  12. Conceptual design of retrieval systems for emplaced transuranic waste containers in a salt bed depository. Final report

    Energy Technology Data Exchange (ETDEWEB)

    Fogleman, S.F.

    1980-04-01

    The US Department of Energy and the Nuclear Regulatory Commission have jurisdiction over the nuclear waste management program. Design studies were previously made of proposed repository site configurations for the receiving, processing, and storage of nuclear wastes. However, these studies did not provide operational designs that were suitable for highly reliable TRU retrieval in the deep geologic salt environment for the required 60-year period. The purpose of this report is to develop a conceptual design of a baseline retrieval system for emplaced transuranic waste containers in a salt bed depository. The conceptual design is to serve as a working model for the analysis of the performance available from the current state-of-the-art equipment and systems. Suggested regulations would be based upon the results of the performance analyses.

  13. Sinking slowly: Diversity in propensity to trust predicts downward trust spirals in small groups.

    Science.gov (United States)

    Ferguson, Amanda J; Peterson, Randall S

    2015-07-01

    This paper examines the phenomenon of trust spirals in small groups. Drawing on literature on the spiral reinforcement of trust, we theorize that diversity in propensity to trust has affective and cognitive consequences related to trust (i.e., feelings of frustration and perceptions of low similarity), reducing the level of experienced intragroup trust early in a group's development. Reduced experienced trust then fuels relationship conflict and lowers trust even further over time, ultimately having a negative effect on group performance. These ideas are tested using a sample of MBA student groups surveyed at 3 time periods over 4 months. Results confirm our hypothesis that diversity in propensity to trust is sufficient to trigger a downward trust spiral and poor performance in small groups.

  14. Trust and the regulation of pharmaceuticals: South Asia in a globalised world

    Directory of Open Access Journals (Sweden)

    Rawal Nabin

    2011-04-01

    Full Text Available Abstract Background Building appropriate levels of trust in pharmaceuticals is a painstaking and challenging task, involving participants from different spheres of life, including producers, distributors, retailers, prescribers, patients and the mass media. Increasingly, however, trust is not just a national matter, but involves cross-border flows of knowledge, threats and promises. Methods Data for this paper comes from the project 'Tracing Pharmaceuticals in South Asia', which used ethnographic fieldwork and qualitative interviews to compared the trajectories of three pharmaceuticals (Rifampicin, Oxytocin and Fluoxetine from producer to patient in three sites (north India, West Bengal and Nepal between 2005-08. Results We argue that issues of trust are crucial in reducing the likelihood of appropriate use of medicines. Unlike earlier discussions of trust, we suggest that trust contexts beyond the patient-practitioner relationship are important. We illustrate these arguments through three case studies: (i a conflict over ethics in Nepal, involving a suggested revised ethical code for retailers, medical representatives, producers and prescribers; (ii disputes over counterfeit, fake, substandard and spurious medicines, and quality standards in Indian generic companies, looking particularly at the role played by the US FDA; and (iii the implications of lack of trust in the DOTS programmes in India and Nepal for the relationships among patients, government and the private sector. Conclusions We conclude that the building of trust is a necessary but always vulnerable and contingent process. While it might be desirable to outline steps that can be taken to build trust, the range of conflicting interests in the pharmaceutical field make feasible solutions hard to implement.

  15. Dimensionality of trust: An analysis of the relations between propensity, trustworthiness and trust

    Directory of Open Access Journals (Sweden)

    Marita Heyns

    2015-02-01

    Full Text Available Orientation: Research concerning trust relationships on the interpersonal level, particularly when studied in dyadic relationships from the follower’s point of view, is relatively scarce. Only a few researchers have attempted to link multiple dimensions of trust in the same study.Research purpose: This study examined the dynamic interplay between trust propensity, trustworthiness beliefs and the decision to trust, as perceived within dyadic workplace relationships. Motivation for the study: No studies, as far as the authors are aware, have ever attempted to use a combination of Mayer and Davis’s well-known assessment of trustworthiness and Gillespie’s measure of behavioural trust within the same study. By including measures of main antecedents and the actual decision to trust in the same study, the multidimensionality of trust can be established more concretely.Research approach, design and method: A cross-sectional survey design with a convenience sample (N = 539 was used. The Behavioural Trust Inventory and the Organisational Trust Instrument were administered.Main findings: Results confirmed the distinctness of propensity, trustworthiness and trust as separate main constructs. Trust was strongly associated with trustworthiness beliefs. Trustworthiness beliefs fully mediated the relationship between propensity and trust. The observed relations between propensity and trustworthiness suggest that individuals with a natural predisposition to trust others will be more inclined to perceive a specific trust referent as trustworthy.Practical/managerial implications: Leaders should realise that their attitudes and behaviour have a decisive impact on trust formation processes: if they are being perceived as trustworthy, followers will be likely to respond by engaging in trusting behaviours towards them. Tools to assess followers’ perceptions of the trustworthiness of the leader may provide useful feedback that can guide leaders

  16. Trust Development in Small Teams

    Science.gov (United States)

    2016-06-07

    largest effort in this regard is currently underway in a project directed at modelling trust in virtual architecture , engineering and construction (AEC...stressors (e.g. time pressure, sleep deprivation) is perhaps the most important form of competence used to judge the trustworthiness of other... sleep deprivation). It is interesting to note that the extremity of the hardships and having endured the risks of specific operations seem to allow

  17. Multilevel Contracts for Trusted Components

    CERN Document Server

    Messabihi, Mohamed; Attiogbé, Christian; 10.4204/EPTCS.37.6

    2010-01-01

    This article contributes to the design and the verification of trusted components and services. The contracts are declined at several levels to cover then different facets, such as component consistency, compatibility or correctness. The article introduces multilevel contracts and a design+verification process for handling and analysing these contracts in component models. The approach is implemented with the COSTO platform that supports the Kmelia component model. A case study illustrates the overall approach.

  18. Calibration of Trust and Distrust

    Science.gov (United States)

    2016-06-07

    entrenched beliefs and behaviours, regardless of whether they are positive or negative ( Deutsch , 1973). Any proclivity toward either an exaggerated...Trust in Organizations: Frontiers of Theory and Research (pp. 246-260). Thousand Oaks, CA: Sage Publications. DEUTSCH , M. (1973). The...Bunker, B., & Rubin, J. (Eds.). Conflict, cooperation, and justice: Essays inspired by the work of Morton Deutsch . (pp.133-173). San Francisco, CA, US

  19. Money and trust among strangers.

    Science.gov (United States)

    Camera, Gabriele; Casari, Marco; Bigoni, Maria

    2013-09-10

    What makes money essential for the functioning of modern society? Through an experiment, we present evidence for the existence of a relevant behavioral dimension in addition to the standard theoretical arguments. Subjects faced repeated opportunities to help an anonymous counterpart who changed over time. Cooperation required trusting that help given to a stranger today would be returned by a stranger in the future. Cooperation levels declined when going from small to large groups of strangers, even if monitoring and payoffs from cooperation were invariant to group size. We then introduced intrinsically worthless tokens. Tokens endogenously became money: subjects took to reward help with a token and to demand a token in exchange for help. Subjects trusted that strangers would return help for a token. Cooperation levels remained stable as the groups grew larger. In all conditions, full cooperation was possible through a social norm of decentralized enforcement, without using tokens. This turned out to be especially demanding in large groups. Lack of trust among strangers thus made money behaviorally essential. To explain these results, we developed an evolutionary model. When behavior in society is heterogeneous, cooperation collapses without tokens. In contrast, the use of tokens makes cooperation evolutionarily stable.

  20. THE FINANCIAL RESTORATION OF INSURANCE COMPANIES

    Directory of Open Access Journals (Sweden)

    LUMINITA TULEASCA

    2012-05-01

    Full Text Available The entire legal regulation of the insurance market is focused on the protection of the insurance policies holders, on keeping their trust in the insurance system and on the maintenance of the financial market steadiness. Noticing and solving the problems prior to the occurrence of insurers’ insolvency situation represents a fundamental aspect for the means of achieving such objective.By this survey we will analyse the financial restoration procedure of the insurance companies, Romanian legal entities, through the perspective of the whole aggregate of legal issues involved by this extremely complex and sensitive process required by the special nature of the insurance companies and by the impact of the activities carried out by these companies for the economic and social life of a state.Thus, there have been pointed out the particularities and the special nature of the insurance companies’ financial restoration as compared to the reorganization of the regular trade companies, the insurers’ means of avoiding the business failure, of avoiding the bankruptcy.

  1. MERGER ACCOUTING FOR COMPANIES

    Directory of Open Access Journals (Sweden)

    SUCIU GHEORGHE

    2014-05-01

    Full Text Available Companies, especially nowadays, are characterized through great mobility, fast circulation of capital, occurring in their chase for profit. In this context, companies look for alliances, economical and political assistance. These objectives can materialize through merging of companies. The merger can be internal (between Romanian companies or transboundary, which includes foreign companies. In order to correctly reflect these events, the merger operations must be regulated and must respect national and international regulations. One important request concerning the merger operations is that the accounting values of the assets, debts and ownership equity must be brought to the present financial value.

  2. Trusted Routing Based on Dynamic Trust Mechanism in Mobile Ad-Hoc Networks

    Science.gov (United States)

    Peng, Sancheng; Jia, Weijia; Wang, Guojun; Wu, Jie; Guo, Minyi

    Due to the distributed nature, mobile ad-hoc networks (MANETs) are vulnerable to various attacks, resulting in distrusted communications. To achieve trusted communications, it is important to build trusted routes in routing algorithms in a self-organizing and decentralized fashion. This paper proposes a trusted routing to locate and to preserve trusted routes in MANETs. Instead of using a hard security mechanism, we employ a new dynamic trust mechanism based on multiple constraints and collaborative filtering. The dynamic trust mechanism can effectively evaluate the trust and obtain the precise trust value among nodes, and can also be integrated into existing routing protocols for MANETs, such as ad hoc on-demand distance vector routing (AODV) and dynamic source routing (DSR). As an example, we present a trusted routing protocol, based on dynamic trust mechanism, by extending DSR, in which a node makes a routing decision based on the trust values on its neighboring nodes, and finally, establish a trusted route through the trust values of the nodes along the route in MANETs. The effectiveness of our approach is validated through extensive simulations.

  3. From the general to the specific: How social trust motivates relational trust.

    Science.gov (United States)

    Robbins, Blaine G

    2016-01-01

    When people form beliefs about the trustworthiness of others with respect to particular matters (i.e., when individuals trust), theory suggests that they rely on preexistent cognitive schemas regarding the general cooperativeness of individuals and organizations (i.e., social trust). In spite of prior work, the impact of social trust on relational trust-or what Russell Hardin (2002) calls trust as a three-part relation where actor A trusts actor B with reference to matter Y-is not well established. Four vignette experiments were administered to Amazon.com Mechanical Turk workers (N = 1388 and N = 1419) and to public university undergraduate students (N = 995 and N = 956) in order to investigate the relationship between social trust and relational trust. Measures of general social trust and particular social trust produced statistically equivalent effects that were positively associated with relational trust. Political trust, however, was statistically unrelated to relational trust. These results support the idea that people rely on schemas and stereotypes concerned with the general cooperativeness and helpfulness of others when forming beliefs about another person's trustworthiness with respect to a particular matter at hand. Copyright © 2015 Elsevier Inc. All rights reserved.

  4. H-Trust:A Group Trust Management System for Peer-to-Peer Desktop Grid

    Institute of Scientific and Technical Information of China (English)

    Huanyu Zhao; Xiaolin Li

    2009-01-01

    Peer-to-Peer Desktop Grid(P2PDG)has emerged as a pervasive cyber-infrastructure tackling many largescale applications with high impacts.As a burgeoning research area,P2PDG can support numerous applications,including scientific computing,file sharing,web services,and virtual organization for collaborative activities and projects.To handle trustworthiness issues of these services.trust and reputation schemes are proposed to establish trust among peers in P2PDG.In this paper,we propose a robust group trust management system,called H-Trust,inspired by the H-index aggregation technique.Leveraging the robustness of the H-index algorithm under incomplete and uncertain circumstances.H-Trust offers a robust personalized reputation evaluation mechanism for both individual and group trusts with minimal communication and computation overheads.We present the H-Trust scheme in five phases,including trust recording,local trust evaluation,trust query phase,spatiai-temporal update phase,and group reputation evaluation phases.The rationale for its design,the analysis of the algorithm are further investigated.To validate the performance of H-Trust scheme.we designed the H-Trust simulator HTrust-Sim to conduct multi-agent-based simulations.Simulation results demonstrate that H-Trust is robust and can identify and isolate malicious peers in large scale systems even when a large portion of peers are malicious.

  5. Trust me, I'm a researcher!: The role of trust in biomedical research.

    Science.gov (United States)

    Kerasidou, Angeliki

    2017-03-01

    In biomedical research lack of trust is seen as a great threat that can severely jeopardise the whole biomedical research enterprise. Practices, such as informed consent, and also the administrative and regulatory oversight of research in the form of research ethics committees and Institutional Review Boards, are established to ensure the protection of future research subjects and, at the same time, restore public trust in biomedical research. Empirical research also testifies to the role of trust as one of the decisive factors in research participation and lack of trust as a barrier for consenting to research. However, what is often missing is a clear definition of trust. This paper seeks to address this gap. It starts with a conceptual analysis of the term trust. It compares trust with two other related terms, those of reliance and trustworthiness, and offers a defence of Baier's attribute of 'good will' a basic characteristic of trust. It, then, proceeds to consider trust in the context of biomedical research by examining two questions: First, is trust necessary in biomedical research?; and second, do increases in regulatory oversight of biomedical research also increase trust in the field? This paper argues that regulatory oversight is important for increasing reliance in biomedical research, but it does not improve trust, which remains important for biomedical research. It finishes by pointing at professional integrity as a way of promoting trust and trustworthiness in this field.

  6. The Low Cost Airline Consumer Price Sensitivity. An Investigation on The Mediating Role of Promotion and Trust in Brand

    Directory of Open Access Journals (Sweden)

    Janfry Sihite

    2014-12-01

    Full Text Available The ASEAN Open Sky Policy is one of ASEAN policy to open the airspace between the ASEAN member countries. Aviation services based companies including the Low Cost airlines will experience tight com-petition among ASEAN airline companies. This research aim to explore the effect of price on customer loyalty through the mediating role of promotion and trust in brand. The original sample collected from 100 Indonesian low-cost airline Citilink consumer that just arrived in Soekarno-Hatta International Airport, the bootstrapped techniques conducted for 500 sub-samples and further analyzed with structural equation modelling partial least square. The research findings support the low cost airline consumer price sensitivity, furthermore price affect the trust in brand more severe compared with the promotion. Price effect fully mediated through the trust in brand and promotion toward the consumer loyalty. Further research should consider the sensitivity of price to elaborate the decision making process for the low cost airline consumer.

  7. The Value of Trust to Nursing.

    Science.gov (United States)

    Rutherford, Marcella M

    2014-01-01

    Trust, one of nursing's intangible assets, impacts nurses' ability to form meaningful relationships with patients and this connection positively impacts health outcomes. Linking trust to the fabric of nursing and investing in its measurement will become essential to nursing's valuation and the resulting investment in nursing. Trust, as nursing's core value, should be fostered by nurse educators as they prepare the next generation of nurses. Nurse administrators should connect the trust a patient has for his or her nurse and patient cooperation and honest transparent communication between providers and the patient. Banking trust as a valuable nursing asset will substantiate nursing's marketing and support its worth. Nursing's trustworthiness is an intangible asset that warrants protection, as trust once lost is hard to recapture.

  8. Increasing interpersonal trust through divergent thinking

    Directory of Open Access Journals (Sweden)

    Roberta eSellaro

    2014-06-01

    Full Text Available Interpersonal trust is an essential ingredient of many social relationships but how stable is it actually, and how is it controlled? There is evidence that the degree of trust into others might be rather volatile and can be affected by manipulations like drawing attention to personal interdependence or independence. Here we investigated whether the degree of interpersonal trust can be biased by inducing either a more integrative or a more cognitive-control mode by means of a creativity task requiring divergent or convergent thinking, respectively. Participants then performed the Trust Game, which provides an index of interpersonal trust by assessing the money units one participant (the trustor transfers to another participant (the trustee. As expected, participants transferred significantly more money to the trustee after engaging in divergent thinking as compared to convergent thinking. This observation provides support for the idea that interpersonal trust is controlled by domain-general (i.e., not socially dedicated cognitive states.

  9. A New Kind of Subjective Trust Model

    Institute of Scientific and Technical Information of China (English)

    ZHANG Guangwei; KANG Jianchu; LUO Ziqiang; MENG Xiangyi; FANG Peici; LI Deyi

    2006-01-01

    Based on the outstanding characteristics of Cloud Model on the process of transforming a qualitative concept to a set of quantitative numerical values, a formalized model of subjective trust is introduced by which we can transform between qualitative reputation and quantitative voting data. The present paper brings forward algorithms to compute direct trust and recommender trust. Further more, an effective similarity measuring method used to distinguish two users'reputation on knowledge level is also proposed. The given model properly settles the uncertainty and fuzziness properties of subjective trust which is always the weakness of traditional subjective trust model, and provides a step in the direction of proper understanding and definition of human trust.

  10. Trust in a Time of Increasing Diversity

    DEFF Research Database (Denmark)

    Dinesen, Peter Thisted; Sønderskov, Kim Mannemar

    2012-01-01

    In this study, we examine the impact of ethnic diversity in Danish municipalities on citizens’ social trust over the last three decades. During this period, Danish society has grown increasingly ethnically diverse, and this begs the question whether this has influenced trust in others negatively....... Existing evidence from the Anglo-Saxon countries would suggest that this is the case, whereas evidence from the European continent mainly suggests that no link exists between ethnic diversity and social trust. The empirical analysis uses individual-level data on social trust from several surveys in Denmark...... in the period from 1979 to 2009 coupled with diversity at the municipality level. Individual-level measures of trust over time enable us to estimate the impact on social trust of changes in ethnic diversity within municipalities and, we argue, thereby obtain a more precise estimate of the effect of ethnic...

  11. Explaining the emergence of social trust

    DEFF Research Database (Denmark)

    Svendsen, Gunnar Lind Haase; Tinggaard Svendsen, Gert; Graeff, Peter

    2012-01-01

    How does social trust emerge in a country? By comparing the cases of Denmark and Germany through six historical phases, we suggest that a plausible explanation is long run political stability. In Denmark, social trust was arguably allowed to accumulate slowly over time and was probably not destro...... not destroyed up till the universal welfare state of the 20th century. In Germany, however, political instability since the first German state building hampered the emergence and maintenance of social trust, which is why social trust was never allowed to grow in this country.......How does social trust emerge in a country? By comparing the cases of Denmark and Germany through six historical phases, we suggest that a plausible explanation is long run political stability. In Denmark, social trust was arguably allowed to accumulate slowly over time and was probably...

  12. 5 CFR 2640.201 - Exemptions for interests in mutual funds, unit investment trusts, and employee benefit plans.

    Science.gov (United States)

    2010-01-01

    ... plans. (a) Diversified mutual funds and unit investment trusts. An employee may participate in any particular matter affecting one or more holdings of a diversified mutual fund or a diversified unit... in several mutual funds whose portfolios contain stock in a small computer company. Each mutual fund...

  13. Foundations, trusts and funds in near mine closure and post-closure environments: a case from Bolivia

    DEFF Research Database (Denmark)

    Pacheco Cueva, Vladimir

    2012-01-01

    In the last three decades, an increasing number of mining and resources companies around the world have established community funds, trusts and foundations (FTFs) to comply with government legislation or as part of their social or philanthropic programmes. The growth of FTFs follows Corporate Soc...

  14. Trust-Building in Electronic Markets: Relative Importance and Interaction Effects of Trust-Building Mechanisms

    Science.gov (United States)

    Tams, Stefan

    We examine the relative and complementary effectiveness of trust-building strategies in online environments. While prior research has examined various antecedents to trust, we investigated two trust-building mechanisms more in depth: Web site trust and vendor reputation. We tried to understand the relative effectiveness of these two important mechanisms to provide online businesses with a clear recommendation of how to establish trust in an effective and efficient manner. Drawing from the literature on trust, we proposed vendor reputation to be more effective than Web site trust. Moreover, we examined a potential complementary effect of these mechanisms so as to provide online businesses with a deeper understanding of how to derive superior trust. We hypothesize a small such effect. The study proposes a laboratory experiment to test the model.

  15. The Dyadic Trust Scale: Toward Understanding Interpersonal Trust in Close Relationships.

    Science.gov (United States)

    Larzelere, Robert E.; Huston, Ted L.

    1980-01-01

    Dyadic trust proved to be associated with love and with intimacy of self-disclosure, especially for longer married partners. It varied by level of commitment. Partners reciprocated trust more than either love or depth of self-disclosure. (Author)

  16. Increasing interpersonal trust through divergent thinking

    OpenAIRE

    Roberta eSellaro; Bernhard eHommel; de Kwaadsteniet, Erik W.; Colzato, Lorenza S.

    2014-01-01

    Interpersonal trust is an essential ingredient of many social relationships but how stable is it actually, and how is it controlled? There is evidence that the degree of trust into others might be rather volatile and can be affected by manipulations like drawing attention to personal interdependence or independence. Here we investigated whether the degree of interpersonal trust can be biased by inducing either a more integrative or a more focused/exclusive cognitive control mode by means of a...

  17. Assessing Interpersonal Trust in Networked Teams

    Science.gov (United States)

    2012-07-01

    John Mathieu, Stacey Connaughton, Kurt Kraiger, Joyce Osland, and Joan Rentsch). v ASSESSING INTERPERSONAL TRUST IN NETWORKED TEAMS...in Robinson , Shaver, & Wrightsman, 1991, pp. 393–396] and Tolerance for Ambiguity (adapted from Budner, 1962). Propensity to Trust was assessed by...An integrative model of organizational trust. Academy of Management Review, 20(3), 709-734. Robinson , J. P., Shaver, P. R., & Wrightsman, L. S

  18. Representing Trust in Cognitive Social Simulations

    Science.gov (United States)

    Pollock, Shawn S.; Alt, Jonathan K.; Darken, Christian J.

    Trust plays a critical role in communications, strength of relationships, and information processing at the individual and group level. Cognitive social simulations show promise in providing an experimental platform for the examination of social phenomena such as trust formation. This paper describes the initial attempts at representation of trust in a cognitive social simulation using reinforcement learning algorithms centered around a cooperative Public Commodity game within a dynamic social network.

  19. Trust and its Relationship to Demographic Factors

    Directory of Open Access Journals (Sweden)

    Asghar Mirfardi

    2011-01-01

    Full Text Available Problem statement: Social trust is the main theme in the social life. Trust is “the expectation that arises within a community of regular, honest and cooperative behavior, based on commonly shared norms”. Development, social trust and security are intertwined categories and have interaction to each other. Social trust, as a main factor in social capital, provide social context for developmental programs. This study, examine the affect of Demographic factors on the social trust to others. As social trust is a key factor in social relationship, this study is needed to evaluate such factor according to demographic factors. Approach: This study has been done on existing data about Iranian values and attitudes. Some factors such as gender, age, education level, job situation, marital situation have been studied in this study. Some of these variables such as education, correspondence to development level, especially in social development. This study is done via documental method (archive and Documental data about mentioned themes and second analysis of The Iranian National Values and attitudes Survey (2000. Results: Findings of this study indicated that there is significant relationship between all of independent variables (Gender, age, education level, job situation, marital situation and social trust to families and relatives, there is significant relationship between variables such as gender, education level, job situation, marital situation (independent variables and social trust to friends. Analyzing the data showed that, the residents of less and more developed cities have different situation in trust. Conclusion/Recommendations: This study introduces three types of trust upon the development level of societies. Trust in Iran is an example of trust structure in developing societies.

  20. Information Hiding based Trusted Computing System Design

    Science.gov (United States)

    2014-07-18

    and the environment where the system operates (electrical network frequency signals), and how to improve the trust in a wireless sensor network with...the system (silicon PUF) and the environment where the system operates (ENF signals). We also study how to improve the trust in a wireless sensor...Harbin Institute of Technology, Shenzhen , China, May 26, 2013. (Host: Prof. Aijiao Cui) 13) “Designing Trusted Energy-Efficient Circuits and Systems