Abstract

Identifying and understanding the similarities and differences between subjective trust criteria in Russian and European business can help offer scientific recommendations for the development of long-term international business cooperation, based on mutual trust, despite the differences between both cultures. The purpose of this study is to describe the relations between the implicit and explicit trust criteria presented in Russian and European studies, and to compare how these criteria are expressed in Russian and European publications from a quantitative perspective. Using the content analysis of European and Russian publications for the period 2005–2015, the following main research questions are considered: (1) Are more references made to explicit trust criteria than implicit trust criteria? (2) Are the explicit criteria focused on a partner’s business mentioned more often than the explicit criteria focused on a partner’s competences and personality? (3) Are more references made to implicit trust criteria in Russian or European scientific articles? As the results reveal, although implicit criteria do not dominate in the subjective trust criteria for business partnerships,they nevertheless have a significant presence. Trust criteria based on characteristics related to business dominate the criteria for a partner’s competences and personality. The differences between explicit and implicit trust criteria in Russian and European publications are not statistically significant. Nevertheless, on average, the difference between implicit and explicit assumptions of confidence is 0.13 in Russian studies and 0.34 in European studies. The study revealed that small companies entering the international market should consider the risks associated with a failure to understand what a business partner considers an implicit sign for triggering business relations and trust.
 Keywords: trust in business relations, implicit and explicit trust criteria

Highlights

  • Introduction[1, 2] The affective-based trust between partners encourage them to move from business or professional relationships to emotional ties [3]

  • Identifying and understanding which subjective trust criteria are used by Russians and Europeans in their business relationships and partnerships will help to make recommendations for the development of long-term international business cooperation

  • Note should be made that the number of explicit criteria mentioned in publications outweigh the references made to implicit criteria, which leads us to conclude that trust in business relationships is mostly based on explicit criteria, with particular focus on the partner’s business and competences

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Summary

Introduction

[1, 2] The affective-based trust between partners encourage them to move from business or professional relationships to emotional ties [3]. The assumption can be made that affective-based trust is consistent with a partner’s implicit beliefs, whereas cognitive-based trust is consistent with explicit beliefs. As is the case with other implicit beliefs, implicit trust criteria are poorly formalized, based on individual experience and have features such as hidden meanings, subjectivity, and ambiguity. Trust as an instrument for the development of business partnerships, is connected to the taskoriented aspects of work [8], assessments of a partner’s technical competences [9], and repeated interactions between parties [10]. Explicit trust criteria are based on the objective results of work experience and feature characteristics such as generalization and a reliance on evidence

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