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Definition of Trust as a Catalyst and the Implications Therefrom: A Deduction from a Literature Review

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  • Peter King

Abstract

Much has been written about trust and trust-building, but no consensual definition of trust has been developed. In this article, the definition of trust as a catalyst is proposed based on a deduction from an aggregation of peer-reviewed articles from across several disciplines and hermeneutic examination of the contents. The paper suggests that discipline-related points of view and common usage of trust as a noun and or a verb leads to confusion in trying to develop a consensual definition. Given the accepted universality of trust, a consensual definition would help achieve a further understanding of both trust and trust-building. The proposed definition permits recognition of discipline-related definitions and suggests the focus of trust should be directed to establishing the conditions under which trust enables successful exchange interactions (i.e., trust-building). The separation of trust and trust-building has implications for management and other relationships. Suggestions for further research are included.

Suggested Citation

  • Peter King, 2021. "Definition of Trust as a Catalyst and the Implications Therefrom: A Deduction from a Literature Review," Journal of Management and Sustainability, Canadian Center of Science and Education, vol. 11(2), pages 1-15, December.
    • Handle: RePEc:ibn:jmsjnl:v:11:y:2021:i:2:p:15
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    References listed on IDEAS

    as
    1. Anton Kriz & Byron Keating, 2010. "Business relationships in China: lessons about deep trust," Asia Pacific Business Review, Taylor & Francis Journals, vol. 16(3), pages 299-318, July.
    2. Iris Bohnet & Benedikt Herrmann & Richard Zeckhauser, 2010. "Trust and the Reference Points for Trustworthiness in Gulf and Western Countries," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 125(2), pages 811-828.
    3. Fabian Bornhorst & Andrea Ichino & Oliver Kirchkamp & Karl Schlag & Eyal Winter, 2010. "Similarities and differences when building trust: the role of cultures," Experimental Economics, Springer;Economic Science Association, vol. 13(3), pages 260-283, September.
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    5. Maroš Servátka & Steven Tucker & Radovan Vadovič, 2011. "Building Trust—One Gift at a Time," Games, MDPI, vol. 2(4), pages 1-22, September.
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    10. Kriz, Anton & Keating, Byron W., 2010. "Business relationships in China: Lessons about deep trust," MPRA Paper 40427, University Library of Munich, Germany.
    11. Ginés Navarro-Carrillo & Inmaculada Valor-Segura & Miguel Moya, 2018. "Do you Trust Strangers, Close Acquaintances, and Members of Your Ingroup? Differences in Trust Based on Social Class in Spain," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 135(2), pages 585-597, January.
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    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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