Intrinsic trust:Towards pursuing a proper mixture of self- and common interests within the good organizational practice

In the academic literature published from the second half of the 1990s, trust is mainly perceived as a transactional concept: the action of one party leads to either trust or mistrust by the other party. The basic moral principle underlying this approach is perceived as utilitarian: optimizing the (dis)advantages for the actors involved. Although this understanding has not changed over time, the social and economic climate has changed. This has revealed a new trust issue in socio-economic systems, such as insurance industries, which emerged during the 2007 financial crisis and has persisted si... Mehr ...