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Social Capital in the Latvian Transition: Trust and Other Managerial Values

Published online by Cambridge University Press:  20 November 2018

Gundar J. King
Affiliation:
Pacific Lutheran University, U.S.A.
J. Thad Barnowe
Affiliation:
Pacific Lutheran University, U.S.A.

Extract

Values play an important role in any culture, shaping attitudes and aspirations, and supporting economic activities. They are widely acknowledged to be defining elements of business culture for managers and workers alike, despite difficulties in tracing the exact linkages they have with behaviors and events (Connor and Becker 1994). They impact individuals’ ability to make critical adjustments under conditions of accelerating technological change and unprecedented expansion of information transfer (Rothschild 1992). They also are thought to affect how well technological changes and economic activity are integrated with dominant social-political structures, helping to make public policy harmonious with frames of reference individuals hold, and lending meaning to appeals for courses of action (Buchholtz 1986).

Type
Articles
Copyright
Copyright © 1998 Association for the Study of Nationalities 

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