Abstract
The 1999 World Business Environment Survey investigated, among many other things, the extent of inter-organizational barter in various countries. Reported values differed a lot, e.g. it was less than 1% in Hungary but more than 30% in neighboring Croatia. Since in many such contracts goods and/or services are not exchanged at the same time, using barter tends to lead to a higher solvency risk than using money. Therefore, it is possible to theoretize that there is relation between the level of trust and the extent of barter use; namely that a higher level of trust leads to a higher extent of interorganizational barter. The paper analyzes this relation.
| Original language | English |
|---|---|
| Title of host publication | Proceedings of the 14th International Conference on Finance and Banking |
| Editors | Daniel Stavarek, Pavla Vodova |
| Place of Publication | Karvina |
| Publisher | Silesian University, School of Business Administration |
| Publication date | 2014 |
| Pages | 394-400 |
| ISBN (Print) | 978-80-7248-939-8 |
| Publication status | Published - 2014 |
Keywords
- barter
- trust