Trust towards conventional businesses and e-businesses by socioeconomic status in China

Eric FONG, Tsz Lok Trevor LEE, Kumiko SHIBUYA, Junxiu WANG, Yiyin YANG

Research output: Contribution to journalArticles

Abstract

This study explores how socioeconomic resources are related to trust in conventional businesses and e-businesses in China. Based on data collected in 2013 from three major cities, the authors found that people who perceived themselves as upper-class were more likely to trust both conventional businesses and e-businesses. Further analysis also suggested that people with self-perceived higher status were more likely to trust conventional businesses than e-businesses. The authors suggest that people with more socioeconomic resources are likely to be able to exchange their socioeconomic resources for other resources. They can command more resources to influence and extend their social network for their own benefit. In addition, those with more socioeconomic resources usually know how to utilize institutional arrangements to their benefit. Copyright © 2018 Koninklijke Brill NV, leiden.
Original languageEnglish
Pages (from-to)279-298
JournalComparative Sociology
Volume17
Issue number3-4
DOIs
Publication statusPublished - 2018

Citation

Fong, E., Lee, T. T. L., Shibuya, K., Wang, J., & Yang, Y. (2018). Trust towards conventional businesses and e-businesses by socioeconomic status in China. Comparative Sociology, 17(3-4), 279-298. doi: 10.1163/15691330-12341461

Keywords

  • Trust
  • China
  • Conventional business
  • Socioeconomic
  • E-business

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