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A low-trust society is defined as one in which interpersonal trust is relatively low, and shared ethical values are lacking. [1] Conversely, a high-trust society is one where interpersonal trust is relatively high, and where ethical values are strongly shared.
Northern Trust Corporation is an American financial services company headquartered in Chicago, Illinois, that caters to corporations, institutional investors, and ultra high net worth individuals. Northern Trust is one of the largest banking institutions in the United States and one of the oldest banks in continuous operation .
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The Texas Folklife Festival is an annual event sponsored by the University of Texas at San Antonio's Institute of Texan Cultures celebrating the many ethnicities represented in the population of the state of Texas. Thousands attend the three-day event each year, which features food, crafts, music, and dances from ethnic groups that immigrated ...
An entrepreneurial organizational culture is a system of shared values, beliefs and norms, valuing creativity and tolerance, believing that innovating and seizing market opportunities are solutions to problems of survival and prosperity, environmental uncertainty, competition, and expects members to behave accordingly. [92] [93]
Trust is the belief that another person will do what is expected. It brings with it a willingness for one party (the trustor) to become vulnerable to another party (the trustee), on the presumption that the trustee will act in ways that benefit the trustor.
For one, emancipative values establish a civic form of modern individualism that favours out-group trust and cosmopolitan orientations towards others. [ 15 ] Emancipative values encourage nonviolent protest , even against the risk of repression.
Eventually he headed the commercial banking and personal financial Services business units, and became president and chief operating officer in December 1993. He was chairman and CEO of Northern Trust Corporation multibank holding company and the Northern Trust Company bank from 1995 through 2007. [3]