Many transition economies are characterised by a relatively rudimentary institutional framework. Weak legislative structures and the absence of effective market regulation and property right enforcement rules often prohibit mutually profitable business transactions and - more generally -...

This paper discusses the role of trust and power in organizational relationships. In its theoretical part it draws on conceptual ideas of Systems Theory, Structuration Theory and New Institutionalism. The empirical part investigates the English and the German speaking business regions within...