Fiduciary integrity is secured by severing agents from private loyalties and holdings

Evidence

For example, they fill a specified number of positions on boards of directors with corporate outsiders. Organizations require agents to divest their stockholdings or place them in blind trusts, to develop rules of celibacy or, in the case of Plato’s Guardians, prohibitions against family membership (that otherwise creates powerful intimate bonds that compromise norms of disinterestedness). — Shapiro, Susan P., The Social Control of Impersonal Trust, 78

Categorization

• XREF: Plato’s celibate Guardians as a governance device connects to the ‘Complaints About Immodesty’ article’s theme of bodily regulation enforcing social roles. — connects to: Institutions substitute for trust by securing trustworthiness coercively.; Institutional and legal constraints give people strong external incentives to be trustworthy; Trust requires genuine vulnerability and the partner’s real interest in betraying it (+2 more)

Related

• Organizations structurally sever intimate and financial ties that compromise fiduciary disinterestedness. (similarity 0.91)
• Trust institutions vary dramatically in the guardianship they receive (similarity 0.78)

Broader Connections

• Institutions substitute for trust by securing trustworthiness coercively. #expands (0.85)
• Institutional and legal constraints give people strong external incentives to be trustworthy #expands (0.78)
• Modern commerce protects agency relationships through layered insurance and bonding #expands (0.75) — Shapiro, Susan P., The Social Control of Impersonal Trust, 106
• Trust requires genuine vulnerability and the partner’s real interest in betraying it #complicates (0.72)