Organizations structurally sever intimate and financial ties that compromise fiduciary disinterestedness.
Evidence
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: This structural severing of intimate bonds to preserve role purity echoes the ideal of the disinterested bureaucratic actor; Plato’s Guardians as a governing class without family resonates with the theme of institutional role-separation. — connects to: Self-dealing spans conflicts of interest, exploitation of organizational resources, and insider trading. — Shapiro, Susan P., The Social Control of Impersonal Trust, 68; Personal trust fails where trust must cross corporate intermediaries. — Shapiro, Susan P., The Social Control of Impersonal Trust, 43; Institutions can mimic encapsulated-interest incentives to substitute for ongoing relationships. (+3 more)
Related
- Fiduciary integrity is secured by severing agents from private loyalties and holdings (similarity 0.91)
- Self-dealing spans conflicts of interest, exploitation of organizational resources, and insider trading. (similarity 0.78)
Broader Connections
- Fiduciary integrity is secured by severing agents from private loyalties and holdings
#expands(0.92) — Shapiro, Susan P., The Social Control of Impersonal Trust, 78 - Separating personal from firm resources reduced opportunities for opportunistic distrust
#exemplifies(0.85) - Personal trust fails where trust must cross corporate intermediaries.
#expands(0.80) — Shapiro, Susan P., The Social Control of Impersonal Trust, 43 - Institutions can mimic encapsulated-interest incentives to substitute for ongoing relationships.
#complicates(0.75) - Institutions substitute for trust by securing trustworthiness coercively.
#corroborates(0.72)