Assessing the ecology of cluster-based enterprise trust networks through percolation theory: Is your business environment trustworthy?

IF 10.1 1区社会学 Q1 SOCIAL ISSUES

Technology in Society Pub Date : 2025-02-12 DOI:10.1016/j.techsoc.2025.102839

Guanghui He, Shicheng Zhou

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引用次数: 0

Abstract

Since 2023, bank failures in America and Europe have reignited concerns about trust in credit transactions. During financial turbulence, heightened attention tends to be directed towards inter-enterprise trust management. However, existing studies have mainly focused on individual enterprise credit credibility, leaving a gap in analysing trust ecology within entire enterprise clusters. This study proposes an enterprise trust ecology assessment based on percolation theory. First, we established cluster-based enterprise trust networks (C-ETNs) and employed an entropy method to calculate the trust values of enterprise nodes. Subsequently, based on percolation theory, we mapped the trust ecology evolution to point percolation model to quantify trust ecology. Through simulations and data analysis of Chinese A-shares from 2007 to 2021, we uncovered a phase-transition phenomenon in trust ecology improvement. Trust in A-shares moderately improved, with business and comprehensive industry sectors as well as midland and west areas showing prominent improvement. However, overall trust ecology remained in early-phase transition, and almost all sectors and regions experienced upward bottlenecks. This study provides a new technical method for improving credit management in inter-enterprise transactions, thus enhancing market credit construction. Its extensive application is also valuable for economic and societal trust concerns.

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来源期刊

Technology in Society Multiple-

CiteScore

17.90

自引率

14.10%

发文量

316

审稿时长

60 days

期刊介绍： Technology in Society is a global journal dedicated to fostering discourse at the crossroads of technological change and the social, economic, business, and philosophical transformation of our world. The journal aims to provide scholarly contributions that empower decision-makers to thoughtfully and intentionally navigate the decisions shaping this dynamic landscape. A common thread across these fields is the role of technology in society, influencing economic, political, and cultural dynamics. Scholarly work in Technology in Society delves into the social forces shaping technological decisions and the societal choices regarding technology use. This encompasses scholarly and theoretical approaches (history and philosophy of science and technology, technology forecasting, economic growth, and policy, ethics), applied approaches (business innovation, technology management, legal and engineering), and developmental perspectives (technology transfer, technology assessment, and economic development). Detailed information about the journal's aims and scope on specific topics can be found in Technology in Society Briefings, accessible via our Special Issues and Article Collections.