Table 4 Perception of money and institutional trust, result from KII.

From: The role of social norms in shaping trust and economic behavior in the Ethiopian financial institutions

Variables

Response

Confirmatory

Yes

No

Total

 

No

%

No

%

No

%

Is accumulation of money good or bad?

Bad

17

25.80%

3

15.80%

20

23.50%

Good

49

74.20%

16

84.20%

65

76.50%

Do you want to be rich?

No

12

18.50%

5

26.30%

17

20.20%

Yes

53

81.50%

14

73.70%

67

79.80%

Do you trust modern economic institutions such as banks?

No

6

9.09%

1

5.88%

7

8.43%

Yes

60

90.91%

16

94.12%

76

91.57%

Are you a member of any Edir or Afosha and Equb?

No

18

27.30%

7

36.80%

25

29.40%

Yes

48

72.70%

12

63.20%

60

70.60%

Do you trust insurance companies?

No

11

11.60%

4

21.10%

13

15.30%

Yes

52

79.30%

15

78.90%

70

82.40%