First, based upon the similarity of the firms' performance as reported as part of the public information that Brazilian firms are required to publish, we clustered the six firms into two groups; and second, two experienced Brazilian financial analysts were asked to group the six firms into what they believed to be typical firms in the New and Old Economies.
Preliminarily, to get an idea of the distribution of gender for the two institutional frameworks, we categorized gender over the length of employment for the New and the Old Economies.
For relationships with peers, we find statistical significance for the personal dimension for both the New and Old Economies, where the men uniformly have scored higher than the women.
These results follow in a definitive way the results of Burton-Jones (1999), Audretsch and Thurik (2001), and Argandona (2003) that the New Economy engenders lower levels of trust due to a lack of stability as clearly indicated by the dramatic difference in the level of employee turnover between the New and Old Economies previously presented.
