OPPORTUNISM IN THE ACTIVITIES OF WORKERS’ ORGANIZATIONS AND INSTITUTIONS
OPPORTUNISM IN THE ACTIVITIES OF WORKERS’ ORGANIZATIONS AND INSTITUTIONS

Summary/Abstract: It is to new institutional economics that we owe the present interest in opportu- nism. By limiting opportunism, new institutional economics have found an important way to increase business performance. Opportunism should be understood as the pursuit of self- interest while resorting to deception, deceit, or lying, violating the interests of others. The study concerns the impact of labour organizations on generating transaction costs resulting from these organizations’ opportunistic behaviour. Such organizations generate lower costs in developed countries, with mature institutions of industrial governance. Higher costs are generated in post-communist countries, where the opportunistic attitudes and behaviour of these organizations are much more distinctive. The attitudes of employee organizations have been affected also by employers and their organizations.

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