Impact of Religion on Business Ethics in Europe and the Muslim World

Impact of Religion on Business Ethics in Europe and the Muslim World

Author: Ingmar Wienen

Publisher: Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften

Published: 1997

Total Pages: 188

ISBN-13:

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This research project assesses the extent to which religion influences standards and behaviour in business, by comparing Islamic banking to co-operative banking as carried out by both Christians and Muslims. The study argues that Islamic banks are particular in the kind of products they offer, namely the Islamic financial instruments. On the other hand, it is the organisation which is key to co-operative banks. An empirical investigation of over 100 banks has revealed that Islamic banks are conventional banks with a product range modified according to Islamic religious law. Co-operative banks operate so as 'to help the poor', an objective in line with both Islamic and Christian ethics. The book demonstrates that Muslims and Christians can work together to foster development and to overcome poverty by referring to common ethical standards in business.


The Influence of Religion, Ethics, and Culture on International Business

The Influence of Religion, Ethics, and Culture on International Business

Author: Annegret Bätz

Publisher: GRIN Verlag

Published: 2016-04-12

Total Pages: 18

ISBN-13: 3668193967

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Seminar paper from the year 2015 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0, , language: English, abstract: Nowadays many firms produce and sell worldwide and employ workers from different nations. How do differences in a country’s religion or ethical system influence their global business operations? How does culture affect them? Is outsourcing production to developing countries ethically defensible? The aim of this paper is to address these questions. Religion comprises shared beliefs, values, and rituals. Values are assumptions regarding what is good, right, or important. Ethical systems involve codes of conduct and values that externally form a group of people’s behaviour. Ethical systems are often based on religion and religion expresses ethical principles. Measured by percentage of world population in 2010, Christianity (31.4%) is the biggest religion, followed by Islam (23.2%). By 2050, however, the Islamic population will be approximately equivalent to the number of Christians. The following section describes how those two religions and their ethics impact on international business.


The Wealth of Religions

The Wealth of Religions

Author: Rachel M. McCleary

Publisher: Princeton University Press

Published: 2021-04-06

Total Pages: 212

ISBN-13: 0691217106

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How religious beliefs and practices can influence the wealth of nations Which countries grow faster economically—those with strong beliefs in heaven and hell or those with weak beliefs in them? Does religious participation matter? Why do some countries experience secularization while others are religiously vibrant? In The Wealth of Religions, Rachel McCleary and Robert Barro draw on their long record of pioneering research to examine these and many other aspects of the economics of religion. Places with firm beliefs in heaven and hell measured relative to the time spent in religious activities tend to be more productive and experience faster growth. Going further, there are two directions of causation: religiosity influences economic performance and economic development affects religiosity. Dimensions of economic development—such as urbanization, education, health, and fertility—matter too, interacting differently with religiosity. State regulation and subsidization of religion also play a role. The Wealth of Religions addresses the effects of religious beliefs on character traits such as work ethic, thrift, and honesty; the Protestant Reformation and its long-term effects on education and religious competition; Communism’s suppression of and competition with religion; the effects of Islamic laws and regulations on the functioning of markets and, hence, on the long-term development of Muslim countries; why some countries have state religions; analogies between religious groups and terrorist organizations; the violent origins of the Dalai Lama’s brand of Tibetan Buddhism; and the use by the Catholic Church of saint-making as a way to compete against the rise of Protestant Evangelicals. Timely and incisive, The Wealth of Religions provides fresh insights into the vital interplay between religion, markets, and economic development.


Business Ethics in Islam

Business Ethics in Islam

Author: Abbas J. Ali

Publisher: Edward Elgar Publishing

Published: 2014-09-26

Total Pages: 256

ISBN-13: 1781006733

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The book is the most original and comprehensive treatment of business ethics in Islam. It explores the thinking of early Islamic scholars on ethics, whilst encompassing the modern developments in the field. It is aimed at fostering discourse on busines


Handbook of Research on Islamic Business Ethics

Handbook of Research on Islamic Business Ethics

Author: Abbas J. Ali

Publisher: Edward Elgar Publishing

Published: 2015-10-30

Total Pages: 334

ISBN-13: 1781009457

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The Handbook of Research on Islamic Business Ethics is an essential source for policymakers and researchers to gain an understanding of pressing ethical issues in the Islamic business world. The primary objective is to provide readers with an insight into the ethical principles that govern Islamic business conduct. These principles are articulated with a view to evaluating whether business actors uphold their social responsibilities and are committed to ethical values in their conduct. Exploring the interweaving relationship between Islamic business ethics and the market, this Handbook examines the critical role that ethics can play in ensuring that business thrives. It offers theoretical perspectives on research and goes beyond the conventional treatment of Islamic ethics. It debates important market issues and asserts that social actors in the Islamic business world should be cognisant of these issues so as to behave in a moral and responsible manner. Implications for researchers and for market conduct are illuminated. Readers wanting to familiarize themselves with day-to-day Islamic business ethics will find this Handbook an invaluable guide.


Economics, Ethics and Religion

Economics, Ethics and Religion

Author: R. Wilson

Publisher: Springer

Published: 1997-02-24

Total Pages: 243

ISBN-13: 0230374727

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There is a revival of interest by economists in ethical issues and beliefs, and by moral philosophers and theologians in economics. This book is intended to make a contribution to this cross-fertilisation of ideas. Rodney Wilson has undertaken an extensive survey of Jewish, Christian and Muslim views on economics, and reviewed the rapidly expanding business ethics literature from a religious perspective. The juxtaposition of the work of theologians and moral philosophers with that of economists results in some interesting comparisons.


Markets, Morals and Religion

Markets, Morals and Religion

Author: Jonathan B. Imber

Publisher: Transaction Publishers

Published:

Total Pages: 256

ISBN-13: 1412828120

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The examination of the relationship of economic activity to other important aspects of human life and social behavior has inspired some of the most interesting and provocative social-scientific research in the past one hundred years. This book of original essays by leading thinkers across many disciplines offers new insights into enduring questions about how modern and modernizing market economies are both shaped by and shapers of morality, values, and religion. Part 1, "Markets and Morals," offers eight contributors who provide analyses of the various ways in which the market operates in relation to morality. An empirical presentation of moral values and market attitudes is given. Other essays take aim at how markets serve and disserve moral interests: Economic growth has moral consequences; the manipulation of markets exposes a moral underside; the nature of market failure has implications for understanding moral vulnerability; preference change has moral implications. In other chapters, a broad consideration of the positive moral effects of market economies is offered along with historical essays on the role that intellectuals have played in debates about the positive and negative effects of commercial life and on the ways in which the American idea of the pursuit of happiness reveals much about the morality of economic life. In Part 2, "Markets and Religion," nine contributors address both the historical and contemporary emergence of religious factors in the growth and transformation of global capitalism. Major religious traditions, including Judaism, Christianity, and Islam are examined for their contributions to answering questions about the nature and function of economic life in light of religious ideas and ideals. Several essays present original approaches to the importance of religious values to modern forms of consumption and to the political economy of reconciliation and forgiveness in nations coming to terms with past conflict. Finally, the influence of non-Western ideas, in particular Chinese religions and Buddhism on economic thought and practice, is assessed as part of the globalizing impact of religion on economic life generally. Jonathan B. Imber is Class of 1949 Professor in Ethics and Professor of Sociology at Wellesley College. He is editor-in-chief of Society. Peter L. Berger is University Professor of Sociology and Theology at Boston University and director of the Institute on Culture, Religion, and World Affairs.


Faith, Morals, and Money

Faith, Morals, and Money

Author: Edward D. Zinbarg

Publisher: A&C Black

Published: 2005-01-01

Total Pages: 185

ISBN-13: 0826417620

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Most books on business ethics approach the subject philosophically. That approach, Zinbarg tells us, is that it neglects the most important source of most people's understanding of right and wrong: their religious tradition. While philosophy can shed the light of reason on the ethical dilemmas of economic life, it's less than convincing about why we ought to behave well, lacking the compelling urgency of religious faith. Following a wonderfully lucid and succinct summary of the ethical systems relative to Judaism, Christianity, Islam, Hinduism, Buddhism, and Confucianism, the author presents a variety of case studies (in lively dialogue form) from the whole gamut of economic life, including misrepresentation by sellers, truth in advertising, the ethics of part-time employment, child labor and environmental ethics. The solutions may vary from tradition to tradition, but overall one is struck by the similarities. This is a book grounded in the real ethical challenges of modern business practice, with a kind of world-religious perspective so necessary in an era of globalization.


Religious Perspectives on Business Ethics

Religious Perspectives on Business Ethics

Author: Thomas O'Brien

Publisher: Rowman & Littlefield

Published: 2007

Total Pages: 390

ISBN-13: 9780742550117

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In the first anthology of its kind, Thomas O'Brien and Scott Paeth have gathered unique pieces from across religious perspectives to illustrate the growing influence and contribution of religion to the field of business ethics. Tackling such wide-ranging subjects as Jewish environmental ethics, Zen in the workplace, and Christian social ethics, this text is a valuable addition to business ethics courses.


Research on Islamic Business Concepts

Research on Islamic Business Concepts

Author: Veland Ramadani

Publisher: Springer Nature

Published: 2023-11-16

Total Pages: 376

ISBN-13: 9819951186

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This proceedings volume presents selected chapters from the 13th Global Islamic Marketing Conference, featuring contributions from renowned experts from around the world. The chapters offer an up-to-date overview of research and insights into Islamic business practices, with a specific focus on Islamic marketing and entrepreneurship strategies. Authored by experts hailing from diverse countries such as Malaysia, Indonesia, India, Pakistan, United Arab Emirates, Jordan, and Morocco, the chapters collectively provide a comprehensive understanding of the subject matter. Covering a wide range of topics including understanding Muslim consumer behavior and marketing, halal tourism and healthcare, entrepreneurship and business in Muslim societies, women empowerment and entrepreneurship, Islamic ethics and values in organizations, psychological factors and social issues, technology and future trends, and social and labor issues in Muslim societies, this book encompasses a global perspective on the subject matter. With the expertise and diverse backgrounds of the contributing authors, this book serves as an invaluable resource for researchers interested in delving into the intricacies of Islamic business practices. It also offers valuable insights and practical implications for business consultants seeking a deep understanding of conducting business in Islam-oriented regions. The collective knowledge and experiences shared by these renowned experts contribute to a comprehensive exploration of the topic, making this volume a significant contribution to the field of Islamic marketing and business studies.