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    Lack of business responsibility: an Islamic perspective

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    Authors
    Parvez, Zahid
    Issue Date
    2007
    
    Metadata
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    Abstract
    This paper applies an Islamic perspective to understand the lack of business responsibility witnessed in recent times. A link is developed between the dominant materialistic-secular worldview and lack of business responsibility. The paper argues that a materialistic-secular worldview tends to disconnect economics from ethics, gives privilege to economic values over spiritual values, and confers primacy to legal/bureaucratic mechanisms over ethical and spiritual mechanisms for ensuring compliance to business responsibilities. It suggests that these orientations could account for the weak sense of business responsibility and unethical behaviours reported in earlier works. To remedy this, the paper proposes the broadening of problem-solving methodologies so that both material and ethical/spiritual dimensions of business responsibility are given due consideration. In addition, the paper offers four suggestions, derived from religious traditions, for nurturing the spirit and letter of business responsibility.
    Citation
    International Journal of Business Governance and Ethics, 3 (1): 42-55
    Publisher
    Inderscience
    Journal
    International Journal of Business Governance and Ethics
    URI
    http://hdl.handle.net/2436/26769
    DOI
    10.1504/IJBGE.2007.011933
    Additional Links
    http://www.inderscience.com/search/index.php?action=record&rec_id=11933
    Type
    Journal article
    Language
    en
    ISSN
    14779048
    1741802X
    ae974a485f413a2113503eed53cd6c53
    10.1504/IJBGE.2007.011933
    Scopus Count
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    Faculty of Social Sciences

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