Publication: Business ethics and spirituality for corporate sustainability: a Buddhism perspective
Issued Date
2019-05-27
Resource Type
ISSN
1942258X
14766086
14766086
Other identifier(s)
2-s2.0-85061179120
Rights
Mahidol University
Rights Holder(s)
SCOPUS
Bibliographic Citation
Journal of Management, Spirituality and Religion. Vol.16, No.3 (2019), 264-289
Suggested Citation
Suparak Suriyankietkaew, Pornkasem Kantamara Business ethics and spirituality for corporate sustainability: a Buddhism perspective. Journal of Management, Spirituality and Religion. Vol.16, No.3 (2019), 264-289. doi:10.1080/14766086.2019.1574598 Retrieved from: https://repository.li.mahidol.ac.th/handle/20.500.14594/49947
Research Projects
Organizational Units
Authors
Journal Issue
Thesis
Title
Business ethics and spirituality for corporate sustainability: a Buddhism perspective
Author(s)
Other Contributor(s)
Abstract
© 2019, © 2019 Association of Management, Spirituality & Religion. Globally, ethical concerns principally focus on the need for business ethics as well as an emphasis on spiritual leadership to enhance long-term effectiveness and corporate sustainability. This paper responds to a call for further studies of business ethics and spirituality in workplaces and advances the currently limited knowledge in the realm, in particular, from an Eastern Buddhism perspective. Using a case study research approach, this paper investigates how a modern company can ethically and spiritually lead and manage a successful, sustainable business. A Buddhist-based philosophy of “Sufficiency Economy,” as advocated by United Nations Development Programme was used as the research framework to examine the philosophy’s ethical and spiritual application. The findings suggest that, to achieve long-term corporate sustainability, a successful business enterprise should embrace good ethical and spiritual values via ethics/morality, knowledge, moderation, reasonableness, resilience, compassion and care for its stakeholders. Implications, limitations and future research are discussed.