God, Markets, and Ethics: Exploring Religious Commitments in Professional Ethics

A special issue of Religions (ISSN 2077-1444). This special issue belongs to the section "Religions and Health/Psychology/Social Sciences".

Deadline for manuscript submissions: closed (31 August 2022) | Viewed by 6497

Special Issue Editors


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Guest Editor
Department of History, Political Science and Religious Studies, Carroll University, Waukesha, WI 53186, USA
Interests: Biblical studies; health and disability readings; cultural/contextual readings of Biblical texts; analyzing how lay people (ordinary readers) interpret biblical texts
Division of Arts and Sciences, Mountain Empire Community College, Big Stone Gap, VA 24219, USA
Interests: late medieval early modern religious reformations; Elizabeth I; American religious history

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Guest Editor
Department of History, Political Science and Religious Studies, Carroll University, Waukesha, WI 53186, USA
Interests: medieval thought; hagiography, Albertus Magnus; astrology; history of science
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Special Issue Information

Dear Colleagues,

This Special Issue explores classic questions and new challenges in the study of ethics in business and other professional contexts from the perspective of both religious studies and comparative theology. Over the past fifty years, the academic study of business ethics has moved from an exploration of its philosophical foundations, and praxis-oriented applications in business settings have moved to a more complex engagement with a wide variety of forms of normative moral discourse and different cultural practices. This expansion has led to the development of research trajectories relating business ethics to both religious studies and theology. In this Special Issue, we aim to consider both these developments in exploring the relationship of religiously informed moral theory and comparative theology as it applies to business and related professional contexts, and also to challenging moral issues arising in the global economy in a time of pandemic. These contemporary challenges include the effects of COVID-19 on the global economy and business institutions, the impact of the changing regulatory environment, the impact of societal calls for racial justice and resistance to environmental degradation, as well as more personal and micro questions, such as the impact of work demands and professional commitments on questions of vocation, family life, and service to the community. We, therefore, seek articles for this Special Issue which explore these theoretical questions and offer practical solutions with specific attention to diverse geographical and religious contexts and the various disciplines which impact the study of business, such as law, politics, economics, leadership studies, sociology, and psychology.

Dr. James Paul Grimshaw
Dr. Ted Booth
Dr. Scott E. Hendrix
Guest Editors

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Keywords

  • comparative religion
  • business ethics
  • theology and economics
  • political economy
  • capitalism
  • virtue ethics and business
  • theology and law
  • justice and business
  • work
  • vocation

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Published Papers (2 papers)

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Research

10 pages, 240 KiB  
Article
Religious Diversity of Corporate Board and Firm Value: Evidence from South Korea
by Wan-Yong Kim and SungMan Yoon
Religions 2022, 13(5), 414; https://doi.org/10.3390/rel13050414 - 4 May 2022
Cited by 2 | Viewed by 1766
Abstract
When the board provides quality monitoring and advising to corporate managers, firms can achieve their goal, and so firm value increases. Board diversity is one of the issues that can affect the board effectiveness through influencing the quality of monitoring and advising. Hence, [...] Read more.
When the board provides quality monitoring and advising to corporate managers, firms can achieve their goal, and so firm value increases. Board diversity is one of the issues that can affect the board effectiveness through influencing the quality of monitoring and advising. Hence, many prior studies have analyzed the effect of board diversity in various dimensions such as gender, age, race, ethnicity, education background on firm value or performance. However, prior studies do not reach out to the religious diversity of the board. So, this study investigates the relationship between religious diversity of the board and firm value. Using unique data of religion of directors for companies listed in Korea from 2008 to 2011, this study provides the following empirical results. In general, a high level of religious diversity has a positive impact on the firm value. However, when the degree of religious diversity of the board exceeds a certain point, religious diversity shows a negative relationship with the firm value. In addition, if the religion of directors is concentrated in one religion (when the level of diversity is low), firm value is lower than other control firms. The empirical finding of this study shows that religious diversity of the board matters in a similar way of other dimension of the board diversity. Full article
20 pages, 1103 KiB  
Article
Can I Pay at Purgatory? The Negative Impact of the Purgatory Ethic in Islamic Societies: Theoretical and Empirical Evidence
by Riyad Salim Al-Issa, Steven Eric Krauss, Samsilah Roslan and Haslinda Abdullah
Religions 2022, 13(2), 101; https://doi.org/10.3390/rel13020101 - 21 Jan 2022
Cited by 2 | Viewed by 3853
Abstract
The psychological and social effects of the doctrine of purgatory (temporary afterlife punishment) have not received sufficient attention from sociologists. Temporary afterlife punishment (TAP) is any kind of ‘temporary’ torment a person believes they will receive after death as a result of one’s [...] Read more.
The psychological and social effects of the doctrine of purgatory (temporary afterlife punishment) have not received sufficient attention from sociologists. Temporary afterlife punishment (TAP) is any kind of ‘temporary’ torment a person believes they will receive after death as a result of one’s sins, before admission into heaven/paradise. Investigating the effects of TAP beliefs can help to understand their social impact on contemporary Islamic societies. Drawing on related research on the Protestant ethic hypothesis, and self-control theory, the present study theorized the negative psychological and social impact of TAP. We argue that the effect of the Predestination doctrine on pro-sociality is best attributed to the Protestant denial of belief in TAP, and that the positive impact of afterlife punishment beliefs on self-control and prosocial behavior decreases with belief in TAP. To test these hypotheses, we first developed the Temporary Afterlife Punishment Expectations (TAPE) scale and examined the relationship between TAPE and self-control, rule-breaking ability, and integrity (as an indicator of prosocial behavior). Data were collected from Muslim youth in two countries (Jordan N = 605 and Malaysia N = 303). Exploratory and confirmatory factor analyses of the Jordanian data support the construct validity of the TAPE scale. In line with our hypotheses, path analysis results supported the negative effects of TAPE on self-control, rule-breaking ability, and integrity. Replicating the study with the Malaysian sample led to similar results. Future research directions are recommended. Full article
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