IDEAS home Printed from https://ideas.repec.org/a/ids/ijbget/v3y2007i1p42-55.html
   My bibliography  Save this article

Lack of business responsibility: an Islamic perspective

Author

Listed:
  • Zahid Parvez

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.

Suggested Citation

  • Zahid Parvez, 2007. "Lack of business responsibility: an Islamic perspective," International Journal of Business Governance and Ethics, Inderscience Enterprises Ltd, vol. 3(1), pages 42-55.
    • Handle: RePEc:ids:ijbget:v:3:y:2007:i:1:p:42-55
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=11933
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijbget:v:3:y:2007:i:1:p:42-55. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=70 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.