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Influence of Ethical Business Practices of Islam on the Formation of Turkish Social Business Networks

Author

Listed:
  • Mehmet, TURKER

    (PhD Buenos Aires, Argentina)

Abstract

This paper is composed of a short discussion on the influence of Islamic business practices on the Islamically oriented emerging business groups that challenged the oligarchic secular business framework in Turkey. The paper addresses conceptual/theoretical aspects of Islamic Business practices, the main characteristics of conservative business groups, and formation of Islamically conservative non-governmental business organizations. Turkish business organizations are effective in establishing social business networks that open a wide area to do business for their members, mainly small and medium-sized company owners. Discussing the historical development of these business groups, the study argues that Islamic moral values, work ethics, morality, solidarity, and networking are very influential in Turkish business life

Suggested Citation

  • Mehmet, TURKER, 2019. "Influence of Ethical Business Practices of Islam on the Formation of Turkish Social Business Networks," Journal of Economic and Social Development, Clinical Journals Press, vol. 6(02), pages 01-09, September.
    • Handle: RePEc:ris:joeasd:0083
    as

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    References listed on IDEAS

    as
    1. Martina Battisti & Martin Perry, 2015. "Small enterprise affiliations to business associations and the collective action problem revisited," Small Business Economics, Springer, vol. 44(3), pages 559-576, March.
    2. Karadag, Roy, 2010. "Neoliberal restructuring in Turkey: From state to oligarchic capitalism," MPIfG Discussion Paper 10/7, Max Planck Institute for the Study of Societies.
    3. Yavuz Zulfikar, 2012. "Do Muslims Believe More in Protestant Work Ethic than Christians? Comparison of People with Different Religious Background Living in the US," Journal of Business Ethics, Springer, vol. 105(4), pages 489-502, February.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Islamic business practices; Islamic work ethics; social capital formation; Turkish conservative business organizations; social business networking;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists

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