Religious perspectives on business : effects on ethical operation and charitable giving : an analysis of small, third-world enterprises

Abstract

This study examines the effects of three religious perspectives on business (RPB) on the ethical operation and charitable giving of third-world business entrepreneurs. The study finds that business entrepreneurs who perceive their business as a calling and holy duty are more ethical in the operation of their business. Carrying reward- or fatalistic attitudes towards business have, on the other hand, no significant effects on ethical operation. For charitable giving all three perspectives demonstrate negative significant effects. However, commitment to the duty and calling orientation together with more business experience or education brings about positive and significant effects on charitable giving. The results indicate that the view of doing sacred work should be stimulated in the Third World in order to increase the number of ethically-operated enterprises taking economic responsibility for people in need. Theoretical- and managerial implications are provided.