Religion and CSR: An Islamic “Political” Model of Corporate Governance

Murphy, Maurice Jerel; Smolarski, Jan

doi:10.1177/0007650317749222

Cited by 64 publications

(56 citation statements)

References 71 publications

(134 reference statements)

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“…In this paper we explore the Quaker tradition in business and business ethics. Other religious traditions have been the focus of recent work in business ethics, for instance Islam (Murphy and Smolarski 2020;Sidani and Al Ariss 2015), Confucianism (Koehn 2001;Romar 2004), Buddhism (Gould 1995;Pace 2013), Hinduism (Poruthiyil 2020), and there is also a significant body of work on Catholicism in business ethics (e.g. Sison et al 2016;Bernacchio 2019).…”

Section: Introductionmentioning

confidence: 99%

Quaker Business Ethics as MacIntyrean Tradition

Burton

Sinnicks

2021

J Bus Ethics

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This paper argues that Quaker business ethics can be understood as a MacIntyrean tradition. To do so, it draws on three key MacIntyrean concepts: community, compartmentalisation, and the critique of management. The emphasis in Quaker business ethics on finding unity, as well as the emphasis that Quaker businesses have placed on serving their local areas, accords with MacIntyre’s claim that small-scale community is essential to human flourishing. The emphasis on integrity in Quaker business ethics means practitioners are well-placed to resist the compartmentalising pressures of contemporary work. Quaker business ethics is also highly critical of the manipulative forms of management that MacIntyre regards as dominant. As such, Quaker business ethics provides evidence that more morally ameliorative forms of running business organisations is possible, even if they remain difficult to achieve.

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Section: Introductionmentioning

confidence: 99%

Quaker Business Ethics as MacIntyrean Tradition

Burton

Sinnicks

2021

J Bus Ethics

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“…Similarly, in Indian culture, the spiritual values of local communities tend to look beyond one's own material needs (Arevalo & Aravind, 2011;Condosta, 2011) and instead tend to give primacy to community responsibilities (Jamali & Carroll, 2017). Therefore, spiritual expressions and practices can further advance studies examining individuals' interpretations and understanding of CSR Murphy & Smolarski, 2020).…”

Section: Spiritual Practice As a Normative Foundation To Engage With Csrmentioning

confidence: 99%

Micro-processes of Moral Normative Engagement with CSR Tensions: The Role of Spirituality in Justification Work

Shin

Burton

2021

J Bus Ethics

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Although CSR scholarship has highlighted how tensions in CSR implementation are negotiated, little is known about its normative and moral dimension at a micro-level. Drawing upon the economies of worth framework, we explore how spirituality influences the negotiation of CSR tensions at an individual level, and what types of justification work they engage in when experiencing tensions. Our analysis of semi-structured interview data from individuals who described themselves as Buddhist and were in charge of CSR implementations for their organizations shows that spirituality influences how they compromise among competing moral values by identifying two forms of justification work: compartmentalizing work and contextualizing work, which help spiritual practitioners minimize moral dissonance.

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“…While the other school of thought narrates CSR beyond the institutional paradigm, that Islamic banks should go beyond the institutional boundaries and should contribute to social developments (Dusuki, 2008;Murphy and Smolarski, 2018;Zahid and Hassan, 2012). Moreover, it argues, that Islamic banks have to be socially responsible regardless of financial consequences, negative or positive (Dusuki, 2008b) and, CSR is to positively affect the stakeholders beyond economic interests (Zahid and Hassan, 2012).…”

Section: Definitions Of Corporate Social Responsibility Under the Islamic Paradigmmentioning

confidence: 99%

CSR narrative under Islamic banking paradigm

Zafar

Sulaiman

2020

SRJ

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Purpose This paper aims to understand corporate social responsibility (CSR) narrative under the Islamic banking paradigm by three aspects, narrative review of the literature, review of the definitions of CSR and review of factors that cause divergence from conventional percepts. Design/methodology/approach This is a theoretical paper based on literature and aims to understand the CSR narrative under the paradigm of Islamic banking. Findings Religion brings new dimensions of ethics and expands the scope of morality in business. Islamic banking is a new wave of corporation whose social goals are as much important as making profit. There are diverse narrations and definitions prevailing in the literature of CSR under the Islamic paradigm which also encounters the aspects of divergence from conventional percepts. The academic debate of CSR-Islamic banking brings on surface a plausible CSR paradigm, that is to guide the role of Islamic banking in society under the Islamic provisions, ethics and axioms. This paper also paves the way for future direction, particularly in terms of a holistic understanding of CSR narrative under the Islamic banking paradigm. Research limitations/implications This is a theoretical paper; it primarily discusses the theoretical aspects of CSR narrative under the paradigm of Islamic banking, while it does not give insight into the empirical narrative or disclosure of CSR in Islamic banking. Practical implications The theoretical review of literature brings plausible understanding, that Islamic banking is a new wave of corporate and has standings on divine guidance. The structure of the institution in its foundation insists on real economic activity. The legitimacy of Islamic banking has roots in ethical compliance and in inculcating the broader interests of stakeholders. There are several social responsibilities, which are expected from the practitioners of Islamic banking. The practitioners as well must understand that the CSR of Islamic banking is far beyond the conventional percepts of CSR. Originality/value There are several normative and theoretical studies in the domain of CSR-Islamic banking. It is hard to find a comprehensive narrative review of such literature. This review is unique, which brings a holistic understanding of CSR narrative under the Islamic banking paradigm.

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Religion and CSR: An Islamic “Political” Model of Corporate Governance

Cited by 64 publications

References 71 publications

Quaker Business Ethics as MacIntyrean Tradition

Quaker Business Ethics as MacIntyrean Tradition

Micro-processes of Moral Normative Engagement with CSR Tensions: The Role of Spirituality in Justification Work

CSR narrative under Islamic banking paradigm

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