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- Title
Religiosity and Risk: Association of Judeo-Christian Ethicality with a Sustainable Business Environment.
- Authors
Russell, Hannah Michelle; Ariail, Donald L.; Smith, Katherine Taken; Smith, Lawrence Murphy
- Abstract
Prior research has examined the relationship of religiosity to aspects of business risks, notably, the ethical environment in which business firms operate. Religiosity is connected to economic factors and societal factors. This study examines the relationship of religion-based ethics, specifically Judeo-Christian ethicality, in a country (measured by Judeo-Christian presence as a proportion of the population) to economic freedom, economic activity, gender equality, social progress, and corruption. Modern business firms, in efforts to embrace diversity, accommodate cultural factors such as religiosity, particularly so in multinational operations where diverse religions will be encountered. Findings show that Judeo-Christian ethicality has a positive relationship to factors connected to a society's sustainable business culture—that is, more economic freedom, higher economic activity, improved gender equality, better social progress, and lower corruption.
- Subjects
ECONOMIC liberty; RELIGIOUSNESS; RESTRAINT of trade; GENDER inequality; ECONOMIC impact; ECONOMIC activity; SOCIOCULTURAL factors
- Publication
Journal of Risk & Financial Management, 2023, Vol 16, Issue 9, p394
- ISSN
1911-8066
- Publication type
Article
- DOI
10.3390/jrfm16090394