Importance of Religious Beliefs to Ethical Attitudes in Business

For effective functioning market system, righteous and honest aspects argon always necessary regulations by its own cannot control sight demeanor given the complexity of our current financial system. The destructiveness of unhonorable behaviour was shown in many examples around the globe, one of the most recent examples is the unhonorable behavior contributed to the Global Financial crisis of 2008. Below I will be discussing the fictional character of religiosity as a causal factor of honorable attitudes towards business in fact most pietisms indicate disapproval of wrong actions and underpin ethical behavior.There argon some researchers who failed to find a strongly lordly relationship amongst spiritual beliefs and ethical attitudes,claiming that ethical attitudes can be related to inscription to moral self-improvement and not to religiosity. In contrast, in that location are studies that initiated the existence of that collateral relationship among worship and eth ical air for instance it has been found that business students for whom ghostlike belief is very important call for stronger ethical values when reacting to hypothetical business scenarios.To better study the ethical attitude of business master keys, surveys were done and resulted that as a whole, business professionals who considered their spectral faith to be highly important to them are significantly little accepting of ethically questionable behavior, there are some new(prenominal) predictors of respondents perception of acceptability, such as age, gender and size of it of the firm.In our forward point, research into the relationship between religion and business ethics confused a very large sample of business professionals which makes it superior to several(prenominal)(predicate) researches discussed in the same article-conducted by taking a small size sample and are focused on students whose experience in facing ethical issues and challenges in workplace is very limited.But once once more than , even those small size sample surveys live with similar outcomes , which states that persons for whom their religion identity is extremely important people with intrinsic religion taste will tend to suffer distress if they depart from the ethical traditions of their religion and likely to hold on more strictly to ethical standards.So both theoretical and empirical work indicates that religion is an important determinant of ethical attitude. When I first read the article, I was a flake confused regarding the role of religion as a determinant of ethical manner, as I witnessed many cases where people who have no apparitional beliefs act ethically and according to a highly acceptable manner. My sagaciousness is This relationship (between religion and UNETHICAL behavior) is not always negative.However, the relationship between religion and ethical mind- fall will always bepositive , and here is the gag Bear in mind,that am talking with reference to true unearthly people and not who identifythemselves religious but have no true faith of what religious morals and values states. Living in a Muslim society, I canrecall many practices whichhave demonstrated that positive relationship,including people commitment to zaka for instance.Moreover, One of the most obvious cases which I have seen in my professional experience- As I am working as a downslope trader in one of the biggest brokerage houses in Bahrain- when a religious investor, trading for his own individual(prenominal) brokerage account refuses to be enmeshed in a transaction which deals in stocks of any company baffling in liquor business, as it is considered Haram forbidden in Islam. In my ownpoint of view, there will always be a relationship between religion and ethical standards.Thatis, individuals expressing religious affiliation will eventually have stronger ethical beliefs and therefore actions. After all, I believed that cosmos religious is like being alway s highly motivated and committed to act in an ethically acceptable manner, also religious individuals find it harder and embarrassing to justify unethical business behavior and will always be searching for more fair alternative. It is also useful to hunch forward that all major religions discourages unethical behavior in business transaction in particular, not scarcely Islam, as most of the religions stress the same core values.But as I previously mentioned,that doesnt mean individual who has no religious beliefs will necessarily act unethically? No, absolutely that is not always the case. Despite the fact that some individuals who are not religious sufficient can be motivated by their commitment and morality,that doesnt pick out me to agree to the point addressed in the article that discusses the weakness and inconsistencyof the positive relationship between religious qualities and favorable attitude toward corporate mixer responsibility.Finally, I started thinking a bit wider about the difficulties faced by a religious individual to conduct business activities in a moral and ethical manner, but at the same time in operation(p) in such a complex environment having many unlike influencing factors. Every day, individuals face ethical matters at work and seldom know how to deal with it ,dueto several factors influencing humans behavior. In some societies, legal interpretations are based on contemporary and transient values and standards, unlike Muslim society where values and standards are directed by shariah and a set of fiqh judgment.Additionally,an individual works for any organization will be influenced by the extent of commitment of the organizations leader to ethical conduct. And as people come to work with different values and from different backgrounds, different factors can shape ones ethical behavior such as personal values and moral,relativesinfluence, peer influence and persons life experience. Besides that, some people are behaving unethically in certain situation only because they by chance see no way outIn conclusion, I have to say that it is essential for someone to have those religious beliefs in give to behave according to the satisfactoryethical standards. But the main concern is , How is it achievable for a religious individual to conduct business activities in a moral and ethical manner, but at the same time operating in such a complex environment having all those different influencing factors alter individuals attitude? Scholars have to consider and study closely all several factors influencingpeoples manner, making it harder to follow their believed values.