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JOURNAL OF APPLIED BUSINESS AND ECONOMICS
Business and Spirituality: A Discussion Paper on Intertwining Metaparadigms
Author(s): Rafael Domingo
Citation: Rafael Domingo, (2021) "Business and Spirituality: A Discussion Paper on Intertwining Metaparadigms," Journal of Applied Business and Economics, Vol. 23, Iss.1, pp. 170-183
Article Type: Research paper
Publisher: North American Business Press
Abstract:
In this article, I explore conceptual connections between spirituality and business, and I advocate for the concept of business spirituality. I explain why the spiritual triad of love, communion, and gift is deeply related to the business triad of abundance, interaction, and resources. I also make clear why individual and collective intentions and cultural values are the main channels of interaction between business and spirituality. In the second part of the article, I argue that business evolves through spiritualization, among other ways: a) receiving meaning and purpose to business organizations; b) supporting its dematerialization; c) helping it overcome the dualism of the market; d) promoting cohesion; e) stimulating innovation; f) endorsing nonprofit institutions; g) inspiring Social Corporate Responsibility; h) encouraging spiritual leadership; i) illuminating the workplace; j) fostering respect for ethics; and k) helping it understand diversity.
