Biblical Foundations of Business Ethics

Journal of Markets and Morality, Vol. 3, No. 1, pp. 43-57, Spring 2000

15 Pages Posted: 8 Aug 2006 Last revised: 15 Aug 2013

See all articles by Hershey H. Friedman

Hershey H. Friedman

City University of New York - Department of Business Management

Abstract

The Hebrew Bible is replete with precepts that deal with business ethics and thus can be used as a starting point for those interested in developing higher moral standards for business. Some of the issues discussed in this paper include: environmentalism, caring for the poor, not discriminating against the stranger, fairly treating employees, paying wages and rents on time, providing fringe benefits for employees, maintaining honest and stable prices, ensuring accuracy in weights and measures, honesty in selling and negotiations, acting in a manner that ensures one is above suspicion, and providing an honest day's work. The author concludes that Scripture makes clear that individuals and organizations that act ethically will achieve ultimate success.

Keywords: business, Bible, ethics

JEL Classification: M14, Z12

Suggested Citation

Friedman, Hershey H., Biblical Foundations of Business Ethics. Journal of Markets and Morality, Vol. 3, No. 1, pp. 43-57, Spring 2000. Available at SSRN: https://ssrn.com/abstract=922718

Hershey H. Friedman (Contact Author)

City University of New York - Department of Business Management ( email )

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