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Finding the Right Path: Towards a Buddhist Sense of Corporate Ethics in Bhutan

  • Asia Review
  • Abbr : SNUACAR
  • 2021, 11(3), pp.125~164
  • Publisher : 아시아연구소
  • Research Area : Social Science > Social Science in general
  • Received : September 29, 2021
  • Accepted : November 30, 2021
  • Published : December 31, 2021

Sonnenberg, Stephan 1 Adrian von Bernstorff 2 Thinley Namgay 3

1서울대학교
2Jigme Singye Wangchuck School of Law
3Bhutan Blossoms

Accredited

ABSTRACT

Is there such a thing as a “Buddhist” sense of corporate ethics? In this article, the authors propose a contribution to that question by drawing on their personal experience managing or supporting the development of an innovative new business venture in Bhutan, a small and primarily Buddhist country. The authors propose that one salient feature of a Buddhist business ethic might be a conscious choice by an entrepreneur to encourage and facilitate the full agency of those communities that stand to be impacted the most by a business’ operations. This business ethic intentionally empowers communities to speak on their own behalf, and consciously embraces a consensus-oriented decision-making process, even in situations when the logic of power, status, or wealth would not demand such a commitment. We describe this business model as one of intentional interdependence with affected communities, and describe how this logic is not only ethically the right thing to do, but also valuable from a business perspective, especially during turbulent and unpredictable times such as our own.

Citation status

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