USD Conference Systems, The 2nd International Conference on Economics, Business, and Management Research (ICEBMR)

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DEVELOPMENT OF CORPORATE VALUE CONCEPTS THROUGH ETHICAL BUSINESS ACCORDING TO CHRISTIAN LEGAL PRINCIPLES
Vicky Martinus Widjojo

Last modified: 2023-11-20

Abstract


Business ethics covers all aspects of business, including individuals, companies, society, as well as relationships between individuals and customers or work partners, Ideally, each party maintains mutual trust by implementing ethics in conducting business. What is the basis for the theological interpretation of the basic business ethics of Christian law, namely: business management is used to glorify God (Romans 11:36). On the contrary, still many businesses are driven by financial gain alone 'Financially Driven Company', mutually seeking their own benefits which can harm the other party without paying attention to the long-term effects. This can be avoided if each business actor wants to implement ethical business make business a 'trust', then all business results are primarily for God - others - then yourself 'Spiritual Driven Company'. The aim of this research is to understand the development of the concept of corporate value through ethical business management in accordance with Christian legal principles. Doing ethical business means managing the business with all your heart as for God (Colossians 3:23)in accordance with Christian ethical behaviour in life, in this way God will certainly be glorified. This research uses a qualitative descriptive approach with data analysis to obtain these results by managing the business ethically according to the principles of Christian law which is carried out consistently, will be able to form a concept of company value. The implementation can be seen from the willingness to share profits – share processes – share programs, in the end it will be loved by employees, praised by customers, made proud and a blessing to everyone.

 

Keywords: business ethics, theological perspective, upstream business competition, entrepreneurship, social responsibility,


Keywords


business ethics, theological perspective, upstream business competition, entrepreneurship, social responsibility,

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