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The Value-orientations of Catholic and Buddhist Entrepreneurs

Gabor Kovacs’ paper entitled “The Value-orientations of Catholic and Buddhist Entrepreneurs” was published in the International Journal of Social Economics, 2017, Vol. 44, Issue 12.

The paper explores and compares the core operating values of Catholic and Buddhist entrepreneurs. The paper is based on an empirical investigation of the value orientations of Catholic and Buddhist entrepreneurs in Hungary. The findings assert that, regardless of their different spiritual backgrounds, Catholic and Buddhist value orientations operate in the same dimensions in business: namely (i) the ontological conceptions behind business activities; (ii) the procedural aspects of business activities; and (iii) the other-directedness of business activities. The findings substantiate understanding of the behavior and the motivations of spiritually oriented entrepreneurs. The author argues that Catholic and Buddhist values may serve as inspiration for genuinely ethical behavior in business.