Ethical Leadership and Cultural Values: The Role of Buddhism in Shaping Modern Business

Abstract

In the intricate fabric of modern business, the influence of cultural values unfolds as a captivating narrative. This study embarks on a journey to reveal the profound impact of Buddhist culture on business practices, both historically and in contemporary times. We traverse a landscape where mindfulness, compassion, and ethical behavior shape business into a force for holistic well-being. Employing a qualitative methodology, our study constructs a mosaic of findings grounded in thematic analysis and a thorough collection of secondary data sources. Compassion emerges as a cornerstone, sparking a revolutionary transformation within enterprises. We uncover a landscape where employee well-being, customer-centric approaches, community engagement, ethical supplier partnerships, and environmental sustainability thrive, all rooted in compassionate principles. Culture intersects with business, creating a narrative rich in regional variations and adaptations. In this discussion, we explore the implications of our findings, emphasizing the ethical leadership driving this transformational journey. As we present this picture, we acknowledge its limitations and the compelling need for further research, calling for future studies to delve deeper into the cultural adaptations and regional nuances of this narrative. The conclusion weaves together the threads of compassion, ethics, and sustainability into a vision where business is not merely transactional but a transformative force, nurturing the well-being of individuals, communities, and the planet. This study transcends the transactional, embracing the transformational- a narrative where business becomes a beacon for a better society.