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Wealth, Poverty, and Justice in the Bible: Implications for Business Ethics and Corporate Social Responsibility

Year: 2025
Type: article
Abstract: This research paper explores the biblical foundations of wealth, poverty, and justice, critically examining how these themes inform contemporary business ethics and corporate social responsibility (CSR). Through comprehensive biblical exegesis of both Old and New Testament scriptures and integration of pertinent scholarly literature, industry reports, and business data, this study demonstrates that ethical business practices are deeply rooted in Judeo-Christian values. The paper presents detailed case studies of Fortune 500 companies over the last five years that have implemented biblical principles to create sustainable economic practices. Insights from at least ten key biblical passages, analyzed in depth, are used to construct a framework that supports ethical decision-making in the business arena. The findings reveal that businesses aligning with these ethical imperatives are better positioned to develop CSR strategies that promote economic justice, reduce poverty, and promote wealth distribution that benefits society. Recommendations for both scholars and business ethics professionals are discussed, providing practical solutions for integrating biblical values within modern corporate practices.
Language: English
Open Access status: hybrid
OpenAlex ID: W4408916165
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