Ethics – Bible and Business

The Center of a Biblical Worldview of Christian Business Ownership

What is the center of a biblical worldview of business ownership? How should a Chrisitian business owner view the owner's role as a steward before God? This is how I define this center, in one sentence: Christian business owners live with an eternal perspective derived from their covenantal relationship with God and is lived out through biblical stewardship. There are several questions that can always be asked...

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November 1, 2023Christian Stewardship, Ethics, Executive Insights, Theology and BusinessChristian Business Ownership, Christian Stewardship

Christian Stewardship Ethics Executive Insights

Common Types of Ethical Decisions Christian Business Owners Face

This post is part of the Bible and Business series on Christian ethics for Christian Business Owners. Schwartz (2017:234-235) suggests there are different ethical situations that a business owner may face: Moral temptation: the owner can benefit or avoid loss. Moral temptations require moral willpower. Stand up for ethics: the owner will suffer if the correct ethical decision is made. Standing up for ethics requires moral courage....

October 30, 2023Christian Stewardship, Ethics, Executive InsightsChristian Business Ownership, Decisions

Ethics Executive Insights Theology and Business

What Should Christian Business Owners Value?

This post is part of the Bible and Business series on Christian ethics for Christian Business Owners. What values does the Bible prescribe for a Christian business owner to adopt and bake into his business? Happily, comparisons in the Bible teach us what to value. These values are presented as valuing one thing over another. The following table outlines that which all Christians - including Christian business...

October 21, 2023Ethics, Executive Insights, Theology and BusinessCore Values, Values

Christian Stewardship Ethics Executive Insights

Taking Too Much Compensation as the Owner of a Business

This post is part of the Bible and Business series on Christian ethics for Christian Business Owners. Description of the Problem: Most business owners take cash out of the business as compensation without any link to the business’s success (Mikaloniené, 2020:919). Cash is often taken because the inherent power structure of a closely held business allows the owner to set a compensation level without justification to another...

October 19, 2023Christian Stewardship, Ethics, Executive InsightsCEO Salary, Overcompensation

Christian Stewardship Ethics Executive Insights

Hearing the Voice of God in Ethical Decision Making

This post is part of the Bible and Business series on Christian ethics for Christian Business Owners. Ethical decision-making is not merely an intellectual exercise for the Christian business owner. It is also a dynamic spiritual activity. Coupled with filtering the situation’s details through the two great commands (love God with all your heart, soul, mind, and strength and love your neighbor as yourself) as the starting...

October 7, 2023Christian Stewardship, Ethics, Executive InsightsChristian Ethics, Ethics, Hearing the Voice of God

Christian Stewardship Ethics Executive Insights

Overworking Your Staff to Save on Payroll Expenses

This post is part of the Bible and Business series on Christian ethics for Christian Business Owners. In this scenario, an owner expects the employees to work sixty, seventy, or even eighty hours each week without additional compensation, such as bonuses or stock options, for working longer hours. Description of the Problem: Some owners naturally work sixty or seventy hours weekly. They enjoy their work, and they...

October 7, 2023Christian Stewardship, Ethics, Executive InsightsChristian Ethics, Contentment, Employees, Profits, Stewardship, Work Life Balance

Christian Stewardship Ethics Executive Insights

Right-sizing a company to save it from bankruptcy

This post is part of the Bible and Business series on Christian ethics for Christian Business Owners. Nearly every company will need to be right-sized[1] at some point in its lifecycle. No business ever has sustained growth. There are always downturns which owners face. Description of the Problem: Owners get caught in a downward spiral when they believe revenue growth is the answer to a sustained deficit....

October 6, 2023Christian Stewardship, Ethics, Executive InsightsChristian Stewardship, Ethics, Turnaround

Christian Stewardship Ethics Executive Insights

Manipulating Accounting Entries to Save on Taxes

This post is part of the Bible and Business series on Christian ethics for Christian Business Owners. This ethical situation is created when the owner commingles business and personal expenses. As a result, expenses that would normally be personal expenses, such as leasing an automobile, become business expenses that reduce taxable income because the owner owns a business through which the owner can create tax write-offs. Description...

October 3, 2023Christian Stewardship, Ethics, Executive InsightsChristian Ethics, Ethics, Taxes

Christian Stewardship Ethics Executive Insights

Tolerating Boorish Behavior Because of the Benefits an Employee Brings to the Company.

This post is part of the Bible and Business series on Christian ethics for Christian Business Owners. Description of the problem: Some organisations, including Christian ministries, make conscious tradeoff decisions to accept a level of egocentricity, arrogance, callousness, or insensitivity in key employees because of the talents, skills, and positive outcomes these employees bring to the organization. Their destructive tendencies can be mistaken as leadership qualities: “Taking...

October 2, 2023Christian Stewardship, Ethics, Executive InsightsChristian Ethics, Christian Stewardship, Ethics

Christian Stewardship Ethics Executive Insights

Generating fake online reviews for the owner’s products or service

This post is part of the Bible and Business series on Christian ethics for Christian Business Owners. Word-of-mouth advertising has always been considered the best kind of advertising because it costs nothing and is one of the most trusted forms of marketing (Tan, 2015:Online). Description of the problem: In this scenario, the owner hires a firm to write positive but fake reviews of the owner’s products or...

October 1, 2023Christian Stewardship, Ethics, Executive InsightsChristian Ethics, Ethics, Lying, Truth

Christian Stewardship Ethics Executive Insights Theology and Business

The Starting Point for Christian Ethics

This post is part of the Bible and Business series on Christian ethics for Christian Business Owners. Ethics in Business Making correct ethical decisions matters for two reasons. First, when one allows small compromises to encroach into one’s ethics, those compromises will become larger and larger until there are significant moral or legal violations. Second, making correct ethical decisions is tantamount to following God’s commands. Foundation for...

September 29, 2023Christian Stewardship, Ethics, Executive Insights, Theology and BusinessEthics

Christian Stewardship Ethics Executive Insights

Compromising Product Quality

This post is part of the Bible and Business series on Christian Ethics for Christian Business Owners. Product quality refers both to the manufacturing of the product as well as to the marketing of the product. If the marketing suggests that the product is an average quality product, then the consumer can expect an average quality in the manufacturing of the product. But when there is a...

September 29, 2023Christian Stewardship, Ethics, Executive InsightsEthics, Products