2007 Fiscal Year Final Research Report Summary
A comparative study on the diversity management : Islamic management and global management
| Project/Area Number |
16530263
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
Business administration
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| Research Institution | Sakushin Gakuin University |
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Principal Investigator |
SAKURAI Hideko Sakushin Gakuin University, Faculty of policy study, Professor (60203345)
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| Project Period (FY) |
2004 – 2007
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| Keywords | Islamic Management / Islamic finance / cross-cultural management / compliance / comparative management / gift economy / business ethics / women's workforce |
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| Research Abstract |
This research has focused on Islamic Management and examined it in the context of global management. Islamic management has not yet been recognized in the modern management study, because there has been a self evident assumption that religion is nothing but an obstacle against efficiency In the era of sustainable development, however, the business management is required to be more ethics-oriented and has to find a way to attain a comprehensive efficiency keeping a balance between business profit and social welfare. In this regards, Islamic management can be a kind of business model, since Islamic management contains a strong business ethics which cannot be separated from the individual existence. In Islam, the ethical business practices are regarded as an important part of worship. Therefore, this study has attempted to illustrate the Shari'ah compliance, which is based on Islamic law regulating and instructing every aspect of Muslim activities.
As for a case study, Islamic financial market is mainly examined which is expanding and growing rapidly crossing the cultural boundaries. It is interesting that the globally active investors of non-Muslims have adopted the criteria of the Shari'ah compliance and apply it to their business. Moreover, it is important that the market function which is compliant to the Shari'ah consists of both exchange and gift. The complementary relationship of exchange and gift in the market can achieve a rationale in the society in a comprehensive manner and Islamic management can be business model in this regards as well.
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