Journal of Business Ethics

, Volume 38, Issue 1–2, pp 119–131 | Cite as

Virtue Is Good Business: Confucianism as a Practical Business Ethics

  • Edward J. Romar


This paper argues Confucianism is a compelling managerial ethic for several reasons: 1) Confucianism is compatible with accepted managerial practices. 2) It requires individuals and organizations to make a positive contribution to society. 3) Recognizes hierarchy as an important organizational principle and demands managerial moral leadership. 4) The Confucian "golden Rule" and virtues provide a moral basis for the hierarchical and cooperative relationships critical to organizational success. The paper applies Confucianism to the H. B. Fuller in Honduras: Street Children and Substance Abuse case.


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Copyright information

© Kluwer Academic Publishers 2002

Authors and Affiliations

  • Edward J. Romar
    • 1
  1. 1.College of ManagementUniversity of Maasachusetts BostonU.S.A.

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