Journal of Business Ethics

, Volume 43, Issue 1–2, pp 153–162 | Cite as

Confucian Business Ethics and the Economy

  • Kit-Chun Joanna Lam


Confucian ethics as applied to the study of business ethics often relate to the micro consideration of personal ethics and the character of a virtuous person. Actually, Confucius and his school have much to say about the morals of the public administration and the market institutions in a more macro level. While Weber emphasizes the role of culture on the development of the economy, and Marx the determining influence of the material base on ideology, we see an interaction between culture – specifically Confucian business ethics – and the economy. In this paper, we are going to study this interaction in several crucial stages of development of Confucianism. The paper concludes by postulating the relevance of Confucian business ethics to the global knowledge economy.

business ethics Confucianism knowledge economy 


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Copyright information

© Kluwer Academic Publishers 2003

Authors and Affiliations

  • Kit-Chun Joanna Lam
    • 1
  1. 1.Departmentof EconomicsHong Kong Baptist UnivesityKowloon TongHong Kong

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