Advances in Consumer Research
Issue:6 : 2674-2679
Original Article
Learning from the Jainism: A Review of Jain Ethical Doctrines and Their Financial Relevance
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1
Research Scholar, Department of Management Studies Vivekananda Global University, Jaipur
2
Professor, Department of Management Studies Vivekananda Global University, Jaipur
3
HoD MBA, Xavier institute of Management and Informatics St. Xavier’s college Jaipur
Abstract

Jainism, an ancient Indian philosophy, offers a profound ethical framework with significant relevance to contemporary financial and business practices. This review paper explores the core ethical doctrines of Jainism—primarily Ahimsa (non-violence), Aparigraha (non-possessiveness), and Satya (truthfulness)—and examines their application in the modern economic sphere. The paper's objective is to synthesize existing literature to understand how these principles can inform and guide ethical finance, corporate social responsibility (CSR), and sustainable corporate governance. The methodology for this review is qualitative, involving a comprehensive analysis of academic literature, philosophical texts, and case studies that link Jain values to business ethics. The review of literature delves into the foundational concepts of Jain ethics, including the theory of Karma, and their historical and modern interpretations. It then connects these doctrines to financial relevance by discussing their impact on ethical leadership, responsible wealth management, and investment decisions. The discussion section synthesizes these findings, arguing that Jain ethics provide a compelling alternative to purely profit-driven models, promoting a balance between economic goals and social-environmental well-being. The paper concludes that the integration of Jain ethical principles offers a robust pathway for businesses and financial institutions to navigate the complex challenges of the modern corporate landscape, fostering a culture of integrity, accountability, and long-term ethical profitability

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