Role of spirituality in corporate social responsibility

Unethical business practices are gaining wide attention in the business circles, academia and government. Various measures are adopted to control these unethical business practices. However despite of the known fact that spiritual values have positive effect in controlling this menace and the fact that spiritually oriented people act in Godly ways, Spirituality as a control measure for unethical behavior and business have not been sufficiently explored. This paper argues that socially responsible organizations cannot align their activities with social expectation without creating a compassionate organizational culture based on spiritual values. This is seen to be accomplished through the development of unspoken assumptions embedded in organization culture which recognize that accomplishing what is good for the long term sustainability and success of organization can be obtained by striving for the larger social good.