Influence Of Confucianism And Shintoism

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Abstract
The purpose of this study is to understand the influence of Confucianism, Shintoism and Buddhism in East Asian management. The study explores the main characteristics of these three religions and shows the impact of these religious beliefs in management practices of organizations like performance appraisal, leadership, teamwork, equal employment opportunity.
Introduction
In the past two decades, there has been an astonishing development in Asian economies especially in that of Japan, Hong Kong, Singapore, Taiwan and South Korea. The growth rate of these economies was boosted from 1.6 percent to 5.6% in a couple of years, with an average growth rate of at least 4 percent (CNBC 2016). Religions and beliefs do play a vital role in these
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Confucianism is a collectivist based value system which embraces a set of moral codes of behaviour designed to regulate the relationships between ruler and subject, father and son etc. Confucianism is basically a set of ideologies developed from the teachings of a Chinese philosopher Confucius. His teachings include the importance of love and concern for others which can be achieved through self discipline and being mindful of others. He also emphasized on ritual, harmony, social relationships especially within a family. He also believed obedience to authority and though that the leaders in a society should be selected on basis of achievement and not based on hereditary titles. Confucianism is actually a Chinese belief system but is also prevalent in countries like Korea, Japan and…show more content…
Collective success requires that everyone knows their place (Romar 2002; Hennig 2013); this is particularly relevant in a business scenario. A Paternal type leadership influences Chinese businesses today (Liu 2010). This derives from Confucian family values in which the son must obey his father (Liu 2010). At the centre of Confucian values is the close family unit and the implicit roles and duties of children towards their parents, in particular the father (Thompson 2010; Green 2012). A similarity can be drawn with leaders in companies (Liu 2010). Like the father in a Chinese family, a manager in a company is expected to lead a moral example and guide those below him to do the right thing (Chen and Farh 2010). Familial collectivism is an integral characteristic of Confucianism that defines the prominent physiognomies of a Confucian firm (Ip

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