© 2021 JETIR May 2021, Volume 8, Issue 5 www.jetir.org (ISSN-2349-5162) Importance of Jain values in Shaping Business ethics

Dr Apurba Nanda Mazumdar and

Research Scholar Julie Jain

Department of Business administration, university

Right Faith; Right -Knowledge and Right Conduct, Code of Conducts as in Svetambara

Yoga Sastra. Abstract Introduction is a religion with core scientific base and ethical practices. Religious practice of An extensive review of literature has the Jain values in day-to-day curriculum can unfolded many untold facts. ’s (2007) work effectively build a strong business ethical on Jain Business Ethics gave a motivational factor structure. The twelve vows (anuvrats) -Non- for pursuing this research. The focus of this paper violence; Truthfulness; Chasity; Non-stealing; is on a particular area and part i.e., religious value Non-possessiveness; Limitation of directional of Jains community. The paper highlights how till movement; Limitation of areal movement; today this community could manage to carry Avoidable activities; Equanimity; Specific forward their business legacy. This paper also fasting; Limiting consumables and non- critically examines the present scenario of the consumables and Hospitality, plays an important community and the impact of westernization and role in shaping Right values- Right Faith; Right - ignorance of the ancient values.The world Knowledge and Right Conduct. Performing economic order is changing rapidly due to the commercial activities in right ways can build an advancement of science and technology. Due to ethical work culture leading to a corruption free the process of globalisation and technological business activity, which will ultimately lead to a explosion, business round the globe is facing healthy, wealthy, and wise nation. global challenges of survival, change, and competition. The present world is faced with Keywords many urgent problems-political, economic, educational, social, and cultural due to Jainism, Business ethics, twelve vows- deterioration of values. Also, the world-wide Non- violence, Chasity; Non-stealing, Non- clamour for ensuring ethical business practices in possessiveness; Limitation of directional the post melt down phase must not escape our movement; Limitation of areal movement; attention while the relevance of values from the Avoidable activities; Equanimity; Specific viewpoint of sustainable growth of business can fasting; Limiting consumables and non- hardly be debated upon, “the question by and consumables and Hospitality; three-fold path- JETIR2105908 Journal of Emerging Technologies and Innovative Research (JETIR) www.jetir.org g835

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large has remained unanswered is…Where from Religion, for most people serves as an the value would come?” important value-source. A person’s perception or sense of what is right or what action is appropriate Values are aspirational moral principles is often shaped by the religious doctrines or belief guiding conduct. Values extend deeper and that he or she holds. Religious scriptures and further than conducts, making up the unseen, established norms play a decisive role in shaping unspoken foundation that supports the entire the values of most individual. Nonetheless, there structure of the organization. Values have a are other sources of values (like parental cognitive dimension-human values, universal upbringing, peer’s influence or education) that values, social values, moral values, educational also have their role in guiding or prompting values, religious values. Followers of Jain human action and behaviour. Among all these practice five vows in their life per the values, a question arises as “how much weight is choice (of limitations) of the practitioner. A to be assigned to religion as a value- sources, vis- layperson follows these vows patially, the vows à-vis other sources?”. are -अह सा िंं (Non- violence),सत्य(Truthfulness),अचौयय(Non- The question assumes added significance as in many cases, it is found that practiced or stealing),ब्रह्मचयय (Chastity),पररग्र applied value-set of a person are not in पररमाण(Limited non-possessiveness). Absolute consonance with the religious dictates. The level of these vows is observed by saints and nuns dissonance is obvious particularly in the domain in Jain sects. Limited level of these vows of business on issues like pricing, promotional observed by a common household person is the practices, employee-welfare, or tax- related issues focus of our study.If this micro system of a Jain and the like. This further give rise to another layperson’s life style is adopted by the mankind at question, “Are we, driven by pragmatism macro level then the whole world may achieve the adopting a piecemeal approach to value (thereby target of an economy of satisfied consumers separating business values from human or through the path of managerial excellence.Some religious values) or should value be a holistic may object that अपररग्रह(the concept of non- framework. The need for the re-exploration of the possessiveness) may stop the growth of role of religion as a value-sources arises only in businesses as it may bring the level of buying the given context that provide the backdrop of the motivation down.While on the contrary non- study. possessiveness will make the economy produce useful products and services only.Modern Business values business strategies are working towards In management business values is an consumerism which is giving birth to an unrest in informal term that includes all forms of values the society that determines the heath and wealth of the firm in the long run. Business values determines the

general principles of appropriate conduct for a

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firm or business entity that enables them to do Knowledge-analysis, information, insight what is right for the society, customer, supplier, and research (Samyag jnaana) channel partner and other entities related to the Conduct-following the value system and business. impressing others of the value system (Samyag Religious values charitra)

Religious values are ethical principles  means non-violence, founded in religious, tradition text and beliefs. something that is common in most Religious values are based on scriptures and faith traditions. However, for religion’s established norms. Religious values Jains, Ahimsa starts from the define what people expect of themselves and of mind, and the non-violence has to others based on the beliefs common to the be lived in thought, word and religions they practice. Such values represent the deed. core principles that guide daily decision making.  Asateya & encourages Jains They help people determine which actions to take, to be truthful and honest in their and to make judgments about right or wrong and actions, and not steal that, which good or bad. The world’s most practiced religions belongs to others. Integrity and often have similar values, although variations sincerity are very critical to their exist in the way some values are prioritized over conduct and character. Often their others. business philosophy is win-win rather than win-lose. Jain values  The principle of Aparigraha Jain values are not different from human explains that possessiveness and values, but they contain a quit different set of materialism are the root causes of values which are not found in other religions. human bondage and prevent us Right from its inception Jainism has built up some from realizing true spiritual principles of conduct for aligning their activities freedom and liberation. In fact, in proper way. These principles are based on what greed is seen by Jains as a form of is right and ought to be done and what is wrong violence, as its nature is for the well-being of all. exploitative. Although, the Jains are less than 1% of India’s The three jewels of Jains are Right faith, population, they are known to give Right knowledge, and Right conduct. These three more than 50% of all charitable jewels are stated in Tattvartha , one of oldest donations in India. For them, scared texts of Jainism. business is an occupation, not a Faith –value system and proper perception pre-occupation, and charity is a (Samyag darsana) natural outlet for business success.

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 ‘Limitation of directional and beings living in the society science which judges areal movement’ means restriction this conduct to be right or wrong, good or bad etc. in unnecessary movement. The When the term business is attached to it, the two motto of these vows is to reduce terms collectively stand for right and wrongs of the possibilities of committing the businesses. Hence, we can say that Business violence, thereby preventing any ethics define code of conduct of human beings injuries to living being. operating the business in an economy. According  The other vows, equanimity, to S. Prasad, “The purpose of business is specific fasting, limiting not simply to go on amassing wealth endlessly. consumables and non- Albeit profit making or wealth maximisation is a consumables and hospitality are goal of every business but, it is not the end. educative in nature. These vows Money is the means to achieve something higher. cultures and educate one’s soul for Business should be driven by the motive of the leading a better life. welfare of the entire nation or at least of the society in which the business operates. However, Research Problem despite varied opinions regarding the profit

 Is having a maximization motive of the organisations, there is systematic set of business ethics? a general agreement amongst the thinkers, academics, and business managers that the  Where are these ethics found in business functions with the sanction of the society ? and hence they need to keep in mind the interest  Can these ethics work as control of at least the society, if not the entire mankind.” tools for an ethical economy?  Are they relevant in modern Jaina Theory of Business Ethics business problem solutions? Jaina Theory of Business Ethics is Scope of the Study primarily a part of the quest of righteousness in businesses. The theory arrives at a consistent The study focuses on business ethics system of business principles that appear to be found in five small vows of a Jain layperson. self-evident. Shyama Prasad advocates that there Though Jain literature is a treasure of ideas on is nothing wrong in an organisation seeking to ethics, but the author has limited her study to five make profit. However, when it makes substandard small vows – Truth, non-violence, non-stealing, products or uses unfair means to gain market celibacy, and non-possessiveness. Jain view on share or ignores its responsibility towards these five issues has been studied in the paper. environment or goes out to destroy the What is Business Ethics? competitors, it is unethical. As Mahatma Gandhi said, the world has enough for everyone is need Philosopher William Lillie defines ethics but not for anyone’s greed. This statement of as the normative science of the conduct of human

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Mahatma Gandhi seems to be based on his Jaina in speculation. The name Jainism came from knowledge. ‘jina’ meaning victory in . The 24th , expounded the religious, Truth and Business Ethics philosophical, and ethical teaching of Jainism. In the vow of truth two violations carrying Jains are grouping community as well as follower the element of law are : These two restrictions in of Jain tenants and principles of 24 Tirthankara. the conduct of a श्रावक(Jain lay man) may stop all Jain society is organized into more than 200 jnati forgeries and keep the economy free of any sort (small groups) and 100 major groups in of unrest. Truth is accepted as an essence of Svetambara and 80 groups in Digambar. The Jains values in all religious but in Jainism basically hail from a place in Rajasthan named all the vows are observed at three levels- 1. By ‘Marvad’ or ‘Mewar’ and so they are popularly also known as Marwaris or Rajasthani. thought (मन) 2. By speech (वचन) and 3. By

actions (काया). Truth in speech and heart is Non-Voilence and Business Ethics responsible for social balance in economic and The element of non-violence (Ahimsa) non-economic environment of businesses.Each establishes Jainism as an environment friendly and every vow of these five has a set of five flaws philosophy. Water, fire, air, soil, all these attached with them .We are mentioning only those elements of natural environment are considered in which we see some elements of business ethics. alive and as per the vow of non-violence, no harm In the vow of truth such two flaws are: is done to these natural elements. Such an मोसोवयसे(not to make false statements)and कूडले approach towards natural resources helps to save करणे (no false documentation). These two resources for the future and will help inhuman life restrictions in the conduct of a businessman may security and continuity. Five flaws of this voware stop all forgeries and keep the economy free of बधे िंं - If I hurt someone by tying him tight any sort of unrest. All these restrictions on the (meaning kept someone in prison etc.), व ंे (If I actions of a layman establish proper inflicted pains and injuries to someone), छहवच्छेए documentation and fair measurement in (If I injured someone physically or cut some part businesses. In modern economies improper and false documentation is emerging as a major crime, of the body), अइभारे - If I overloaded someone which is emerging as a major problem in modern (with workload or weight etc.), भत्तऩाणहवच्छेए economies. The only solution to these economic (Stopped someone from taking food and water). problems is in this ethical approach to These five when applied to human resource or documentation. This solution can be the root of an employees in an organization, they simply match ethical and transparent economy. with the requirement of an efficient human resource management approach.बधे िंं stands for Jains not keeping the employees as slaves, व ंे stands Jainism is said to be one of the oldest for life security of employees at work place, living religions in the world whose origin is still छहवछेए means not hurting the employees JETIR2105908 Journal of Emerging Technologies and Innovative Research (JETIR) www.jetir.org g839

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physically at work, अईभारे means overload in or restraint in eating is also a very physical sense and excess workload for critical virtue. Regular fasting (no food allowed, employees beyond their capacity, भ त्तपाण हवच्छे only water) is encouraged, with eight-day fasts during the holy festival of Paryushan being very ए stands for basic needs of employees in terms of common. The aim of this is to control greed and lunch break etc. hunger, and also purify the soul for liberation. Importance of Jain values Profit is not the overriding aim; quality service, workmanship and discipline are vitally important. For the purpose the study, an in-depth Business is a means to serve society and, if survey of literature is followed pertaining to the possible, uplift it. topic. A well-known business analyst and writer, Timberg (1978) has traced the origin of Marwaris The trade or the professions, Jains choose and Jains and how they got into business from to pursue are determined by their values. They traders. From an elaborate case study method, avoid ‘the meat industry or anything that is Timberg traced the footprints of many successful directly or indirectly connected to the killing of Marwari traders shifting to industrial animals. They tend to specialize in trading entrepreneurship during that era. Timberg and businesses, import/export, wholesaling and Das (2014), through an investigative study of the retailing. A lot of business is conducted on the life history of some of the giant business tycoons basis of relationship and trust, avoiding the need like Jagath Seth, G.D, Birla, shows how the for expensive lawyers and contracts. Marwaris rely on a centuries old system for conserving and growing capital which catapulted Real essence of any business lies in its them in a good position along with a strong sense success and sustainability history. Jains, being of business. one of the pioneering, successful business giants led the foundation and basic principles for The Jains are the oldest living vegetarian business ethics. Knowing or unknowingly they community on the planet. When a community imbibe these values from their religion. Their respects all living beings, its natural characteristic religious doctrines and values led them to realise becomes humility and simplicity, allowing space the theoretical knowledge into practical and freedom for all to coexist. Also, this has led application. Nathmal Tatia has very beautifully to restrictions in the trades that Jains can pursue translated one the verse from “Tattvartha-sutra, as they cannot partake in any business which the motto of Jainism is “live and let live” with involves animal products. mutual win-win strategy. It applies to all, be it nature, human entity, material values, emotions, Jains believe that man should be a master monetary benefits. Implication of these beliefs of his senses, not a slave to them. Hence Saiyam provides a strong and sustainable business or self-discipline and self-control are very relation. important, and this is widely acknowledged as a key ingredient of successful leadership.

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Code of Conduct in Svetambara  Always strive to be free of evil Sastra motives and be favourably

There are 35 code of conducts mentioned inclined to virtue. in Svetambara Yoga Sastra. Among these  Avoid actions which are conducts, 29 of them very precisely showcases inappropriate to the time and and explains the ethical aspects of business: place; be aware of one’s own strengths and weaknesses.  Be honest in earning wealth.  Venerate persons of high morality  Be appreciative of the conduct of and discernment. the virtuous.  Support one’s dependent.  Be apprehensive of sin.  Be far-sighted, visionary, and aim  Fulfil the three-fold aim of life. to succeed in whatever one does.  To make spiritual progress  Be discriminating in all matters. ().  Be grateful when gratitude is  To achieve proper material end called for. ().  Try to be well liked.  To enjoy life in proper manner  Be motivated by a sense of shame. (kaama).  Be compassionate.  Follow the custom of the country  Be gentle in disposition. in which one lives.  Be ready to render services to  Not to denigrate other people, others. particularly governments.  Be in control over the sensory  Live in an appropriate place with organs. good neighbours.  Aim for high moral standards. All these values highlighted above have a  Avoid places where disaster or practical structure rather then just a religious troubles occur frequently. belief. The economic trend and lifestyle can be  Not to engage in a reprehensible lined up in ethical foundation with these codes of occupation. conducts.  Live within one’s means; treat Development of Jain Entrepreneurs in wealth as a trust to be managed Present Era according to Jain tenets. Since literacy among Jains had deeper  Dress according to one’s income. roots from ancient period and during 20th century  Be diligent in supporting ascetics, the Jains have taken the full advantage of modern the righteous and the needy. education system the occupational rigidities appears to have paved the way and now a days Jains started big industries and entered into a wide JETIR2105908 Journal of Emerging Technologies and Innovative Research (JETIR) www.jetir.org g841

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variety of professions and services besides trade agriculture. and commerce. Now a days the Jain entrepreneurs in the form of traders, money lenders, exporters, If agriculture is not permitted, the alternate means importers and big industrialists spread all over of food will be primarily meat which is obviously India and at global level and business transactions not at all permitted in Jainism. of major cities of India are dominated by Jain entrepreneurs including Bangalore. Apart from The opposition to agriculture mainly comes from this we can find Jain entrepreneurs in the area of the fact that it entails more himsa than many other management of state enterprise, Judiciary, trades or professions. Therefore, the general medicine manufacturing, Running Educational perception is that if one has a choice or if it is not institutions and Hospitals, IT Sector, political life a compulsion, then why not avoid it. and Running Social Media in different parts of India. What Jainism says is that we should try to avoid or minimise himsa. Whatever we do, we should If agriculture cannot be undertaken by use due caution and commonsense to ensure that, Jains, then isn't it hypocritical that we eat agricultural produce? to the extent possible, there is minimum himsa. Ultimately it is your intention, your conduct and It is a total misconception to say that your object of doing a particular activity that is agriculture cannot be undertaken by Jains. more important than the activity itself. Jainism does not forbid agriculture as such.

It would, therefore, be wrong to say that Jainism Jainism expressly mentions 15 type of highly forbids agriculture as such. However, if you want sinful activities (karmadaan) that entail enormous to do farming only for pleasure or as a hobby, then amount of himsa of Tras Jivas (two sense to five you should consider whether it is worth, as it sense living-beings) and should not be taken up would certainly involve avoidable himsa. by Jain shrawaks. Agriculture is not one of these.

A farmer works in the field to feed us. His activity cannot be called sinful. Jainism View on Dairy Products.

Jainism is an introspective religion and The first Tirthankar Lord Rishabhdev himself there are no “thou shalt” commandments in taught the skill of agriculture to the mankind as Jainism. Jainism provides a set of the impact of ‘’ had started values/principles and guidelines on how we can dwindling and people could not get their needs apply them in our day-to-day life. It is up to each fulfilled from them. If agriculture was such a sin, one of us to understand and internalize these he would not have taught this skill. values/principles and apply them mindfully in

various aspects of our lives like how to consume Many of the staunch followers of Lord Mahavira, and preserve natural resources, how to follow including Anand Shrawak, were engaged in

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right ethics, what we should eat/not eat, wear/not Repentance), and Philosophy or Dravyanu- wear, integrity with work and finance etc. yog which include Jain philosophy of pure souls and impure souls. Being vegetarian is just not enough from Ahimsa mindset, since consumption of dairy and The main purpose of the Jain stories is to other animal byproducts are considered equally explain Jain principles and conducts. And the high order of sin (Himsa) as consuming direct significant portion of stories are created animal products (E.g. meat and other non- (mythology) by the author using the name of the vegetarian food). Great deal of suffering is caused historical personalities. But one should not derive to animals in the dairy industry. While, Ahimsa the Jain principles or Jain conducts out of the teaches us that every living being (Animals story. included) has the right to life and freedom. Cows One such story is that Mahavir ate kheer love their children just like us. They deserve to be (milk-based food item) in his first Parna (fast safe and free from harm just like us. They have a breaking Tapa). Hence many Jains do ask the capacity to experience grief or joy just like us. So question that what’s wrong with drinking milk if why make them suffer? Mahavira ate kheer? Now the agricultural production in the There is no Jain principle or Jain conduct world is such a level that it can feed the human described by Lord Mahavir that indicates to drink population several times over. There is no milk and consume dairy products. On the shortage of vegetarian food in the world. Milk and contrary his teaching of bahiya tapa other dairy products are not needed for our (ras tyag) and ahimsa says to refrain from healthy survival. consumption of milk and dairy products, as In addition to Ahimsa principle, Mahavir explained above. Swami also preached Samvar and Nirjara. In Nirjara, he explained six bahiya tapa, which Jains and Their Contributions to Indian Economy includes that a Jain should practice “Ras Tyag”. They should not consume juicy food like milk, Jains are the richest religious community, yogurt, butter, ghee, oil etc., since it affects with more than 70% of their population in the top human mind and makes it lazy and sleepy which quintile. Despite 0.06% of total world’s is a hindrance to meditation or one’s spiritual population and 0.4% of total Indian population; progress. Jain community has been among the most contributing community of Indian economy. Jain Jain Agam literature (scripture) consist of community has the highest literacy rate at 94.1% 65% stories and remaining 35% include Karnanu- above the national average of 65.38% and work yoga (geography, participation among males is also the highest at philosophy, gunasthanak etc.), conduct or Achar 55.2%. They have the highest female literacy rate, (six Avashyak, Pratikraman, Samayik, Vows and 90.6% compared with the national average of

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54.16%. Jains bagged 7 padmabhushana out of  20% of Indian textile Industry is 104 awardees. It is also believed that the jains contributed by Jains. have the highest per capita income in India. And  30% of Indian airline industry is 0.4% population accounts for 24% of income tax contributed by Jains. exchanger.  20% of Indian private power and electricity industry is contributed  Jains contribute 24% of total by Jains. income tax.  15-20% of Indian retail and  Richest community in India. wholesale industry is contributed  Own more than 28% Indian by Jains. property.  20-25% of Indian media industry  Contribute 25% of India’s GDP is contributed by Jains. growth.  Most of the leading news papers Recommendation and Suggestion are owned by Jains. Last two decades of India has witnessed  Contribute 62% of total charity many turmoils in corporate as well as in business fund area. After liberalisation, although Indian  Run 12,000 out of 16,000 economic statics has shown a positive graph but Goshalas also many scams, unethical practices, money  More than 50,000 temples in India laundering and such negative activities are with maximum Trithdham. growing rapidly. There are many reasons owing  Jains are less than 1% of India’s to this as increasing greediness, rapid success, population. increasing competition, more diversification,  46% India’s stock brokers are people losing value base business practices and Jains. many more. Thus, to combat with all this  Most literate community in India. unhealthy practices, implementation, and practice  20% of total exports from Indian of Jain ethical code of conducts are essentially Private Sector are contributed by needed. Jainism asks us to subdue our passion and Jains. always act with mindfulness and caution. The  20% of Indian real estate and ignorance of these ethical rules results in construction industry is individual and national crime. contributed by Jains.  33% of Indian gold and Jewellery If a Jain system of business ethics is industry is contributed by Jains. implemented then future managers of modern  50% 0f Indian diamond industry is businesses can bring out a harmonious blend of contributed by jains. our religious values with the modern management style to head a transparent, peaceful, and content  20% of Indian pharmaceutical economy. In the age of globalization, we must company is owned by Jains. JETIR2105908 Journal of Emerging Technologies and Innovative Research (JETIR) www.jetir.org g844

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reaffirm faith in Indian ethos. The ethical implementation of these conducts has become a principles of Jainism prescribe a code of conduct, need for the present generation. For developing a which requires an individual to be an ideal person heathy, wealthy, and sustainable business with nonviolence as the foundation of his life not foundation, one has to have a concert code of only from the Indian context but also universally structure and better understanding of the same. in this 21st century. In India Jain community is in special place Conclusion and Finding because of its uniqueness. Most of the factors mentioned in the article are special and surprising The Jaina theory has given a special to other communities of India. Some of the direction to the evolutionary theories of business principle, Jains follow in their life, which makes ethics. Strong ethics in business with strict them rich and prosperous. This research article implementation system for a Jain follower have will be concluded by the words of Bill Gates the capacity to influence our business (Founder of Microsoft corporation), “If you are environment and taking towards the road of born poor it’s not your mistake, but if you die poor ethical business. The focus on good intention may it’s your mistake”. bring harmony and transparency in the economy if applied in businesses. If this micro system of a References Jain layperson‟s lifestyle is adopted by the

population at macro level, then the whole world may achieve the target of an economy of satisfied consumers through the path of managerial excellence.  Atmanandji. (1993). Aspirant's Guide . Koba: Shrimad Rachandra Adhyatmik Sadhna Kendra. The Jain concept and theories have a  Shah.A A. R. (2017). Jainism and Ethical practical importance in shaping and structuring a Finanace: A Timless Business Model . strong ethical business model. Jainism not just and New York: Routledge Taylor and Finance propagate the ultimate liberation path but also Group. shows the roadways and direction for the same.  . (1978). Ten Days Journey into Self The paper brings out and highlights the micro . International Centre. threads that can mould the economic structure in  Cort, J. E. (2001). Jains in the World: Religious ethical foundation. Practice and implication of Values and Ideology in India. New York: Oxford these concepts can gradually bring spiritual, University Press. mental, physical, and economic upliftment in  Cort, J.E. (1999). and Culture holistic manner. in Indian History. Sri Garib Das Oriental Series, No.250 Jain’s as well as non-Jain is till now has  D. Bhargava, Mardia. K. V. (1968). Jaina Ethics. not realised these concepts in in-depth form. A : Motilal . proper channelization and realisation for

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