An Islamic approach to the theory of the firm : the views of Malaysian managers

The conventional approach to the theory of the firm has not been adequate to respond to external, internal, and human dynamism. The market-based theory of the firm emphasises on the industrial organizational perspective only of the firm, which is lack of dynamism. The evolutionary approach into reso...

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Main Authors: Mhd. Sarif, Suhaimi, Ismail, Yusof
Format: Conference or Workshop Item
Language:English
English
Published: 2013
Subjects:
Online Access:http://irep.iium.edu.my/31690/
http://irep.iium.edu.my/31690/
http://irep.iium.edu.my/31690/1/AAMC2013_MOB_12_IslamicTheoryoftheFirmpp262_270.pdf
http://irep.iium.edu.my/31690/4/aamc_programme_schedule_2013.pdf
id iium-31690
recordtype eprints
spelling iium-316902015-07-22T13:10:53Z http://irep.iium.edu.my/31690/ An Islamic approach to the theory of the firm : the views of Malaysian managers Mhd. Sarif, Suhaimi Ismail, Yusof HF5549 Personnel management The conventional approach to the theory of the firm has not been adequate to respond to external, internal, and human dynamism. The market-based theory of the firm emphasises on the industrial organizational perspective only of the firm, which is lack of dynamism. The evolutionary approach into resource-based and knowledge-based of theory of the firm is also unable to provide a satisfactory theory of the firm due to lacks of spirituality foundation to sustain intellectual contribution from knowledge workers. Thus, this study explores an Islamic approach, which is based on Tawhidic paradigm to the theory of the firm as a mean to achieve organizational sustainable innovation and competitive advantage. The study obtained views through personal interview with 10 managers from companies that practice Islamic management system. The informants argued that the current practice emphasized on profit maximization and competitive advantage at the cost of human spirituality development. 2013-08-23 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/31690/1/AAMC2013_MOB_12_IslamicTheoryoftheFirmpp262_270.pdf application/pdf en http://irep.iium.edu.my/31690/4/aamc_programme_schedule_2013.pdf Mhd. Sarif, Suhaimi and Ismail, Yusof (2013) An Islamic approach to the theory of the firm : the views of Malaysian managers. In: 10th Asian Academy of Management Conference 2013, 23-25 August 2013, Bayview Beach Resorts, Batu Feringgi, Penang. http://aamc.usm.my/
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
English
topic HF5549 Personnel management
spellingShingle HF5549 Personnel management
Mhd. Sarif, Suhaimi
Ismail, Yusof
An Islamic approach to the theory of the firm : the views of Malaysian managers
description The conventional approach to the theory of the firm has not been adequate to respond to external, internal, and human dynamism. The market-based theory of the firm emphasises on the industrial organizational perspective only of the firm, which is lack of dynamism. The evolutionary approach into resource-based and knowledge-based of theory of the firm is also unable to provide a satisfactory theory of the firm due to lacks of spirituality foundation to sustain intellectual contribution from knowledge workers. Thus, this study explores an Islamic approach, which is based on Tawhidic paradigm to the theory of the firm as a mean to achieve organizational sustainable innovation and competitive advantage. The study obtained views through personal interview with 10 managers from companies that practice Islamic management system. The informants argued that the current practice emphasized on profit maximization and competitive advantage at the cost of human spirituality development.
format Conference or Workshop Item
author Mhd. Sarif, Suhaimi
Ismail, Yusof
author_facet Mhd. Sarif, Suhaimi
Ismail, Yusof
author_sort Mhd. Sarif, Suhaimi
title An Islamic approach to the theory of the firm : the views of Malaysian managers
title_short An Islamic approach to the theory of the firm : the views of Malaysian managers
title_full An Islamic approach to the theory of the firm : the views of Malaysian managers
title_fullStr An Islamic approach to the theory of the firm : the views of Malaysian managers
title_full_unstemmed An Islamic approach to the theory of the firm : the views of Malaysian managers
title_sort islamic approach to the theory of the firm : the views of malaysian managers
publishDate 2013
url http://irep.iium.edu.my/31690/
http://irep.iium.edu.my/31690/
http://irep.iium.edu.my/31690/1/AAMC2013_MOB_12_IslamicTheoryoftheFirmpp262_270.pdf
http://irep.iium.edu.my/31690/4/aamc_programme_schedule_2013.pdf
first_indexed 2023-09-18T20:45:50Z
last_indexed 2023-09-18T20:45:50Z
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