The Role of Qing and Li 1 in Chinese Entrepreneurial Decision Making: A Confucian Ren-Yi Wisdom Perspective

Journal of Business Ethics 126 (4):613-630 (2015)

Abstract
The intellectual debates on wise entrepreneurship behavior such as decision making tend to focus on the relationship between economic rationality and morality, while overlooking the important role affect plays. To fill in this gap, this paper proposes a theoretical framework based on the Confucian concepts of ren and yi and studies their practical manifestation in qing and li 1 for decision making. Drawing from 32 in-depth interviews and 52 vignettes with Chinese SME entrepreneurs, this study has found that qing plays an essential role in decision making. Chinese entrepreneurs had to deal with the dilemma relating to qing and li 1 holistically to reach a balanced outcome in their everyday business practices. As a major contribution, this study extends the study of Confucian ethics by highlighting ren-yi as an important perspective for understanding Chinese entrepreneurial decision making and also for promoting the affective dimensions for entrepreneurial ethical decision making in general
Keywords Confucian ethics   Ren   Yi   Qing  Entrepreneurial decision making
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DOI 10.1007/s10551-013-1970-1
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References found in this work BETA

Is Confucianism Good for Business Ethics in China?Po Keung Ip - 2009 - Journal of Business Ethics 88 (S3):463-476.

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