Main Article Content
The purpose of this article is to study the five precepts and five ennobling virtues which are the basic ethical principles in Buddhism that help to get rid of defilements and can be applied in running business organizations. The application of these Dhamma principles leads to the creation of business ethics that can be applied to solve problems and develop business organizations to achieve growth and development that have balance between the mental and material aspects in the post-industrial society. The five precepts and five ennobling virtues consists of five pairs of Dhammas which are as follows: abstaining from killing to match with loving-kindness and compassion, abstaining from stealing to match with right livelihood, abstaining from sexualmisconduct to match with sexual restraint, abstaining from telling lies to match with honesty, and abstaining from intoxicants to match with mindfulness and clear comprehension. All these five pairs of ethical principles guarantee happiness and tranquility; safety; and peace of life, property, family, and outside society as well as the inside society of the business organization in order to achieve growth, prosperity, and sustainability. These Dhammas concern with values of consumption to upgrade the quality of life, happiness in work performance, and competition in terms of creating cooperation in order to develop the producing section that is beneficial to the society rather than destroying each other and the environment.
I and co-author(s) certify that articles of this proposal had not yet been published and is not in the process of publication in journals or other published sources. I and co-author accept the rules of the manuscript consideration. Both agree that the editors have the right to consider and make recommendations to the appropriate source. With this rights offering articles that have been published to Panyapiwat Institute of Management. If there is a claim of copyright infringement on the part of the text or graphics that appear in the article. I and co-author(s) agree on sole responsibility.
Brahmagunabhorn (P.A. Payutto). (2016). Dictionary of Buddhism (36th ed.). Bangkok: Phalidhamma. [in Thai]
Buddhaghosa. (2012). Visuddhimagga Vol. 1 (12th ed.). Bangkok: Mahamakutrajavidyalaya Publications. [in Pali]
Carroll, A. B. & Buchholz, A. K. (2003). Business and Society: Ethics and Stakeholder Management. Mason: South-western.
Dhammapidok (P.A. Payutto). (1999). Buddhadhamma (8th ed.). Bangkok: Mahachulalongkornrajavidlayala Publications. [in Thai]
______. (P.A. Payutto). (2000a). Solution of Economic System Which Dominates Thai Society (3rd ed.). Bangkok: Dhamma Foundation. [in Thai]
______. (P.A. Payutto). (2000b). Dhamma and Work (3rd ed.). Bangkok: Dhamma Foundation. [in Thai]
______. (P.A. Payutto). (2002). Buddhist Economics (5th ed.). Bangkok: Komolkhemthong Foundation. [in Thai]
Ferrell, O. C., Fraedrich, J. & Ferrell, L. (2015). Business Ethics: Ethical Decision Making and Cases. Stamford: Cengage Learning.
Mahachulalongkornrajavidyalaya University (MCU). (1996). Thai Tipitaka Vol. 9, 10, 11, 21, 23, 25. Pranakhorn Si Ayutthaya: Mahachulalongkornrajavidyalaya University. [in Thai]
Nontharak, J. & Atsanangkonchai, S. (2018). Disease from Alcohol in 195 Countries from 1990-2016. Retrieved November 26, 2018, from https://cas.or.th/2018/2627 [in Thai]
Puntasen, A. (2004). Buddhist Economics: Evolution, Theories, and its Application to Various Economic Subjects (3rd ed.). Bangkok: Amarin Printing and Publishing. [in Thai]
Schumacher, E. F. (1973). Small is Beautiful: Economics as If People Mattered. London: Blond & Briggs.
Sigambhirayan (Somjin Sammapanno). (2016). Ethics in Buddhist Texts. Phra Nakhon Si Ayutthaya: Mahachulalongkornrajavidlayala University. [in Thai]
Siha-amphi, P. (2000). Basic Religious and Ethic Education. Bangkok: Chulalongkorn University. [in Thai]
Simanee, L. (n.d.). Morality and Ethics in the East. Bangkok: Duangkaew. [in Thai]
Thepvethi (P.A. Payutto). (1988). Truth and Ethics. Bangkok: Mahachulalongkornrajavidlayala Publications. [in Thai]
The Royal Institute. (2003). Dictionary of the Royal Institute in B.E. 2542. Bangkok: Nanmeebooks Publications. [in Thai]
U-pho, T. (1996). Advantages of Five Precepts: Canon of Society (3rd ed.). Bangkok: Mahachulalongkornrajavidlayala Publications. [in Thai]
Vajirananavarorasa, Somdet Phramahasamanachao Kromphraya. (1995). Five Precepts and Five Doctrines (15th ed.). Bangkok: Mahamakutrajavidyalaya Publications. [in Thai]
Velasquez, M. G. (2008). Business Ethics: Concepts and Cases. Englewood Cliff: Prentice-hall.
Virakul, B. (2008). Doctrine of Ethics in Human Resource and Organization Development. Bangkok: Graduate School of Human Resource Development, National Institute of
Development Administration. [in Thai]