Freire’s pedagogy is commonly applied to the education of those relegated to known dangerous socio-economic exploitation locally and globally. In contrast, we apply his concerns to ourselves as among the seemingly privileged humans on this Earth. Through this essay, we challenge uncritical assumptions embedded in the forms of The Global Market normalized (and only occasionally challenged) in much business school education. We personalize ‘The Global Market’ as a particular representation of ‘Moloch’, an ancient deity demanding human sacrifice. We depict ‘Democracy’ as Moloch’s Handmaiden. Informed by Freire’s emancipatory values, we offer a contribution to management education that is responsive to, responsible for and response- able in the realization of global justice exemplified in (but not unique to) the aspirations of the United Nations. We offer an interpretation of the radical ethics of Emanuel Levinas whose attention lies with those countless people he claims each of us to have responsibilities for. Applied to the field of management education, we reflect on whether the United Nations-led Principles for Responsible Management Education offer opportunities to progress Freire’s Pedagogy of Hope to enhance forms of management learning infused with courageous love for universal emancipation from Moloch’s harms, an emancipation we express as universal justice.
In the context of intensifying globalization, and emanating from their responsibilities in large or small businesses, leaders, managers, and people-of-faith must respond to the impacts of increasing competition for resources, jobs, and liveable environments along with everybody else.
These competitive dynamics exacerbate tensions among individuals, communities, organizations, and nations. Such tensions are often given religious attributions. Encouragement to express religious influences openly may further exacerbate such tensions. Paradoxically perhaps, we advocate for
greater engagement with religious diversity as a source of value rather than a driver of divisions. Managers must ensure such value is realized. We posit that dangerous competitiveness must be transformed to life-sustaining ways of being human. We encourage management educator and practitioner
participation in conversations at the conceptual level in order to contribute pragmatically to the confluence of faith, hope, and love to achieve organizational well-being based on ideals of universal justice, environmental restoration, and global peace.
Global peace and universal justice are aspirations of the Parliament of the World's Religions and the United Nations. Depicted as a braided river, this chapter endorses enhanced dialogue between these two organisations and their impact on peace leadership through a critical focus on the Principles for Responsible Management Education, principles informed by the UN's Sustainable Development Goals sourced in the Global Compact. Currents of such dialogue flowing towards just and sustainable ways of being human are posited as energetic streams of universal peace. The chapter considers divine love as an energy to invigorate leadership for such peace in the context of management education. The chapter does not directly address those for whom spiritual considerations are meaningless except insomuch as differences in ways of being human, spirit[ed], or otherwise energised, must be reconciled if global peace based on universal justice is to be the outcome of individual and collective human activities.
This study carries out empirical analyses using a market-model event study from 26 March 2020 to 20 November 2020. There are three major events highlighted in this article that explain the cyclical and noncyclical stock performance during the COVID-19 outbreak: (a) the implementation of the nationwide Movement control order series (MCOs); (b) the announcement of the economic stimulus package; and (c) the signing of the vaccine agreements. Empirical results are summarized into three main insights: (a) the 10-day event window (CAR −9,0), which entailed the first MCO, was marked by the closure of both public and private non-essential entities, further suspension of events and recreational activities, which negatively affected nationwide economics activities; (b) the 3-day event window (CAR −1,1), which entailed the announcement of the economic stimulus package, resulted in most industries reacting with positive returns except for the oil equipment and services industry; and (c) event window day-293 (CAR +131, +161), which entailed the announcement of the distribution and implementation of COVID-19 vaccines, whereby industries related to the healthcare segments such as equipment and services (+0.0694) and pharmaceuticals and biotechnology (+0.0671) showed positively significant returns at least at the 10% level. Finally, future research could enlighten ownership patterns in Malaysia due to Malaysian companies exhibiting a concentrated ownership structure.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.