Faith Integration: Business and the Bible
Introduction
A worldview is a set of ideas, values, and beliefs that make up the world. Everyone bases their life off of their worldview. Christians should strive to align their worldview with the Bible. In dealing in business, a person should exhibit covenantal behavior. Christians are in covenant with God through Jesus Christ. Business acquaintances should mirror this behavior because they are in covenant with others. It is important to strive to serve one another and be accountable to each other (Fischer, 2011).
Time Value of Money and the Bond Market Two of the most important concepts in finance are the time value of money and the bond market. “Time value of money is a very important topic in finance because it represents the building block and basic tool for many other fundamental topics such as bond valuation, stock valuation, capital budgeting, and options valuation” (Martinez, 2013). These concepts can be observed from a biblical perspective, as told in the parable from Jesus in Matthew 25. Jesus did most of His teaching through the use of parables. The parable of the bags of gold that demonstrates not only the time value money but also the bond market. This parable is centered on …show more content…
For this reason, the voting process as well as the individual selection process is equally important. “Choose some wise, understanding and respected men from each of your tribes, and I will set them over you” (Deuteronomy 1:13, Biblegateway.com). Though it is not certain of the exact process of how these “respected men” were chosen, it is known that today it is extremely important. In the 8th edition of the Fundamentals of Corporate Finance (2015), the authors point out that in most companies the board of directors are selected by majority voting. This means that each director is voted on
Introduction
A worldview is a set of ideas, values, and beliefs that make up the world. Everyone bases their life off of their worldview. Christians should strive to align their worldview with the Bible. In dealing in business, a person should exhibit covenantal behavior. Christians are in covenant with God through Jesus Christ. Business acquaintances should mirror this behavior because they are in covenant with others. It is important to strive to serve one another and be accountable to each other (Fischer, 2011).
Time Value of Money and the Bond Market Two of the most important concepts in finance are the time value of money and the bond market. “Time value of money is a very important topic in finance because it represents the building block and basic tool for many other fundamental topics such as bond valuation, stock valuation, capital budgeting, and options valuation” (Martinez, 2013). These concepts can be observed from a biblical perspective, as told in the parable from Jesus in Matthew 25. Jesus did most of His teaching through the use of parables. The parable of the bags of gold that demonstrates not only the time value money but also the bond market. This parable is centered on …show more content…
For this reason, the voting process as well as the individual selection process is equally important. “Choose some wise, understanding and respected men from each of your tribes, and I will set them over you” (Deuteronomy 1:13, Biblegateway.com). Though it is not certain of the exact process of how these “respected men” were chosen, it is known that today it is extremely important. In the 8th edition of the Fundamentals of Corporate Finance (2015), the authors point out that in most companies the board of directors are selected by majority voting. This means that each director is voted on