Faith and Integration Essay

3257 Words Dec 9th, 2012 14 Pages
How faith integration manifests itself within the practice of corporate finance can only be understood when studying God's Word and practicing its teachings. One important aspect of integrating one’s faith within the context of finance is through stewardship. Stewardship is defined as;"1. the position and duties of a steward, a person who acts as the surrogate of another or others, especially by managing property, financial affairs, an estate, etc. 2. the responsible overseeing and protection of something considered worth caring for and preserving" (Dictionary.com, 2012). Stewardship in the context of faith integration is the act caring for and protecting the resources that God has entrusted us with and using them in a way that will bring …show more content…
92). A Christian practicing in a financial advisor capacity is morally obligated to warn companies or consumers against becoming indebted if they are at a high risk of default. According to Liang (2007), biblical teachings provide many insights into the excessive use of debt in financial transactions. As confirmation, in Luke 14:28-30 (NKJV), you find these words: "For which of you, intending to build a tower, does not sit down first and count the cost, whether he has enough to finish it—lest, after he has laid the foundation, and is not able to finish, all who see it begin to mock him, saying, ‘This man began to build and was not able to finish’?”

Liquidity

One concern of financial management should be the long-term liquidity of the firm. Liquidity in general is the "access to cash or assets that can be turned into cash on short notice" (Brealey, et al., 2012, p. 95). Corporations must seek to invest in those things that will bring about long-term value and create an accumulation of wealth. This includes, “strategic investments in human capital, customer loyalty, supply chain relations, production capacity, operational efficiency, or new product innovation" (Liang, 2007, p. 58). When we think of liquidity in term of faith integration, we are drawn to the story of Joseph in the book of Genesis Chapter 41. Liang (2007) uses this story to discuss the topic of excess liquidity; "Throughout his sojourn in Egypt, Joseph acted to maximize the earthly

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