Spiritual capital and practical wisdom

Abstract

Purpose

The aim of this paper is to show the connection between spiritual capital and practical wisdom with moral virtue as the link of both concepts.

Design/methodology/approach

The concept of spiritual capital will be explained using the well known concept of social capital and practical examples for virtues.

Findings

Spiritual capital has an impact on business like other forms of capital.

Originality/value

The paper discusses the development of the concept of spiritual capital.

Citation

Roosevelt Malloch, T. (2010), "Spiritual capital and practical wisdom", Journal of Management Development, Vol. 29 No. 7/8, pp. 755-759. https://doi.org/10.1108/02621711011059194