Faith and Integration Essay

3243 Words Nov 25th, 2012 13 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…
In the textbook, "Fundamentals of Corporate Finance," the authors ask the question, "Does a focus on enriching the shareholders mean that managers must act as greedy mercenaries riding roughshod over the weak and helpless" (Brealey, et al., 2012, p. 14)? Of course not, and just as the steward in "Luke" is expected to be fair to those within the master household, God expects those working in the field of corporate finance as in any field to be honest and fair as well. Proverbs 11:1(NKJV) states; "The Lord detests dishonest scales, but accurate weights find favor with him.” Companies that wish to be profitable are those that use just weights. They work at satisfying both consumers and employees by building honest, meaningful, and long lasting relationships (Brealey, et al., 2012, p. 15). In 1Peter 5:2-4(NKJV) we find these words: "Shepherd the flock of God which is among you, serving as overseers, not by compulsion but willingly, not for dishonest gain but eagerly; nor as being lords over those entrusted to you, but being examples to the flock; and when the Chief Shepherd appears, you will receive the crown of glory that does not fade away. “

Leverage

Financial leverage is a company's ability to pay its debt. It refers to the use of debt with the intention of increasing the potential return of an investment.…