The Impact of Religion on Individual and Firm Performance

Abstract

The primary aim of this three-year study is to explore the potential impact of religion on both individual performance and the financial performance of firms. Based on quantitative data and well-established financial metrics, this research seeks to dissect the intricate relationship between religion and performance. In the past, conducting complex and specific studies regarding the most influential religious criteria on individual performance was challenging. However, technological advancements and analytical systems such as Stata have made the execution of such intricate studies feasible. The resulting outcomes can then be communicated through straightforward yet significant metrics. At its core, this study endeavors to address the fundamental question of whether religion yields a positive or negative influence on performance. Furthermore, it aims to discern the extent of this influence and its consistency. To achieve these objectives, the study will employ hypothesis testing and leverage the statistical regression analysis method. This study aspires to quantitatively offer invaluable insights into religion's pivotal role in shaping individual and corporate outcomes by delving into the potential interplay between religion and performance.