The Impact of Religion on Individual and Firm Performance

Richard Hanna Beainy
Jeanne Antonios Kaspard
Fleur Clara Khalil

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.

How to Cite

Richard Hanna Beainy, Jeanne Antonios Kaspard, & Fleur Clara Khalil. (2024). The Impact of Religion on Individual and Firm Performance . EVOLUTIONARY STUDIES IN IMAGINATIVE CULTURE, 1270–1286. https://doi.org/10.70082/esiculture.vi.1280

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        <full_title>EVOLUTIONARY STUDIES IN IMAGINATIVE CULTURE</full_title>
        <abbrev_title>esiculture</abbrev_title>
        <issn media_type="electronic">2472-9876</issn>
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          <title>ICONOGRAPHY AS A REFLECTION OF THE INTANGIBLE CULTURAL HERITAGE AND CEREMONIAL PLACES OF THE SALASAKA PEOPLE</title>
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        <contributors>
          <person_name contributor_role="author" sequence="first">
            <surname>Andrea Daniela Larrea-Solórzano, Iván P. Álvarez-Lizano, Pablo R. Morales-Fiallos, Carolina E. Maldonado-Cherrez, Carlos S. Suárez-Naranjo</surname>
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          <jats:p>This study is part of the project "Design and memory. Senses exposed in Salasaca iconography", which is developed at the Faculty of Design and Architecture of the Technical University of Ambato and in which the iconography of Salasaka's embroidery and paintings is analyzed, to identify the morphological, aesthetic and symbolic characteristics of their iconography. In addition, the relationships between these visual representations and other aspects are explored, such as the ritual sites of the indigenous community located on the slope of the Tungurahua volcano in Ecuador. Salasaka is known for its cultural and ethnic wealth, with an economy based on agriculture and textile crafts, which attract tourists. Salasaka's reality is intrinsically linked to its geographical environment, where physical spaces have a symbolic value. L The community has maintained an authentic religiosity over time, consecutively performing traditional rituals. Recently, tourism has flourished, especially after the Inti Raymi festival was declared Intangible Cultural Heritage of Ecuador, which has provided a new source of income for its inhabitants. In this study, in addition to an iconographic analysis, six ceremonial and sacred sites for the community are identified, which contribute to cultural tourism.</jats:p>
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          <month>06</month>
          <day>26</day>
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