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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.
© Emerald Group Publishing Limited
2010
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