Greed and Strategic Risk Management: Biblical Ethics in Combatting Corruption

Corporate corruption, driven by greed, poses significant threats to economic stability and organizational integrity. Traditional risk management frameworks often overlook the ethical dimensions of corruption, leaving systemic greed and unethical behaviors unaddressed. This study explores the profound impact of greed on corporate corruption and proposes biblically informed strategies to mitigate such behaviors. Through a systematic literature review, it synthesizes research on greed, biblical ethics, and ethical risk management frameworks, highlighting key principles like stewardship, humility, and servant leadership. Findings reveal that greed disrupts decision-making processes and erodes organizational cultures, while biblical ethics provide actionable solutions for fostering accountability, transparency, and sustainability. The study emphasizes the integration of these principles into corporate governance, ethics training, and stewardship-based financial practices to combat corruption. However, challenges in universal application and limited empirical evidence warrant further cross-cultural and longitudinal research to enhance understanding and implementation.