It is estimated that there are between 300 to 500 million people who are practicing Buddhists in the world. The exact number is difficult to determine due to issues of religious freedom in China, and the fact that in some cultures people practice more than one religion. Regardless of the exact number, it is fair to say that a sizable number of individuals in the world are influenced by the teachings of the Buddha. While religious beliefs have always impacted the practice of management, there has been increased interest in the relationship between spiritualism and business in recent years (Dean, Fornaciari, and McGee 2003; Fry 2003; Abuznaid 2006; Schwartz 2006). Some of this interest has been directed towards an ethical orientation (White 1999; White and Taft 2004; Suen, Cheung, and Mondejar 2007), as one would expect when discussing religion, however, the area of study has now been expanded to include other areas of interest to management researchers. The impact of religious beliefs on managerial behavior, and how researchers should study this relationship, has become a legitimate field of inquiry. Daniels (1998) has argued that researchers in the field of economics have largely ignored religion, instead seeking to understand economic decision-making using a positivist and secular paradigm. The same criticism could be made of management researchers, although to a lesser degree. Religion, as part of culture, has been of interest to management researchers for at least the past few decades; however, it generally gets less attention in lieu of the more secular aspects of culture. Like economics, management research can benefit from further investigations into the relationship between religion and business activity, not only to help explain managerial practices cross-culturally, but also to offer suggestions for improved practices. This paper proposes that Buddhist belief influences management practices in Buddhist countries, and that a wider application of the principles may be beneficial to management practitioners, regardless of religious orientation.