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This paper explores recent empirical findings that highlight the importance of decoration, particularly in forms that may be described as a kind of spirituality or spiritual expression, and the significance these findings have for thinking about how stakeholders cooperate to create value. We highlight how this phenomenon may become important for thinking about organizations – especially how spirituality may play a role in fostering stakeholder relations that generate more value for all those involved as well as limit transaction costs. Given our focus in exploring this phenomenon and highlighting decoration’s relevance, we focus on its core findings, outline connections to the spirituality and stakeholder theory literatures, and note promising directions for future research.
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Kluver et al. (2014) studied this question.
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