文章基本信息

标题：Stakeholders' Welfare and Arthashastra: Learning for Modern Business Management
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作者：Rishi Manrai ; Utkarsh Goel
期刊名称：Purushartha: A Journal of Management Ethics and Spirituality
印刷版ISSN：0975-024X
出版年度：2017
卷号：9
期号：2
语种：English
出版社：Purushartha: A Journal of Management Ethics and Spirituality
摘要：The ancient scriptures of our civilization are sources of immense knowledge and Kautilya's Arthashastra is no exception. Teachings of Arthashastra which explains the politics and economics of governance was primarily written for the rulers and kings. Today's modern business can be compared to the ancient empires and the managers have to play a role similar to the kings. This study tries to highlight the learnings for modern business organization from the teachings of Arthashastra to ensure welfare of all stakeholders. The study specifically focuses on corporate governance, training and group dynamics, corporate social responsibility and value base management. The study further proposes a new SHASTRA model which models the teachings of Arthashastra and acts as a guideline for effective business management based on ancient wisdom. The proposed model if adopted by a business organization is expected to improve its performance without reducing its obligation towards the society.