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The Role of the Indian Knowledge System in Enhancing Ethical Leadership and Corporate Governance in the 21st Century
Subject area: Arts, Social Sciences and Humanities · Area of research: Human Recourses
DOI: https://doi.org/10.64388/IREV10I1-1719595
Abstract
This study investigates the role of the Indian Knowledge System (IKS) in the twenty-first century, organizations worldwide face escalating ethical quandaries, leadership crises, and governance issues as a result of globalization and rapid technological progress. This study looks at how the Indian Knowledge System (IKS) may promote ethical leadership and develop corporate governance frameworks in modern enterprises. Drawing on ancient Indian writings such as the Vedas, Upanishads, Bhagavad Gita, and Arthashastra, the article discusses how values such as Dharma (righteousness), Satya (truth), Seva (service), and Lokasangraha (community welfare) might be applied to leadership and organizational management. Integrating these values promotes transparency, accountability, and moral conscience in corporate decision-making. Furthermore, the study underlines that adopting IKS concepts into management education and governance policies is consistent with the goal of the National Education Policy 2020, which supports ethical, holistic, and culturally based learning. Organizations may build sustainable, accountable, and value-driven leadership practices that are appropriate for the ethical demands of the twenty-first century corporate environment by combining traditional Indian wisdom with modern governance methods.
Keywords
Indian Knowledge System, Technological Progress, National Education Policy.
References
[1] The Bhagavad Gita. Translated by Eknath Easwaran, Nilgiri Press, 2007.
[2] Ministry of Education, Government of India. National Education Policy (NEP) 2020.
[3] Vivekananda, Swami. Complete Works of Swami Vivekananda. Advaita Ashrama, 2015.
[4] Sharma, R. (2023). “Relevance of Indian Knowledge System in Modern Management Ethics.” Journal of Indian Management Studies, 11(2), 55–64.
[5] Sinha, J. (2022). “Value-Based Leadership through Indian Knowledge Traditions.” Indian Journal of Leadership and Governance, 8(1), 72–81.
[6] Kautilya's Arthashastra. Translated by L. N. Rangarajan, Penguin Books, 1992.
[7] Thirukkural. Translated by P. S. Sundaram, Penguin Books, 1990.
[8] Radhakrishnan, S.. The Principal Upanishads. HarperCollins India, 1994.
[9] Institute of Company Secretaries of India. Corporate Governance: Principles, Policies and Practices. ICSI Publications, New Delhi, 2018.
[10] Chakraborty, S. K.. Ethics in Management: Vedantic Perspectives. Oxford University Press, New Delhi, 1995.
How to cite this paper
@article{1719595,
author = {Dr. G. Nithya},
title = {The Role of the Indian Knowledge System in Enhancing Ethical Leadership and Corporate Governance in the 21st Century},
journal = {Iconic Research And Engineering Journals},
year = {2026},
volume = {10},
number = {1},
pages = {688-691},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/1719595.pdf},
abstract = {This study investigates the role of the Indian Knowledge System (IKS) in the twenty-first century, organizations worldwide face escalating ethical quandaries, leadership crises, and governance issues as a result of globalization and rapid technological progress. This study looks at how the Indian Knowledge System (IKS) may promote ethical leadership and develop corporate governance frameworks in modern enterprises. Drawing on ancient Indian writings such as the Vedas, Upanishads, Bhagavad Gita, and Arthashastra, the article discusses how values such as Dharma (righteousness), Satya (truth), Seva (service), and Lokasangraha (community welfare) might be applied to leadership and organizational management. Integrating these values promotes transparency, accountability, and moral conscience in corporate decision-making. Furthermore, the study underlines that adopting IKS concepts into management education and governance policies is consistent with the goal of the National Education Policy 2020, which supports ethical, holistic, and culturally based learning. Organizations may build sustainable, accountable, and value-driven leadership practices that are appropriate for the ethical demands of the twenty-first century corporate environment by combining traditional Indian wisdom with modern governance methods.},
keywords = {Indian Knowledge System, Technological Progress, National Education Policy. },
month = {July},
doi = {https://doi.org/10.64388/IREV10I1-1719595}
}