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Values‐based corporate governance and organization behavior – guidelines from Manusmriti for ethical and social responsibility

N. Sivakumar (Senior Lecturer at Sri Sathya Sai University, Bangalore, Karnataka, India)

Corporate Governance

ISSN: 1472-0701

Article publication date: 16 October 2009

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Abstract

Purpose

The purpose of this paper is to develop a typology of organization behavior based on the guidelines from Manusmriti, an ancient Indian law text. The paper also purports to provide guidelines from the text for values‐based corporate governance.

Design/methodology/approach

The paper first develops an organizational behavior typology based on Manusmriti. The paper then provides guidelines for various aspects of values‐based corporate governance.

Findings

The paper finds that the guidelines from Manusmriti are relevant in providing a holistic approach to corporate governance which promotes ethical and social idealism.

Practical implications

The paper has practical implications to practitioners of corporate governance in terms of developing structures which promote ethical and socially responsible behavior.

Originality/value

The originality of the paper is in deriving guidelines for values‐based corporate governance from Manusmriti.

Keywords

Citation

Sivakumar, N. (2009), "Values‐based corporate governance and organization behavior – guidelines from Manusmriti for ethical and social responsibility", Corporate Governance, Vol. 9 No. 5, pp. 573-585. https://doi.org/10.1108/14720700910998148

Publisher

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Emerald Group Publishing Limited

Copyright © 2009, Emerald Group Publishing Limited

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