Arthashastra and Its Applicability in Modern Corporate World: A Comprehensive Analysis

Abstract

The Arthashastra, an ancient Indian treatise on statecraft, economics, and political strategy, is a seminal work attributed to Kautilya, also known as Chanakya. Written around 300 BCE, it is a treasure trove of wisdom on governance, administration, and economic management. While the text is rooted in ancient Indian polity, its principles and strategies remain remarkably relevant in contemporary business contexts. This paper explores the applicability of the Arthashastra in modern businesses, corporate world focusing on governance, leadership, human resource management, risk assessment, and marketing strategies. By analyzing key concepts from the Arthashastra and their alignment with modern business practices, this paper demonstrates how ancient wisdom can inform and enhance contemporary corporate strategies.