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CSR AND ETHICAL FINANCE: A FOCUS ON THE INDIAN KNOWLEDGE SYSTEM (IKS)

Author Information
Name: Priya Arora
Country: India
Publication Details
Year: 2025
Volume: Volume-10, Issue-2 (July-December)
Page Number: 180-182
DOI: https://doi.org/10.5281/zenodo.18137194
Abstract
ABSTRACT
The Indian Knowledge System (IKS) represents a comprehensive framework of philosophical, ethical, cultural, and socio-economic principles that have evolved over centuries in India. Core concepts such as Dharma (righteous conduct), Seva (selfless service), and Ahimsa (non-violence) provide a strong moral foundation for responsible business practices. This paper examines how Indian Knowledge Systems support Corporate Social Responsibility (CSR) and ethical finance by encouraging sustainable decision-making, transparency, and the triple bottom line approach. The study analyses the CSR initiatives of Reliance Industries Limited to demonstrate the practical application of IKS principles in contemporary corporate governance. So, an organization needs to align traditional IKS with modern technology and innovation in order to promote integrity and work ethically. In this research paper, focus is on Reliance Industries which used IKS based CSR strategies and Ethical Financing for their companies to make a long-term survival and growth.

Keywords: Indian Knowledge System, Corporate Social Responsibility, Ethical Finance,
Dharma, Seva, Ahimsa
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