Bundaleska, Elena and Dimitrova, Makedonka (2011): The business case for corporate social responsibility in education.
Download (93kB) | Preview
In the dynamic global marketplace, understanding the fundamental connections between business, the environment, and society has become essential. The roles and responsibilities of business, as a global force, are becoming more complex, and concepts related to societal responsibility and sustainability are gaining recognition as essential elements in business management. Increasing complexity requires new approaches. Companies need integrative management tools that help incorporate environmental, social, and governance concerns into their strategic thinking and daily operations. They require talented and ethical leaders to do so. That is why companies need the help of the academia. By being involved in the education of current and future managers, academic institutions most directly act as drivers of business behavior. They help shape the attitudes and behavior of business leaders. Through different means, academic institutions have the potential to generate a wave of positive change, thereby helping to ensure a world where both businesses and societies can flourish. However, there is much more that can be done by the academic institutions. This Paper will try to identify and evaluate the actions, methods, means that may be employed by the academic institutions to support and promote social responsibility. The Paper will discuss the Global Compact Principles of Responsible Management Education, as well as other relevant principles or recommendations, and possibly suggest new directions and aspects of improvement. Due to the fact that businesses by definition are profit driven, considering the academic institutions merely from a business perspective, the Paper will also touch upon the question: Do academic institutions have the business case for being socially responsible?
|Item Type:||MPRA Paper|
|Original Title:||The business case for corporate social responsibility in education|
|English Title:||The business case for corporate social responsibility in education|
|Keywords:||Corporate social responsibility, responsible education, academic institutions|
|Subjects:||I - Health, Education, and Welfare > I2 - Education and Research Institutions > I29 - Other
M - Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics > M1 - Business Administration > M14 - Corporate Culture ; Diversity ; Social Responsibility
|Depositing User:||Elena Bundaleska|
|Date Deposited:||20 Oct 2012 00:15|
|Last Modified:||14 Sep 2016 14:05|
1. Alcaraz, J.M., & E. Thiruvattal (2010). 'An Interview With Manuel Escudero: The United Nations' Principles for Responsible Management Education: A Global Call for Sustainability.' Academy Of Management Learning & Education 9(3): 542-550. Business Source Complete, EBSCOhost. Available at http://web.ebscohost.com/ehost/pdfviewer/pdfviewer?sid=6b22eacc-eff0-4a94-a044-115f038be0eb%40sessionmgr112&vid=5&hid=113 [16 November 2011].
2. Blanding, M. (2011). 'Corporate Sustainability Reporting: It's Effective.' Harvard Business School Working Knowledge, May 23, 2011. Available at http://hbswk.hbs.edu/pdf/item/6701.pdf [10 November 2011].
3. Blumenstyk, G. (2000). How for-profit institutions chase community college students. Chronicle of Higher Education. December 8, 2000.
4. Center for Education on Social Responsibility. About Us. Available at http://leeds.colorado.edu/cesr#about [15 October 2011].
5. DuBois, J.M. & J.M. Dueker (2009). 'Teaching and Assessing the Responsible Conduct of Research: A Delphi Consensus Panel Report.' Journal of Research Administration 40(1): 49-70. Business Source Complete, EBSCOhost. [10 November 2011].
6. Eccles, R.G. & G. Serafeim (2011). 'Leading and Lagging Countries in Contributing to a Sustainable Society.' Harvard Business School Working Knowledge, May 23, 2011. Available at http://hbswk.hbs.edu/pdf/item/6716.pdf [10 November 2011].
7. European Commission (2011). A renewed EU strategy 2011-14 for Corporate Social Responsibility. Communication from the Commission to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions, 25 October 2011. Brussels: Commission of the European Union. Available at http://ec.europa.eu/enterprise/newsroom/cf/_getdocument.cfm?doc_id=7010 [20 October 2011].
8. Harvard Business School. Executive Education Course: Corporate Social Responsibility Strategies to Create Business and Social Value. Available at http://www.exed.hbs.edu/programs/csr/Pages/curriculum.aspx [1 November 2011].
9. Hurst, N.E. (2004). 'Corporate Ethics, Governance and Social Responsibility: Comparing European Business Practices to those in the United States.' Santa Clara University. Available at http://www.scu.edu/ethics/publications/submitted/hurst/comparitive_study.pdf [10 October 2011].
10. Leerberg, M., V. Riisberg & J. Boutrup (2010). 'Design responsibility and sustainable design as reflective practice: an educational challenge.' Sustainable Development 18(5): 306-317. Business Source Complete, EBSCOhost. Available at http://web.ebscohost.com/ehost/pdfviewer/pdfviewer?sid=6b22eacc-eff0-4a94-a044-115f038be0eb%40sessionmgr112&vid=7&hid=10 [25 October 2011].
11. United Nations (1987). Our Common Future, Chapter 2: Towards Sustainable Development. Our Common Future: Report of the World Commission on Environment and Development. United Nations Document A/42/427 ('The Brundtland Report'). Available at http://www.un-documents.net/ocf-02.htm [16 November 2011].
12. United Nations Global Compact (2007). The Principles for Responsible Management Education (2007). New York City: United Nations Global Compact. Available at http://www.unprme.org/resource-docs/PRME.pdf [10 November 2011].
13. United Nations Global Compact. About the UN Global Compact. Available at http://www.globalcompactfoundation.org/about-ungc.php [5 November 2011].
14. UNPRME. (2008). Outcome Statement of the 1st Global Forum for Responsible Management Education (2008). New York City: December 5-6, 2008.