FOSTERING RESPONSIBLE MANAGEMENT AND ORGANIZATIONAL ETHICS THROUGH BUSINESS EDUCATION

Abstract

Business education empowers students to find quick solutions in the modern global and complex world when continuous changes are occurring. Future business leaders need to possess skills to identify solutions for ethical dilemmas they can face in the workplace. Business graduates need to understand the role of business in society and wider responsibilities towards all stakeholders. Business programs have to reflect the tendency to the increasing demand of professionals educated in corporate social responsibility (CSR), sustainability, and business ethics. As sustainability issues are at the center of attention around the globe, higher education institutions need to adapt their programs accordingly, and hence, offer business ethics and CSR courses. Since stakeholders’ requirements and preferences must be considered, universities are improving their programs constantly. Therefore, studies should be conducted to determine new approaches for effective teaching. The presented article overviews business education peculiarities, and discusses the importance of and approaches to teaching business ethics and CSR at business schools.