Abstract
Current corporations are subject to stringent requirements in terms of sustainable development; however, a relevant problem is highlighted on the basis of the studies conducted. On the one hand, corporations experience greater or lesser pressure, while on the other hand, it must be admitted that the problem of demand for professionals, which is presupposed by the insufficient quality of training in higher education institutions, is important. This is somewhat strange given that the issues of business ethics, corporate social responsibility, and sustainability have attracted increased attention in management education in recent years, and a five-fold increase in the number of stand-alone ethics courses has been noted since 1988. This interaction could contribute to the development of CSR, however a certain dissonance of cooperation between higher education and business exists, as there is a lack of leadership in this area in the study programs of business administration approved by the states, as well as in higher education institutions. Given these facts, the goal of the paper is to analyze the Master of Business Administration programs in North America, Europe, Asia, and Australia to offer direction to the challenge of integrating corporate social responsibility (CSR) into management and training. The method of analysis of professional business and administration training program content in terms of the integration of CSR was used during the survey. Using panel data of 28 full-time MBA programs, our findings show that that the core parts of MBAs under analysis merely—and mostly indirectly—cover CSR issues through one core course on business ethics. However, the leading MBA programs are currently missing an opportunity by ignoring their responsibility to support the training of CSR-minded future business administration professionals. The results of our research may act as a guide to which areas should be modified and/or changed.
Highlights
There have been numerous changes in the sphere of modern business operations
The results of the analysis revealed that Masters of Business Administration (MBA) with the largest number of elective corporate social responsibility (CSR) courses are provided by higher education institutions in North America, where an average of 8.5 courses among all electives are CSR courses, with the highest such number of elective CSR courses 17 and the lowest zero
A discussion on the integration of CSR into the education of the future leaders of the business world and decision-making professionals starts from the question: are CSR issues covered and integrated into leading MBAs? If the answer is yes, what is the scope of that integration? If the answer is no, what could be the consequences of ignoring CSR issues in MBAs? The research question is followed by the formulation of two opposite hypotheses at the beginning of the research: one (H1) which states that CSR is integrated into professional business and administration training, and another (H2) that CSR is not integrated into professional business and administration training
Summary
There have been numerous changes in the sphere of modern business operations. Globalization, accompanied by rapid technological changes, has given rise to a completely new business environment. Under these new circumstances, the development of a modern company is determined by the effective use of resources and the application of appropriate strategies, and by taking into account the concept of corporate social responsibility [1]. Attention is paid to the fact that the implementation of CSR should be oriented not towards charity, marketing, and public relations, but should first and foremost be understood as social responsibility towards stakeholders [8]. As with a litmus paper, this indicates that CSR ideas in the latter societies are still not sufficiently relevant to cause business enterprises to respond more actively to them. In terms of the number of active members, the trend is towards a decrease
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