News from the schools, October 2007
Oct 25th 2007
From Economist.com
Heart of the matter
A new study has found that only a few business schools are adopting principles of corporate social responsibility (CSR), even though most claim to be doing so. The biannual “Beyond Grey Pinstripes” survey conducted by the Aspen Institute, an organisation that promotes “enlightened leadership”, ranks schools on how well social and environmental issues are incorporated into their programmes.
Aspen found that while the principles of CSR are attracting more interest from students and deans alike, most curriculums confine the subject to discussions of non-profit management, social entrepreneurship and ethics. “What we are not seeing in most schools is an examination of these issues through the lens of risk-management and strategy and the realisation that mainstream, for-profit business can be a force for positive social and environmental change,” said Rich Lemsider, Aspen's director.
Stanford topped the ranking this year (in full here), as it did when the survey was last compiled, in 2005. It was praised for the number of relevant courses it offered, and for the freedom it allowed its faculty to explore social and environmental topics in their research. Eight of the top ten schools were in North America, with Michigan's Ross school, the Schulich school at York University, the University of California at Berkeley and Notre Dame rounding out the top five. Spain's Instituto de Empresa Business School was the top-ranked European school, in tenth place.
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