JUST GOOD BUSINESS NEWS: New Leaders Favour CSR

While most MBA students think the private sector should be using its position to address environmental and social issues, less than third believe this is happening.
That’s the result of US study, “New Leaders, New Perspectives” (www.netimpact.org which surveyed 1850 graduate business students representing 80 programmes. It found that 90 percent of them blame focus in business on short-term thinking rather than long-term results as contributing to the current financial crisis; 88 percent believe the business sector should play role in addressing social and environmental issues; 77 percent think being responsible contributes to corporate profits; and just 31 percent think corporations are working toward the betterment of society. The majority (78 percent) think the graduate business curriculum at their schools should include more content related to sustainability and corporate responsibility. The research was conducted by Net Impact with the Aspen Institute Centre for Business Education in November 2008 and the results were released last month.

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