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18 - Promoting Sustainability in Business and Management Education

from Part III - Normative and Utility Perspectives

Published online by Cambridge University Press:  18 December 2019

By
Ijeoma Nwagwu ,
Chris Ogbechie  and
Franklin N. Ngwu
Edited by
Onyeka Osuji ,
Franklin N. Ngwu  and
Dima Jamali
Onyeka Osuji
Affiliation:
University of Essex
Franklin N. Ngwu
Affiliation:
Pan-Atlantic University, Nigeria
Dima Jamali
Affiliation:
American University of Beirut
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Summary

The chapter acknowledges a broad consensus following the recession of 2008 that ethically challenging practices have permeated the world of today’s businesses. Not only are the developing and emerging economies suffering from unethical corporate practices, they are also plagued by poor leadership. They also note that, in many cases, business leaders and entrepreneurs fail to understand their discretionary responsibilities to care for the ecosystem on which lives and businesses depend in enjoying the fruits of the free market and taking advantage of weak governance mechanisms and poor leadership, especially in the developing and emerging economies. The authors argue that the tenets of sustainability, which emphasizes the purpose of business as economic advancement coupled with concerns for socio-environmental well-being, offers some direction towards filling the ethical gap in management education to ensure sustainable development in the emerging economies. The chapter therefore examines how sustainability education can be more deliberately advanced in business and management education institutions in the emerging and developing countries.

Keywords

Business SchoolsCorporate LeadershipGovernanceDeveloping CountriesEmerging EconomiesEthicsManagement EducationSustainabilitySustainable Development
Type
Chapter
Information
Corporate Social Responsibility in Developing and Emerging Markets
Institutions, Actors and Sustainable Development
 , pp. 348 - 364
Publisher: Cambridge University Press
Print publication year: 2019

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