Scholarlink

<p>Business education has experienced a significant surge in popularity over the past few decades, with an increasing number of students pursuing degrees in business and management. However, this rise has not been without criticism. Many have argued that business education exacerbated social and environmental issues by focusing on shareholder value maximization and short-term financial performance. Paradoxically, this criticism appears under unclear educational efficiency, declining study intensity, and grade inflation (not only) at the business schools. In response to the criticisms of their shortcomings, business schools have begun incorporating Environmental, Social, and Governance (ESG) values into their curricula to try to develop responsible and ethical business leaders. Despite the promising intentions behind this shift, we argue that the impact of education on students’ values may be limited. The current efforts to rebrand business schools may encourage students to engage in virtue signaling rather than foster genuine changes in values, thus creating superficial commitments to sustainability.</p>

错误：搜索内容不能为空，请输入英文关键词
错误：关键词超出字数限制，请精简
高级检索

The Rise of Business Education, the ESG Revolution, and the Limited Impact on Students’ Values

  • 期刊论文

  • 发表日期：

    2025年4月7日

查看全文
  • Klára Vítečková,
  • Petr Houdek

摘要

Business education has experienced a significant surge in popularity over the past few decades, with an increasing number of students pursuing degrees in business and management. However, this rise has not been without criticism. Many have argued that business education exacerbated social and environmental issues by focusing on shareholder value maximization and short-term financial performance. Paradoxically, this criticism appears under unclear educational efficiency, declining study intensity, and grade inflation (not only) at the business schools. In response to the criticisms of their shortcomings, business schools have begun incorporating Environmental, Social, and Governance (ESG) values into their curricula to try to develop responsible and ethical business leaders. Despite the promising intentions behind this shift, we argue that the impact of education on students’ values may be limited. The current efforts to rebrand business schools may encourage students to engage in virtue signaling rather than foster genuine changes in values, thus creating superficial commitments to sustainability.