Volume : 3, Issue : 11, NOV 2017

IMPACT OF MANAGEMENT EDUCATION ON VALUE ORIENTATIONS

PROF. V. PUSHPA SHETTY

Abstract

India, one of the largest countries in terms of population and demographic dividend coupled with rapid economic growth, any economic-socio-political change is likely to have global implications. With the ambitious plan to be a developed society by 2020, the immediate challenge ahead is not only a vibrant global economy driven by knowledge but also a new society and business environment where justice and human values prevail. With rising globalization and pressing ecological issues, the perception of the role of corporate in the broader societal context has altered to be socially responsible. Today, the stakeholders (employees, community, suppliers and shareholders) are redefining the role of corporate taking into account its broader responsibility towards society and environment, beyond economic performance. With this shift from economic to economic with social dimension, institutions and corporate sector is endorsing the term Corporate Social Responsibility (CSR) or corporate Social & Environmental Responsibility (CSER). With the fact that society and business are interlinked, the study is focused to elicit the impact of education on students’ value orientations who will shortly be forming the human capital or the workforce of different companies, public administration or heading start-ups’ whose personal and business decisions will have impact not only economically but also on societal wellbeing.

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