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The Role of Education in Promoting Corporate Social Responsibility

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The role of education in promoting corporate social responsibility by The unsustainable depletion of natural resources, perception of poor health and imposition of dangerous working conditions are just some of the worrying external costs imposed by International commercial operations. These costs are borne especially by developing countries that do not receive adequate compensation from companies responsible for social and environmental damage, Lithuania is not an exception. The essence of corporate social responsibility (CSR) policy function is to monitor businesses and ensure its active compliance with the spirit of the law, ethical standards, and international norms. The goal of CSR is to embrace responsibility for the company's actions and encourage a positive impact through its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere. Recently, highly active consideration of CSR issues has reached Lithuania. Our developed neighbors experience provides an opportunity to practice CSR activities and present arguments in favor and counter against. However CSR policy does not offer a "one size fits all" solution, and it‘s because each country with different culture and different levels of morale, actions and behavior in business sector also got own style and tendencies of doing business. Also it is way harder to change established norms of persons who are running their own businesses in the same way for a long period of time than teaching future entrepreneurs (students) to have a socially responsible mindset with decision-making, skills that look beyond short-term benefits and are more oriented in long-term perspective. That‘s why it is important to understand how huge role in future corporate social responsibility policy development and promoting are playing business schools.

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