ESCP Europe

Langue

English

Publication year

01/11/2023

We analyzed how business schools in Latin America, Africa, and Asia internalized responsible management education. Nine hypotheses grounded in the relevant scholarly literature were tested. Data were analyzed using Multiple Correspondence Analysis. Results show that B-schools were subject to strong stakeholders' pressures: the higher those pressures, the deeper the internalization of RME. Most schools shunned a “built-in” approach, in favor of the inferior “bolt-on” alternative; RME integration in capstone courses and institutional transformation lagged. While prestigious schools did not seem keen to embrace RME, low and mid-prestige schools have made significant advances, presumably to create differentiation in a crowded market. B-schools’ transformation will require a combination of “push” (stakeholders) and “pull” (institutional actors). Society has a stake in this, as management students will eventually manage the world's most influential organizations. Future studies can investigate what is holding back the process and included stakeholders left out in this survey.