Attention is given to the role of ethical accounting practices in businesses and non-profit organizations.
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The Carroll School of Management at Boston College possesses a unique combination of resources and assets positioning it at the forefront of the emerging emphasis on corporate citizenship and business involvement in social issues. These resources include:
I. An MBA Curriculum which integrates social and environmental issues into a number of disciplines. This curriculum includes: Managing in a Changing World (an MBA capstone course required since the early 1970s), Social Issues in Management, an elective course, and consulting projects in the community (in place since the late 1970s), of which several each year are focused on social enterprises. A new addition this year: a Community Service Requirement for all MBA students which provides students the opportunity to contribute 20 hours of service to the community. Students may choose to serve as mentors, role models, and academic tutors to children in surrounding communities, or provide pro bono consulting or other professional services to benefit a range of nonprofit organizations and off-campus programs.
II. Two School Centers dedicated to drawing business leaders' and students' attention to the importance of the corporation in society. 1) The Center for Corporate Citizenship: an organization that provides global thinking and leadership in establishing corporate citizenship as a business essential. The Center aims to develop the leadership capacity of its 300+ corporate members by providing education, training, research and consulting on corporate citizenship issues. Additionally, the Center closely collaborates with the MBA student community, providing research assistant and internship positions and sponsoring an annual Best MBA Paper Competition. 2) The Center for Work and Family: a research unit that aims to enhance the quality of life of today's workforce by providing leadership for the integration of work and life, an essential for business and community success.
III. The Leadership for Change Program, a unique leadership development program that uses a multiple-bottom lines approach, action-learning pedagogy, and reflective practice to develop responsible leaders focused on profitability and the common good.
IV. Extensive Faculty Research on corporate citizenship. Our faculty is engaged in leading and extensive research and brings expertise on a range of issues including corporate responsibility, ethics, corruption, diversity, restructuring, responsible leadership, financial ethics, computer ethics, responsible marketing, and corporate governance. For instance, Endowed Chair, James Gips, develops communicative technologies for people with profound disabilities, Richard Nielson works in global ethics, and Kay Lemon in social marketing. Sandra Waddock and Samuel Graves create the 100 Best Corporate Citizen ranking published by Business Ethics magazine.
V. The Journal of Corporate Citizenship, an academic publication with practical applications, discusses issues related to global corporate citizenship and is edited by Professor Sandra Waddock. The Journal is housed and supported by The Center for Corporate Citizenship and the Carroll School of Management.
VI. Speakers and Lecture Series are held regularly to facilitate student and faculty understanding of interrelationships between business and social/environmental issues.
VII. Extra-curricular MBA activities such as the Invest-In Kids Program (a tutor-mentor program for inner city children), Net Impact, an annual 5K road race, and annual food/toiletry drive for a number of worthy causes.
Energy - Boston College has been actively greening its campus by reducing energy use, emissions, and costs. Since 2003, projects such as switching to energy efficient lighting and installing retrofits and new heat pumps have saved over seven million kilowatt hours.
Water - Boston College has taken a number of measures to reduce water consumption on campus. Additionally, there are many simple steps you, as an individual, can take to preserve the world’s water supply.
Transportation - Members of the Boston College community can easily and efficiently commute to or from campus, or travel the city by using alternative methods of transportation.
BC Dining - Boston College Dining Services administration places a high priority on sustainability and has made great strides to integrate sustainable efforts of local vendors, manufacturers and products into the department and university systems.
Academic & Research - Boston College’s leading faculty and students are making strides in sustainability research, and receiving renowned recognition for their efforts.
Recycling - Recycling is the easiest and most effective way to act in an eco-friendly manner. Boston College has made it even easier for you by providing the proper waste receptacles in popular areas around campus.
Information Technology - Although advances in technology facilitate daily functions, computers and other informational technology are an enormous strain on the environment. The Information Technology Services (ITS) at Boston College are mitigating these effects by replacing outdated equipment, and preventing further harm by instituting energy saving standards for new purchases.
Nature - Boston College actively searches for new ways to reduce its impact on the environment while simultaneously supporting green practices.
Future Plans - Boston College is always looking for ways to strengthen its role as a leader in environmental stewardship. Sustainability factors are considered at every stage of development as the university advances into the twenty-first century.
Attention is given to the role of ethical accounting practices in businesses and non-profit organizations.
A survey of political, economic, physical, legal, cultural, and religious influences that affect the ability of foreign corporations to do business in Africa. North-South dialogue, development questions, nationalization, strategic concerns, economic treaties, and import-export regulations will be examined.
The discussion of microeconomics includes discussion of market externalities (e.g. pollution).
The microeconomics portion of the course includes discussion of price fixing, price discrimination, taxes, and the societal effects of variant market structure (e.g., deadweight loss and societal welfare). We conclude our microeconomics treatment with maximization of total net social benefit. The macroeconomics portion of the course includes discussion of the determinants of inflation, unemployment, interest rates, productivity, growth, standards of living, etc. We note as well, the interaction and differences between economic, social and political systems.
This course focuses on the critical factors for building competitive environmental strategies for business in the areas of green innovation and eco-efficiency. With the fast changing regulatory landscape, consumer preferences and customer demand, it is becoming critical for executives to better understand and manage environmental issues facing business today.
Course included discussions about the ethical issues related to information technology - at what point should managers draw the line in customer data collection or in prescreening employees? When does technology become too intrusive?
Approximately half the class is dedicated to teaching students about corporate social responsibilities and its significant role in corporate strategy. Students created a CSR business plan for Verizon Wireless. Student's worked in groups to create CSR initiatives and made formal presentations to Verizon's Director of CSR.
This course introduces the student to the legal system and the social, legal, and regulatory environment of business; as well as to ethical decision making relating to law and business. Antitrust law, securities regulation, environmental law, employment, and labor law, international business, and intellectual property rights are examined. This course includes an examination of the substantive law of contracts from formation requirements to remedies for breach of contract.
This course focuses on the analysis and diagnosis of organizational problems, including dedicated lectures on ethics and corporate and professional integrity. It attempts to enable students to apply these concepts to real organizational and managerial problems. Finally, students can examine their own behavior and beliefs about organizations to compare, contrast, and integrate them with the theories and observations of others.
Several classes featured social impact components. One class discussion focused on the trend and ethical implications of marketing products to adolescent girls and boys. In the TiVo case, discussions focused on the effect of television viewing habits (in the U.S.) on culture and society.
This workshop was designed to help students navigate their career and life to achieve success in both areas. During the two-day session, participants completed a broad range of self-assessment activities, explored the changing nature of work, and developed career strategies that incorporate their values and priorities in both their work and personal lives.
This program explored the key elements of successful volunteer program planning and provided participants with a clear understanding of how such programs are structured to support business strategy. Participants were introduced to a step-by-step program planning model - a model which can be applied across a variety of community involvement programs.
Ecopledge, a rapidly expanding student organized club, is the center for student initiatives on sustainability. Emerging groups include Sustain BC and the Environmental Law Society as part of the Boston College Law School. Raising awareness about critical issues is one of the clubs’ principal goals, as well as taking active steps to overcome these issues and unite students for the cause. Statements from club members and past events held by the clubs demonstrate the proactive attitude of Boston College students.
This speaking series recognizes individuals who have made important contributions as ethical leaders in their fields and calls upon them to share what they have learned on their journey to becoming leaders through symposia, conferences and public events.
Sustain BC is a student/faculty committee dedicated to promoting greater actions towards sustainability on campus. The organization is a great opportunity to for students to collaborate with administrators and faculty interested in the environment at Boston College. This committee helps sponsor events and uses their leadership role to enact real change towards sustainability at Boston College. Its members have developed a Green Course Checklist and a Green Checklist for Sustainable Events in order to outline simple and effective ways to put sustainable practices into action across campus.
Thompson Island is a not-for-profit organization whose primary purpose is to provide adventurous and challenging experiential learning programs that inspire character development, compassion, community service, environmental responsibility and academic achievement. The Carroll School chooses to support this part of the Boston Harbor Islands National Park Area on an annual basis by incorporating a full day of its orientation activity there.
Each spring Leadership for Change recruits a learning community of participants who integrate responsible and accountable leadership skills into their workplace. Each cohort of twenty-five working professionals meets for eleven monthly learning modules, workshops, and team meetings starting in September. Participants of Leadership for Change represent several levels of management and different sectors of business and society that include race, ethnicity, culture, age and gender. Such diversity and collaboration of experiences and skills create a microcosm of society and a strong learning community. Participants enhance their personal skills, gain diverse perspectives and experience collaborative leadership for the common good. They learn through each other as well as from faculty members who facilitate discussions, assignments, and activities that illustrate collaborative and responsible leadership practices. Leadership for Change engages accomplished faculty from the Boston College Carroll School of Management and the Department of Sociology; Harvard Graduate School of Education and The Work and Learning Center at Northeastern University with business practitioners from the greater Boston area. All are engaged with the participants as members of the learning community. As a result, learning occurs from the individual, group, organizational, and societal perspectives. The Leadership for Change learning community models inclusion, empowerment and collaboration and encourages innovative solutions. These applied solutions or work-based projects empower individual learning and benefit both the organization and its stakeholders. With this partnership between business, education, and participants, each cohort develops a distinctly different experience based on research, innovative practices, participant feedback and external factors such as corporate governance, political shifts and environmental issues.
Real Food BC is a student group on campus that strives for the establishment of a more sustainable food system. It was started as a part of the nation-wide Real Food Challenge. The goal of Real Food BC is to promote the purchasing of food from local, green, humane sources in order to support localized food production and reduce carbon emissions that result from long distance food shipments. BC Dining services have taken the initial steps towards more sustainable food procurement and created Addie's Loft, an organic eatery that offers food from local, sustainable sources in collaboration with Real Food BC. Addie's offers delicious artisan fare as well as photos and posters that provide insight into the sustainable food system. Real Food BC also focuses on raising student awareness about the major impact of their food choices. One of Real Food BC's proudest accomplishments is the Boston College Community Garden, an organic garden on BC's Brighton campus created in the spring of 2008.
The Chambers Lecture Series brings high-profile speakers to campus for public programs and student-focused activities. The Chambers Lecture Series offers perspectives and guidance designed to shape ethical leaders of the future.
The Winston Center was established in 2006 with the dual mission of conducting compelling research of interest and use to scholars and practitioners and offering programs that engage scholars, executives, and students in an intellectual exploration of leadership and ethics in business and society. The center’s organizational structure reflects its dual mission.
For our research, we have an orientation to studying leadership and ethics that is rich and expansive. We draw from a variety of intellectual orientations, such as the humanities, social sciences, and physical sciences to examine the organizational and social contexts, relationships, and dilemmas in which leadership occurs and the role that ethics plays. Our approach is not simply about leaders having the right ethics but about how leaders act in situations that challenge those ethics.
Two flagship speaking forums, the Clough Colloquium and the Chambers Lecture Series highlight our programmatic offerings. David McCullough launched the Clough with an historical perspective on the leadership of the Founders and Colonel Eileen Collins identified the leadership challenges she faced in becoming NASA’s first female commander of the Space Shuttle in a recent Chambers Lecture. We also offer a range of other programs, from symposia to film and lecture series, with the intent of touching many facets of the university community. We’re active in seeking out collaborators from across the university and we are devoting significant resources to enhancing undergraduate student leadership development. In the future, we hope that many of our programs, whether in text, audio or video, will be available on the site.
The goals of the Center for Retirement Research are to promote research on retirement issues, to transmit new findings to a broad audience, to help train new scholars, and to expand access to valuable data resources.
The center provides decision makers in the public and private sectors with critical information to better understand the issues facing an aging population. The center’s research program spans the four main areas that affect a household's retirement income: Social Security, employer-sponsored pension plans, household saving, and labor market trends among older workers.
The center’s work also goes beyond economics. They seek to understand the human behavior behind individuals' decisions so that we can focus on solutions that work in practice, not just in theory.
Since its inception in 1998, the center has established a reputation as an authoritative source of information on all major aspects of the retirement debate.
The Center for Corporate Citizenship at Boston College, founded in 1985, provides leadership in establishing corporate citizenship as a business essential, so that all companies are able to act as economic and social assets to the communities they impact. The center functions as an educational institution, a think tank, a consulting firm, and an information resource all in one place, and all focused on fundamentally and measurably improving your ability to build and leverage citizenship efforts.
Since its founding in 1990, Boston College Center for Work & Family (CWF) has been a national leader in helping organizations create effective workplaces that support and develop healthy and productive employees. We provide a bridge linking the academic community to leaders in employment settings who are committed to promoting workforce effectiveness. We are fortunate to count many of the world's most progressive companies in the work/life arena as our members.
We are pleased to be an important part of the Carroll School of Management and Boston College, which are consistently ranked among the top 35 business schools and universities in the United States. More importantly, Boston College provides an environment that promotes both scholarly thinking and a commitment to social action, an ideal combination for the focus of our important work.
Net Impact is a group of full and part-time graduate students collaborating to learn more about aligning business strategy with societal and environmental objectives. As CGSOM's chapter of Net Impact's national organization, the group promotes a full spectrum of progressive business practices, hosting speakers on campus, attending the national Net Impact Conference and generally helping students to expand their vision of the role of business in society.
Invest 'N Kids is an on-campus tutoring and mentoring program run by Boston College MBA students for Brookline middle school students from disadvantaged homes. BC MBA tutors and students meet one-on-one for 8-10 sessions per semester to work on a variety of academic subjects. The program serves to support and develop the students’ skills in math, reading, and science while exposing them to a college environment. Parents, teachers, and students have praised the program for its demonstrated success in developing students’ academic skills, social skills, and self-esteem. During each two-hour Thursday session, tutors spend one hour helping their student with homework. During the other hour, students learn about investing through a stock market game and about starting a small business through the Biz World program.
Boston College MBA students held one of the largest graduate program fundraisers in the nation - the BC MBA 5K Challenge. Proceeds benefited The Doug Flutie, Jr. Foundation for Autism, Inc. The race, held for more than a decade, brings graduate management students together from around the country in this fundraiser for the Flutie Foundation.