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The Social Responsibility of Business Regarding Education

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  • Hristina Blagoycheva

    (University of Economics - Varna, Varna, Bulgaria)

Abstract

In the context of globalization and accelerated digitalization, the corporate social responsibility is a powerful support factor in improving the education and competencies of the current and future workforce. On the one hand, this will bring social and economic benefits to staff in terms of their development and career. On the other hand, a highly educated and skilled workforce is a valuable asset for competitiveness, high productivity and economic growth. In addition, the involvement of the employers in curriculum development and partnerships with NGOs can contribute to higher efficiency of educational systems to the current needs of the modern business organizations. Therefore, this article seeks good examples and solutions of how the corporate social responsibility can be directed to achieving better educational results.

Suggested Citation

  • Hristina Blagoycheva, 2020. "The Social Responsibility of Business Regarding Education," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, vol. 9(2), pages 60-67, August.
  • Handle: RePEc:vra:journl:v:9:y:2020:i:2:p:60-67
    DOI: 10.36997/IJUSV-ESS/2020.9.2.60
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    References listed on IDEAS

    as
    1. Manuel Branco & Lúcia Rodrigues, 2006. "Corporate Social Responsibility and Resource-Based Perspectives," Journal of Business Ethics, Springer, vol. 69(2), pages 111-132, December.
    2. David McKenzie & Christopher Woodruff, 2014. "What Are We Learning from Business Training and Entrepreneurship Evaluations around the Developing World?," The World Bank Research Observer, World Bank, vol. 29(1), pages 48-82.
    3. Brekke, Kjell Arne & Nyborg, Karine, 2008. "Attracting responsible employees: Green production as labor market screening," Resource and Energy Economics, Elsevier, vol. 30(4), pages 509-526, December.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Andreeva, Andriyana & Dimitrova, Darina, 2021. "Договорът За Управление С Ректорите На Държавните Висши Училища [The management agreementwith the chancellor of the public higher education institutions]," MPRA Paper 110825, University Library of Munich, Germany.
    2. Dimitrova, Darina, 2021. "За Някои Основни Смислови Различия Между Терминологичните Понятия „Придобиване На Научни Степени“ И „Заемане На Академични Длъжности“ [For some main semantic differences between the terminological ," MPRA Paper 108881, University Library of Munich, Germany.
    3. Andreeva, Andriyana, 2021. "Приложение На Методите На Медиацията – От Висшето Образование До Пазара На Труда [Application of mediation methods – from higher education to the labor market]," MPRA Paper 109909, University Library of Munich, Germany.
    4. Andreeva, Andriyana & Serafimova, Desislava, 2022. "Mediation in Higher Education – Aspects of Application in Conditions of Digital Transformation," MPRA Paper 113417, University Library of Munich, Germany.
    5. Dimitrova, Darina, 2021. "Актове На Органите За Управление На Висшите Училища [Acts of the governing bodies of higher education institutions]," MPRA Paper 116816, University Library of Munich, Germany.
    6. Andreeva, Andriyana & Kuyumdjiev, Ivan & Dimitrova, Diana, 2022. "Дигиталните Административни Услуги, Предоставяни От Висшите Училища На Студентите – Предизвикателства И Добри Практики На Иу – Варна [Digital administrative services provided by higher education in," MPRA Paper 114456, University Library of Munich, Germany.
    7. Andreeva, Andriyana & Veneta, Ivanowa, 2022. "Изкуственият Интелект Във Висшето Образование – За Границите И Етичните Норми [The artificial intellect in the higher education – for the limits and the ethical norms]," MPRA Paper 111899, University Library of Munich, Germany.

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    More about this item

    Keywords

    education; corporate social responsibility; workforce; non-governmental organizations;
    All these keywords.

    JEL classification:

    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M53 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Training

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