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Service-Learning and Leadership: Evidence from Teaching Financial Literacy

Author

Listed:
  • Omid Sabbaghi
  • Gerald Cavanagh S. J.
  • Tim Hipskind S. J.

Abstract

We provide an empirical investigation of leadership characteristics and social justice issues in the context of financial literacy service-learning. Using a unique dataset of student self-ratings, we find that students experience statistically significant increases in 8 of the 10 leadership dimensions and 7 of the 7 social justice issues examined in this study. Leadership dimensions include: persuasion, building community, “commitment to the growth of people,” stewardship, empathy, awareness, foresight, and listening. Interest in social justice issues include: dignity of the human person, community and the common good, rights and responsibilities, option for the poor, dignity of work, solidarity, and care for God’s creation. The statistically significant increases in these dimensions following the completion of the service-learning suggest positive effects on students’ self-perception of leadership qualities and interests in social justice issues: business school students sense improvement in nurturing growth of employees and colleagues, commitment to serving the need of others, understanding and empathizing with others, ethics, ability to foresee the likely outcome of a situation, and listening intently to others. As a consequence of the financial literacy service-learning, we believe that business students become more prepared toward becoming ethical leaders and citizens with compassion to serve the world for the well-being of all people, rich and poor alike. Copyright Springer Science+Business Media Dordrecht 2013

Suggested Citation

  • Omid Sabbaghi & Gerald Cavanagh S. J. & Tim Hipskind S. J., 2013. "Service-Learning and Leadership: Evidence from Teaching Financial Literacy," Journal of Business Ethics, Springer, vol. 118(1), pages 127-137, November.
    • Handle: RePEc:kap:jbuset:v:118:y:2013:i:1:p:127-137
    DOI: 10.1007/s10551-012-1545-6
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    References listed on IDEAS

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    1. Deborah Poff, 2010. "Ethical Leadership and Global Citizenship: Considerations for a Just and Sustainable Future," Journal of Business Ethics, Springer, vol. 93(1), pages 9-14, June.
    2. Nelarine Cornelius & James Wallace & Rana Tassabehji, 2007. "An Analysis of Corporate Social Responsibility, Corporate Identity and Ethics Teaching in Business Schools," Journal of Business Ethics, Springer, vol. 76(1), pages 117-135, November.
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    Cited by:

    1. Royer Dan W. & Mcatee Olga, 2021. "Activating Large Lecture Financial Learning: Collaboration and Clickers During Covid-19," HOLISTICA – Journal of Business and Public Administration, Sciendo, vol. 12(2), pages 49-63, August.
    2. Jantje Halberstadt & Christoph Schank & Mark Euler & Rainer Harms, 2019. "Learning Sustainability Entrepreneurship by Doing: Providing a Lecturer-Oriented Service Learning Framework," Sustainability, MDPI, vol. 11(5), pages 1-22, February.
    3. Almudena Martínez-Campillo & María del Pilar Sierra-Fernández & Yolanda Fernández-Santos, 2019. "Service-Learning for Sustainability Entrepreneurship in Rural Areas: What Is Its Global Impact on Business University Students?," Sustainability, MDPI, vol. 11(19), pages 1-21, September.
    4. Birochi, Renê & Pozzebon, Marlei, 2016. "Aprimorando a inclusão financeira: rumo a um quadro teórico de educação financeira crítica," RAE - Revista de Administração de Empresas, FGV-EAESP Escola de Administração de Empresas de São Paulo (Brazil), vol. 56(3), May.
    5. Joan Marques, 2016. "Shaping Morally Responsible Leaders: Infusing Civic Engagement into Business Ethics Courses," Journal of Business Ethics, Springer, vol. 135(2), pages 279-291, May.

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