Jesuit Business Education Model: In Search of a New Role for the Firm Based on Sustainability and Dignity

Jesuit Universities have been training responsible professionals since the 16th century. Given this educational tradition, and in the face of the new challenges posed by the present-day social and economic situation, the Society of Jesus has started to implement the "Ledesma-Kol-venbach" e...

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Autores principales:	Aguado,Ricardo, Alcañiz,Leire, Retolaza,José Luis, Albareda,Laura
Lenguaje:	English
Publicado:	Universidad Alberto Hurtado. Facultad de Economía y Negocios 2016
Materias:	Ledesma-Kolvenbach model social value monetization humanistic management Jesuit business education
Acceso en línea:	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242016000100003
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spelling	oai:scielo:S0718-272420160001000032017-09-25Jesuit Business Education Model: In Search of a New Role for the Firm Based on Sustainability and DignityAguado,RicardoAlcañiz,LeireRetolaza,José LuisAlbareda,Laura Ledesma-Kolvenbach model social value monetization humanistic management Jesuit business education Jesuit Universities have been training responsible professionals since the 16th century. Given this educational tradition, and in the face of the new challenges posed by the present-day social and economic situation, the Society of Jesus has started to implement the "Ledesma-Kol-venbach" educational paradigm in its higher education institutions. Instead of short-term profit maximization, the Ledesma-Kolvenbach model considers sustainability, human dignity and social well-being as key elements in business strategies. The objective of this paper is to propose a method capable of measuring the economic and social value generated by a firm managed in accordance with the four dimensions of the Ledes-ma-Kolvenbach model. The methodology is developed in three steps. In the first place, the authors explore the existing literature on the Ledes-ma-Kolvenbach model and its roots in Jesuit education. Secondly, they analyze the literature that studies the role of the firm from a neoclassical perspective, as well as other complementary or alternative approaches. In the third place, they present an empirical model that has already been tested in different organizations, designed to measure the social and economic value generated by firms. The main result of the paper is a method that can be used to measure the social and the economic value generated by firms, such that society, managers and public administrations have an operational tool to present and evaluate the economic and social performance of firms.info:eu-repo/semantics/openAccessUniversidad Alberto Hurtado. Facultad de Economía y NegociosJournal of technology management & innovation v.11 n.1 20162016-01-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242016000100003en10.4067/S0718-27242016000100003
institution	Scielo Chile
collection	Scielo Chile
language	English
topic	Ledesma-Kolvenbach model social value monetization humanistic management Jesuit business education
spellingShingle	Ledesma-Kolvenbach model social value monetization humanistic management Jesuit business education Aguado,Ricardo Alcañiz,Leire Retolaza,José Luis Albareda,Laura Jesuit Business Education Model: In Search of a New Role for the Firm Based on Sustainability and Dignity
description	Jesuit Universities have been training responsible professionals since the 16th century. Given this educational tradition, and in the face of the new challenges posed by the present-day social and economic situation, the Society of Jesus has started to implement the "Ledesma-Kol-venbach" educational paradigm in its higher education institutions. Instead of short-term profit maximization, the Ledesma-Kolvenbach model considers sustainability, human dignity and social well-being as key elements in business strategies. The objective of this paper is to propose a method capable of measuring the economic and social value generated by a firm managed in accordance with the four dimensions of the Ledes-ma-Kolvenbach model. The methodology is developed in three steps. In the first place, the authors explore the existing literature on the Ledes-ma-Kolvenbach model and its roots in Jesuit education. Secondly, they analyze the literature that studies the role of the firm from a neoclassical perspective, as well as other complementary or alternative approaches. In the third place, they present an empirical model that has already been tested in different organizations, designed to measure the social and economic value generated by firms. The main result of the paper is a method that can be used to measure the social and the economic value generated by firms, such that society, managers and public administrations have an operational tool to present and evaluate the economic and social performance of firms.
author	Aguado,Ricardo Alcañiz,Leire Retolaza,José Luis Albareda,Laura
author_facet	Aguado,Ricardo Alcañiz,Leire Retolaza,José Luis Albareda,Laura
author_sort	Aguado,Ricardo
title	Jesuit Business Education Model: In Search of a New Role for the Firm Based on Sustainability and Dignity
title_short	Jesuit Business Education Model: In Search of a New Role for the Firm Based on Sustainability and Dignity
title_full	Jesuit Business Education Model: In Search of a New Role for the Firm Based on Sustainability and Dignity
title_fullStr	Jesuit Business Education Model: In Search of a New Role for the Firm Based on Sustainability and Dignity
title_full_unstemmed	Jesuit Business Education Model: In Search of a New Role for the Firm Based on Sustainability and Dignity
title_sort	jesuit business education model: in search of a new role for the firm based on sustainability and dignity
publisher	Universidad Alberto Hurtado. Facultad de Economía y Negocios
publishDate	2016
url	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242016000100003
work_keys_str_mv	AT aguadoricardo jesuitbusinesseducationmodelinsearchofanewroleforthefirmbasedonsustainabilityanddignity AT alcanizleire jesuitbusinesseducationmodelinsearchofanewroleforthefirmbasedonsustainabilityanddignity AT retolazajoseluis jesuitbusinesseducationmodelinsearchofanewroleforthefirmbasedonsustainabilityanddignity AT albaredalaura jesuitbusinesseducationmodelinsearchofanewroleforthefirmbasedonsustainabilityanddignity
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Jesuit Business Education Model: In Search of a New Role for the Firm Based on Sustainability and Dignity

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