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Student attitudes to socially responsible business: The Royal Mint and its ethical sourcing policy   Dr Debbie Holley* with student co-authors Saranda Hajdari, Dianne Hummal, Tomasz Scibior London Metropolitan Business School
An exploration of student attitudes to ethics ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Press coverage on role of business schools “ It now seems a fundamental failure of business school ideology has been to focus on how companies can make the most money with minimal regard to social consequence”  Nair 2009 “ For too long, business schools have taken an either/or approach to teaching business ethics, opting for either a stand-alone course or an integrated model.  Krehmeyer  2009 Pre-credit crunch, the need for MBAs to be "ethical" as well as show you how to fast-track your career and make a load of cash was not that high on the agenda , concedes Stoddard 2010
Copper mine  Minera Escondida   http://www.mch.cl/noticias/imagenes/escondida1.jpg   BHP Billiton and Rio Tinto owned
Student Assessment brief ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Saranda Hajdari  ,[object Object],[object Object],[object Object],[object Object],http:// www.youtube.com/watch?v =qO3wRMaayMo
Dianne Hummal ,[object Object],[object Object],[object Object],http:// www.youtube.com/watch?v =1jI0aAgEWN8
Update on Dianne ,[object Object]
Tomasz Scibior ,[object Object],[object Object],[object Object],[object Object],http:// www.youtube.com/watch?v =_xFL7WsFIPY
Student attitudes: “ "Do we really care"? If it is true, what should we do? How to react? Being Business undergraduate student, it is my understanding that ethics perception should be inculcating not only through teaching or discipline.” (Scibior 2010) “ Although it is important that ethics should be taught more in undergraduate courses, if students do not have an ethical and moral compass, I very much doubt that a few modules at business school are going to make much of a difference. The rushing river of profit and greed creates a cultural flow so strong that ethics can be more challenging to navigate.”(Hadjari 2010) “ Most importantly, however, this course has made me observe the international business environment in a completely different light, and has made me think about whether a ‘win-win situation’ is ever possible in an international business context, where the organisations are involved in extremely complex supply chains.” (Hummal 2010)   http:// www.youtube.com/watch?v =_xFL7WsFIPY   http:// www.youtube.com/watch?v =qO3wRMaayMo   http:// www.youtube.com/watch?v =1jI0aAgEWN8
Background Information: Cohort analysis ,[object Object],[object Object]
Students and grades ,[object Object],[object Object],[object Object]
Did students answer the question set? High scoring students (grades A and B above) answered the question set.  It is interesting to note that this was only 27% of the cohort.  Very few addressed the question set and discussed both Chile and the Royal Mint and applied ethical considerations.  Poorer scoring answers (44%) these students tended to regurgitate what they read without using any structure to provide a valid answer .
The focus on Chile compared with Royal Mint On balance, more students focussed on Chile than completed their answer by referring back to the implications of ethics for the Royal Mint.  Papers 16 and 20 both focussed on the Royal Mint more closely than the focus on Chile, yet still scored very highly in terms of offering their own opinion and got high marks.  Student 27 had no section on ethics
Quality of referencing ,[object Object],[object Object],[object Object],Student 27 excellent references but didn’t answer the question on ethics Student 21 poor references and poor mark
Coursework findings: ,[object Object],[object Object],[object Object],[object Object]
References: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Corporate Social Responsibility

  • 1. Student attitudes to socially responsible business: The Royal Mint and its ethical sourcing policy Dr Debbie Holley* with student co-authors Saranda Hajdari, Dianne Hummal, Tomasz Scibior London Metropolitan Business School
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  • 3. Press coverage on role of business schools “ It now seems a fundamental failure of business school ideology has been to focus on how companies can make the most money with minimal regard to social consequence” Nair 2009 “ For too long, business schools have taken an either/or approach to teaching business ethics, opting for either a stand-alone course or an integrated model. Krehmeyer 2009 Pre-credit crunch, the need for MBAs to be "ethical" as well as show you how to fast-track your career and make a load of cash was not that high on the agenda , concedes Stoddard 2010
  • 4. Copper mine Minera Escondida http://www.mch.cl/noticias/imagenes/escondida1.jpg BHP Billiton and Rio Tinto owned
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  • 10. Student attitudes: “ "Do we really care"? If it is true, what should we do? How to react? Being Business undergraduate student, it is my understanding that ethics perception should be inculcating not only through teaching or discipline.” (Scibior 2010) “ Although it is important that ethics should be taught more in undergraduate courses, if students do not have an ethical and moral compass, I very much doubt that a few modules at business school are going to make much of a difference. The rushing river of profit and greed creates a cultural flow so strong that ethics can be more challenging to navigate.”(Hadjari 2010) “ Most importantly, however, this course has made me observe the international business environment in a completely different light, and has made me think about whether a ‘win-win situation’ is ever possible in an international business context, where the organisations are involved in extremely complex supply chains.” (Hummal 2010) http:// www.youtube.com/watch?v =_xFL7WsFIPY http:// www.youtube.com/watch?v =qO3wRMaayMo http:// www.youtube.com/watch?v =1jI0aAgEWN8
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  • 13. Did students answer the question set? High scoring students (grades A and B above) answered the question set. It is interesting to note that this was only 27% of the cohort. Very few addressed the question set and discussed both Chile and the Royal Mint and applied ethical considerations. Poorer scoring answers (44%) these students tended to regurgitate what they read without using any structure to provide a valid answer .
  • 14. The focus on Chile compared with Royal Mint On balance, more students focussed on Chile than completed their answer by referring back to the implications of ethics for the Royal Mint. Papers 16 and 20 both focussed on the Royal Mint more closely than the focus on Chile, yet still scored very highly in terms of offering their own opinion and got high marks. Student 27 had no section on ethics
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