Title: Social value creation and the role of business schools

Authors: Mee-Shew Cheung; Ravi Chinta; Hasan Faruq

Addresses: Xavier University, 3800 Victory Parkway, Cincinnati, OH 45207, USA ' University of Phoenix, 11099 Allenhurst Blvd West, Cincinnati, OH 45241, USA ' Xavier University, 3800 Victory Parkway, Cincinnati, OH 45207, USA

Abstract: There has been an increasing interest in the business world in exploring the opportunities of tapping into the underserved four billion consumers living in poverty globally (also termed the Base-of-the-Pyramid segment or BoP). This article provides a review of BoP literature that supports the notion of possible social value creation in BoP ventures by businesses. The authors suggest that business schools have an ethical and societal role to incorporate more BoP related topics in their curricula while income inequality has increasingly become a major economic and social challenge globally.

Keywords: business education; business ethics; base-of-the-pyramid; BoP; curriculum design; business schools; social value creation; business school role; higher education; income inequality; poverty.

DOI: 10.1504/IJMIE.2015.072096

International Journal of Management in Education, 2015 Vol.9 No.4, pp.426 - 443

Published online: 30 Sep 2015 *

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