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The Social Responsibility of Business Regarding Education

Hristina Blagoycheva (hrblagoycheva@ue-varna.bg)
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Hristina Blagoycheva: University of Economics - Varna, Varna, Bulgaria

Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, 2020, vol. 9, issue 2, 60-67

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.

Keywords: education; corporate social responsibility; workforce; non-governmental organizations (search for similar items in EconPapers)
JEL-codes: I25 J24 L31 M14 M53 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/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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