Details for Adelaide Business School
Type of Organization
Type of Education
Undergraduate, Post Graduate, Doctoral, Executive
Institution is part of
The University of Adelaide
Adelaide, South Australia, Australia
Sign Up Date to PRME
30 May 2017
Current Sharing Information on Progress Report Submission
02 Jun 2019
Sharing Information on Progress (2019)
Period Covered: Jan 2016 to Dec 2018
This Sharing Information on Progress (SIP) Report highlights some of the key academic, research and engagement activities – especially relating to the PRME principles - implemented by Adelaide Business School, and supported by the University of Adelaide (UoA). As an institution of higher education involved in the development of current and future managers, over the next five years our focus will be on further embedding PRME principles in all of our core strategic themes.
Achievements Curriculum Integration in the Field of Corporate Responsibility and Sustainability
Learning and Teaching
Adelaide Business School (ABS) teaches corporate governance in several of its courses which are embedded in its suite of programs.
Corporate Social Responsibility (CSR) is also covered, although there are whole courses devoted to this, for example, we teach a course titled Corporate Social Responsibility and Ethics (M) that reflects the major contemporary trends in corporate citizenship, social and environmental responsibility and accountability. This course includes consideration of the enlarged spectrum of corporate stakeholders; corporate social responsibilities, citizenship, and reputation; business-government relationships and political environmental management; sustainable development; environmental management and accountability; social investing and corporate philanthropy; community and employee relationships; and public affairs and media management. Accordingly, the course focuses on understanding and implementing enhanced organizational performance that includes social, environmental and ethical performance indicators in addition to the traditional financial performance indicators.
We also teach the Master of International Business (MIB), a comprehensive degree that develops conceptual and practical skills to enable effective operational and strategic responses to complex, dynamic global forces at organizational and interpersonal levels. The program explores the complexity of the global business environment and pertinent cultural, ethical, geographical, environmental and social challenges and develops managerial and strategic responses for graduates to operate in such an environment.
Executive Education (EE) plays a direct and supportive role in achieving the Adelaide Business School’s mission by working to develop and support ethical, responsible, creative and reflective leaders who can see the relationships within systems to solve immediate and practical problems, while planning for viable futures. EE tailors programs specifically for its clients and enables organizations and business leaders to design specific programs to lead strategic planning, manage change through innovation, and encourage discussion and explore ideas within their leadership or management teams.
The following initiatives further demonstrate the University and the School’s strong commitment to address, engage and respond to current and emerging corporate social responsibility issues:
- Universities Equity Scheme provides access to tertiary education for students who are under-represented at university through access schemes such as the Universities Equity Scheme. The Universities Equity Scheme provides bonuses in two ways: bonuses for all students in certain specified schools and bonuses for individuals in other schools. Eligible students receive five bonus points in the calculation of their selection ranks.
-The Aboriginal and Torres Strait Islander Employment Strategy aims to increase participation by offering employment opportunities and cadetships. It also helps to retain and advance the University's current Aboriginal and Torres Strait Islander faculty and staff through scholarships and professional development opportunities and activities.
-Tarrkarri Tirrka (Future Learning) is the University of Adelaide’s Integrated Aboriginal and Torres Strait Islander Education Strategy that promotes a university-wide approach to developing, implementing and evaluating recruitment, retention and curricula strategies that help increase the number of indigenous students, faculty and staff. The strategy integrates previous approaches and actions into one coherent direction and purpose, focusing on student services, indigenous employment and university governance, teaching and learning, research, human resources, community engagement and international outreach.
Over the next three to five years, our focus will be on:
- embedding ethics, sustainability, and responsibility (ESR) strategy in our research, learning and teaching, and engagement activities;
- increasing student’s understanding and knowledge of their individual role as impactful and responsible global citizens; and
- further establishing, extending and maintaining corporate engagement connections and relationships with business, industry and community partners.
Achievements Research Development in the Field of Corporate Responsibility and Sustainability
Our faculty have published, and continue to research, in the area of Corporate Social Responsibility as it impacts the value of the firm and how it is incorporated into accounting practices. The outcomes from this research are regularly shared with both finance and accounting bodies, such as the CPA and CA.
Recently, our marketing researchers achieved ARC linkage grant to examine ‘The ability of sports sponsorship and corporate volunteering to enhance the sponsor’s corporate social responsibility image’ (industry partners Meals on Wheels SA and the Norwood Football Club).
We are also proud to share a successful research impact and engagement story with Oxfam: An MBA Project student worked with marketing to determine if there was a demand for ethical clothing. Oxfam was so impressed with the student’s abilities and they are investigating a possibility of creating an online ethical fashion line.
ABS is also well known for engaging with prominent communities, particularly within South Australia and through international partners. The School initiates research dialogue with the Big 4 accounting firms, providing consultation and advice. Two accounting faculty are on the CPA and Chartered Accountants Australia and New Zealand’s (CAANZ) regional boards. While much of South Australia’s local financial sector (BankSA, Adelaide Bank, Statewide Super and Lifeplan) sponsors ongoing contract research, other research partnerships include: AMP on self-managed superannuation; HomeStart on developing the Lifeplan Index of Financial Adviser Satisfaction, and evaluating low income shared mortgages; and Australian Institute for Social Research (AISR) contract research assessing impacts of water allocations on investment and industry outcomes in the Murray Darling Basin, and assessing the impact of credit ratings on the cost of public sector borrowing.
Our external engagement strategy builds effective relationships with key stakeholder such as government organizations, advisory boards, alumni members, industry and business sector, prospective students, agents and parents, media and international partnerships. Many personnel work on the engagement strategy, all focused on creating systematic methods for ready engagement by industry and business with ABS to achieve: greater student access to industry expertise in courses, networking events, facilitated career workshops, workplace visits and guest speakers; increased number of high quality, local and international internships; strong strategic partnerships with industry to encourage collaboration with ABS academics and students for activities such as internships, “real – life” business projects, applied research, corporate social responsibility programs and professional network creation; enhanced relationships with key industry influencers; and a heightened ABS profile across industry sectors.