Beyond “Saddle Bag” Sustainability for Business Education

Revisiting the historical evolution of the corporation helps explain how the challenge of sustainability has been addressed in business education. Business schools emerged toward the end of the 19th century after U.S. Supreme Court judgments absolved corporate directors from the duty of adhering to social missions embodied in their limited liability charters. This coincided with the rise of neoclassical economics that placed shareholdersabove...