History

In the fall of 2009, the Palumbo Donahue School of Business expanded the focus of the Beard Center for Leadership in Ethics. Named for its benefactor Eugene P. Beard, the Beard Institute focuses on the importance of business ethics, responsible financial management and sustainability in the global marketplace.

The nature of business has grown increasingly complex and global over the last few decades. Organizations face competing priorities and managers must make ethical decisions on a daily basis. In addition, the growth of globalization, urbanization, social and economic disparities, as well as a strained resource supply, has caused the growth of the sustainability movement. Finally, the financial scandals over the past decade, including the 2008 financial crisis and recession, have brought the importance of responsible financial management to the public's attention.

The Beard Institute advocates that the bottom line is affected by the way an organization treats the community, environment and society as a whole.

Mission

The Beard Institute, as a part of the Palumbo Donahue School of Business at Duquesne University, advances the profession of management through the integration of three established disciplines: business ethics, sustainability and responsible financial management. The Beard Institute collaborates with corporate, nonprofit and academic partners to create innovative research and practical strategies that add measurable value to the business community.

Vision

The Beard Institute seeks to become an internationally recognized resource for businesses, nonprofit organizations, government entities, professional associations and universities interested in promoting business ethics, sustainability and responsible financial management education.