Literature Review of Shared Value: A Theoretical Concept or a Management Buzzword?

Dembek, Krzysztof; Singh, Prakash J.; Bhakoo, Vikram

doi:10.1007/s10551-015-2554-z

Cited by 209 publications

(268 citation statements)

References 97 publications

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“…Also by drawing from strategy literature and adopting the value perspective, this study complements the existing body of knowledge by proposing a preliminary The author invites scholars to extend these initial study findings by addressing the issue of further operationalization of the CSV construct or verifying it in the course of qualitative research. This seems to remain a fundamental matter since measurement relates directly to the definition of CSV (Dembek et al, 2015). The findings of this study lay groundwork for future studies and suggest potential directions for further research.…”

Section: Discussionmentioning

confidence: 72%

“…Although this new concept has already attracted attention among scholars and the business press, its theoretical conceptualization is vague and still lacks a firm empirical grounding. For instance, according to Dembek et al (2015), it now resembles a management buzzword, provides no clear criteria of implementation for businesses and needs further elaboration. Only a few studies provided a deeper analysis of this theoretical construct.…”

Section: Creating Shared Value Concept: How It Differs From Csrmentioning

confidence: 99%

“…Clearly, distinguishing between CSV and CSR is hindered because no universal operationalization has been adopted (Dembek et al, 2015). To address this issue, the current study seeks to contribute to CSV concept development by setting a conceptual basis for CSV measurement.…”

Section: Towards Csv Operationalization: a Preliminary Outlinementioning

confidence: 99%

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How Creating Shared Value Differs From Corporate Social Responsibility

Wójcik¹

2016

JMBACE

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Purpose: This study attempts to make a contribution to theory by disentangling the concept of creating shared value (CSV) from corporate social responsibility (CSR). In doing so, the study provides a preliminary outline for CSV analysis.Approach: This study is conceptual in character. It is based on a review of literature on CSR and CSV and adopts the perspective of economic and social value creation. Findings:The findings show that 1) CSR comes down to sharing the economic value created in order to build social value and 2) CSV is the process of change of the relation between a firm's outcomes and inputs that generates social value. In other words, it comes down to economic value creation through crea ting social value.Originality: This study provides arguments revealing that understanding the differences between the notions of CSV and CSR, reqnires adopting the concepts of economic and social value. The study therefore bridges the gap in theory in this respect and outlines a preliminary conceptual basis for CSV analysis. It is expected that the findings of this study will serve as a reliable basis for further discussion and CSV concept development.

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Section: Discussionmentioning

confidence: 72%

Section: Creating Shared Value Concept: How It Differs From Csrmentioning

confidence: 99%

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How Creating Shared Value Differs From Corporate Social Responsibility

Wójcik¹

2016

JMBACE

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“…According to the Shared Value concept, the CSR agenda should be about policies and operating practices that enhance the competitiveness of companies, whilst simultaneously advance the social conditions in the communities which they are operating [2,19]. Shared value focuses on integrating social and business advantage that results in new business models which are social and inclusive [20].…”

Section: Csr and Social Protectionmentioning

confidence: 99%

CSR initiatives by companies for employees through social protection measures

2017

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Abstract. Poverty has always been the main concern globally as it alienates and distresses particular groups of citizen that affects their emotion and psychological behaviour, and may have impact on the socioeconomic aspect of the country. Hence, it is critical for the government to address the poverty problem, as this would lead to inequality. One way to minimise income inequality is through the provision of social protection to maintain the basic consumption and living standard of the needed members of the society. The government highlights the importance of increasing involvement of the private sector to improve social protection through their CSR programmes. Thus, the main purpose of this paper is to unearth the concept of social protection and its role in minimising inequality in the society as well as to develop an instrument to measure the social protection dimension of companies' CSR activities.

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“…Similarly, the concept suffers from some serious shortcomings, namely: it is unoriginal, it ignores the tensions inherent to responsible business activity, it is naïve about business compliance, and it is based on a shallow conception of the corporation's role in society [13]. Dembek et al [14] in their paper highlighted that 'shared value' has spread into the language of multiple disciplines, but they argued that the CSV concept is vague as it presents important discrepancies in the way it is defined and operationalized.…”

Section: Literature Reviewmentioning

confidence: 99%

Creating Shared Value at Dutch-Bangla Bank Limited in Bangladesh

Islam¹

2017

AJTAB

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Abstract:The Creating Shared Value (CSV) concept (creating business value through creating social value by addressing societal unmet needs and challenges) has been appeared as a new way of doing responsible business in the world and formed the core of recent business research. The study strives to investigate reflective insights into the Porter and Kramer's CSV concept taking evidence from Dutch-Bangla Bank Limited (DBBL) in Bangladesh. The results show that DBBL has been creating shared value through its innovative products and services like mobile financial services, school banking, and agricultural, SME and environment friendly banking. The results also indicate that DBBL has been creating shared value along the three areas of Porter and Kramer's CSV concept but mostly through reconceiving products and services, and redefining value chain to improve productivity. Taken as a whole, DBBL has been sharing its CSV with different stakeholders for mutual benefits.

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Literature Review of Shared Value: A Theoretical Concept or a Management Buzzword?

Cited by 209 publications

References 97 publications

How Creating Shared Value Differs From Corporate Social Responsibility

How Creating Shared Value Differs From Corporate Social Responsibility

CSR initiatives by companies for employees through social protection measures

Creating Shared Value at Dutch-Bangla Bank Limited in Bangladesh

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