The notion of shared value presents business with a challenge: to generate social benefit and profit simultaneously. This challenge involves resolving tensions/paradoxes inherent when integrating the apparent contradictory elements of social and economic values. Unfortunately, resolving such tensions is difficult due to the habitual, automatic nature of sensemaking. This paper offers a mechanism whereby individuals can, over time, begin to overcome habitual sensemaking and potentially resolve tensions inherent in shared value. The mechanism is labeled inner knowledge creation. (...) IKC is described and its role in creating shared value for businesses is illustrated through a conceptual model. The model shows how IKC develops metacognitive capabilities, builds capacities to resolve tensions/paradoxes, and cultivates openness to others’ perspectives. (shrink)

How do firms make sense of creating shared value projects? In their sense-making processes, do they extend the meaning spectrum to include human rights? What are the dominant cognitive frames through which firms make sense of CSV projects, and are some frames more likely to have transformative power? We pose these questions in the context of small-scale firms in a low-to-middle income country—a context where CSV policies have been promoted extensively over the last decade in the expectation of improved (...) economic competitiveness, growth, and sustainable development processes. We employ a grounded theory approach to identify three dominant cognitive frames used by our respondents to make sense of CSV. The most prevalent frame prioritizes economic over social and environmental goals, and considers social, environmental, and human rights benefits to trickle down from economic growth and wealth generation. In the second frame, economic actors follow a win–win logic according to which environmental sustainability is pursued only if there are clear and foreseeable economic payoffs. The third frame is a niche that emphasizes the attainment of certain human rights goals, despite a perceived lack of immediate economic returns. Our work casts doubt on the capacity of CSV projects to stimulate sustainable development processes without radically changing entrepreneurs’ cognitive frames from growth first to humanizing the business. (shrink)

Growing inequality and its implications for democratic polity suggest that corporate social responsibility has not proved itself in twenty-first century business, largely as it lacks clear criteria of demarcation for businesses to follow. Today the problem is viewed by many commentators as an ethical challenge to business itself. In response to this challenge, we begin by examining Porter and Kramer’s :64–77, 2011) call for a shift from a social responsibility to a shared value framework and the need to respond (...) to the problem of the ‘separation thesis’ between business and ethics :89–118, 1996; Harris and Freeman, Bus Ethics Q 18:541–548, 2008). We identify the eighteenth century economist and philosopher Adam Smith in his book The Theory of Moral Sentiments as a source for an ethical approach to business. Building on his central concept of ‘sympathy’, we introduce the idea of the Impartial Spectator Test, which we argue builds on traditional stakeholder perspectives and which provides an objective route to ethical criteria of demarcation. We conclude by assessing how this approach adds to the existing debate around social responsibility and shared value. (shrink)

Despite the widespread popularity of the Creating Shared Value discourse, its ‘business case’ and ‘win–win’ rhetoric remain problematic. This paper adds an inclusive development perspective to the debate, arguing that analysing CSV strategies through an inclusivity lens contributes to a better operationalisation of societal value; makes tensions and contradictions between economic and societal value explicit and uncovers processes of inclusion, exclusion and adverse inclusion. We illustrate this by analysing Nestlé’s CSV strategy in its cocoa supply chains in Ghana based (...) on content analysis of company documents, interviews with value chain actors and stakeholders, and focus groups with farmers. We ask how Nestlé frames and implements its CSV discourse in practice and how this relates to the social, relational and environmental dimensions of inclusive development. Findings show how the company addresses inclusive development dimensions in its corporate discourse, practices and business operations, and what trade-offs it faces. We then unmask the inherent tension between business objectives and societal interests and explain why the scope, issues addressed and societal impacts of CSV remain constrained. We conclude that CSV can help reduce a company’s impact on some persistent societal issues, but that its contribution to transformational change remains limited because the need to uphold competitive advantages and short-term financial performance narrows its ability to address all inclusivity dimensions. Legislation mandating responsible business conduct and due diligence can reduce this inherent tension by levelling the playing field between companies addressing inclusivity issues vis-à-vis those who do not. (shrink)

This paper deals with the nature of trust in science. Understanding what appropriate trust in science is and why it can reasonably break down is important for improving scientists’ trustworthiness. There are two different ways in which philosophers of science think about trust in science: as based on objectivity or as based on shared values. Some authors argue that objectivity actually grounds mere reliance, not genuine trust. They draw on a distinction that philosophers of trust following Annette Baier (...) have made with respect to interpersonal trust, where genuine trust has some normative element to it that is missing in cases of mere reliance. However, I will show that there are plural forms of trust in science: Both objectivity and shared values ground trust in science in a normative sense. I will link the trust in science debate to the literature on interpersonal trust. This is significant in that, beyond references to Baier, there is little connection between both areas of philosophy. In a pluralist reading, different trust accounts help to identify the normative elements involved in different kinds of trust in science. (shrink)

Despite the significant attention gained by the concept of creating shared value (CSV) over the past decade, there is a lack of empirical research on corporate practices that achieve social and environmental benefits through CSV dynamics. Through an in-depth single case study, this research explores open innovation (OI) practices contributing to the grand challenge of climate change and their role as microfoundations in the three CSV dynamics proposed by Porter and Kramer: (1) reconceiving products and markets; (2) redefining productivity (...) in the value chain; and (3) enabling local cluster development. Building on a 3-year (October 2019–October 2022) interaction with Enel—a very large company in the renewable energy sector—we collected qualitative data on the OI practices implemented in the construction, operating, and repurposing phases of three of its industrial sites. Employing a three-step data analysis process, the study identified 29 OI practices across the sites, which have been grouped into 11 CSV microfoundations. Our findings contribute to understanding the organizational factors in sustainable value creation by bridging the gap between CSV and OI literature and confirm the effectiveness of OI models for addressing societal challenges like climate change. (shrink)

In this paper, we consider one of the ways in which shared valuing is normatively significant. More specifically, we analyze the processes that can reliably provide normative grounding for the standing to rebuke others for their failures to treat something as valuable. Yet problems with grounding this normative standing quickly arise, as it is not immediately clear why shared valuing binds group members together in ways that can sustain the collective pursuit of shared ends. Responding to this (...) difficulty is no easy task, since doing so requires demonstrating that the standing to call on one's fellow participants because of shared forms of valuing is not merely a side effect of members authority to call on their fellow participants to do their fair share in a collective endeavor. This is, to the best of our knowledge, a problem that the sparse literature on shared valuing has yet to consider. We argue that the best way to address this difficulty is to consider the real‐world complexity of how forms of valuing come to be shared within well‐structured collectives and how members internalize the evaluative tendencies that sustain shared valuing. To accomplish those ends, we examine two different ways that shared valuing is cultivated within well‐structured groups and the corresponding ways that members internalize forms of valuing; specifically, we examine differences between forms of valuing that are passed downward from the top of a group, as they are in the U.S. Military, and forms of valuing that bubble‐up through local patterns of interaction, as they do among the Zapatistas of Chiapas. (shrink)

May social unity - the unity of a society or social group - be a matter of sharing values? Political philosophers disagree on this topic. Kymlicka answers: No. Devlin and Rawls answer: Yes. It is argued that given one common 'summative' account of sharing values a negative answer is correct. A positive answer is correct, however, given the plural subject account of sharing values. Given this account, those who share values are unified in a substantial way (...) by their participation in a joint commitment. Some consequences of such sharing of values for the liberty of the people involved are noted. (shrink)

Creating Shared Value ist ein prominenter strategischer Ansatz, welcher Unternehmen unterstützen soll, gesellschaftliche und ökologische Themen zu adressieren und gleichzeitig Profite zu generieren. In diesem Beitrag wird der CSV-Ansatz zunächst vorgestellt und anschließend kritisch diskutiert. Darauf aufbauend wird eine Weiterentwicklung von CSV unter dem Namen CSV+ skizziert.

Shared value creation is the theoretical and practical core idea of the relational theory of the firm and its relational business model (RBM). In this chapter, I discuss this theoretical concept at the level of micro-governance and its practical management tools. In the light of the UN’s 2030 Agenda and the required contribution of businesses to achieving the SDGs, the challenges of measuring this contribution and its internal and external reporting are discussed. This is simultaneously a further contribution to (...) the operationalisation of the cooperation rent and the concept of relational costs. (shrink)

In dynamic sociotechnical contexts, values evolve over time and diverge across stakeholder groups, complicating the coordination of innovation processes through individual and collective commitments. This paper argues that sociotechnical agendas, which are structured sets of technology-related issues that shape attention and guide decision-making, can be a helpful framework for examining the interplay between personal and shared values. We demonstrate how three levels of agenda-setting contribute to the recognition and institutionalization of values: issue salience that determines what (...) values matter, attribute framing that shapes how values are interpreted, and network interconnection that establishes how values relate to each other. We examine sociotechnical agenda-setting as a process through which personal and institutional values are negotiated, aligned, and contested, often under conditions of tension and uncertainty. While sociotechnical agendas can foster consensus and support responsible technological development, they also pose challenges, including power imbalances, selective framing, and psychological influence. The study calls for further research into how transparent and inclusive agenda-setting processes can promote responsible value sharing in ways that advance broader societal goals. (shrink)

Much of the attention of ethics scholars has focused on balancing self interest with the interests of others, equating self-interest with profit, or at least its acquisition, and presenting a dilemma to both companies and the stakeholder groups that socially responsible business practices might serve. We are in significant agreement with Porter and Kramer’s silver bullet to correct decision making based solely on increasing profit: the creation of “shared value.” However, we suggest three significant points of deviation from this (...) thesis, resulting from our discomfort with features of the mental model(s) that Porter and Kramer use to structure their argument. (shrink)

Organizations are increasingly expected by their stakeholders to tackle the “wicked” problems of society. These new pressures have created a highly equivocal corporate social responsibility (CSR) environment whereby firms face competing stakeholder perspectives regarding their CSR strategy. To reduce CSR environmental equivocality and determine a CSR strategy, organizations need to effectively and efficiently identify, evaluate, and exploit CSR initiatives to create financial and social value (i.e., shared value). In this paper, we explain how organizations can optimize their shared (...) value creation and promote the construction of intersubjective agreement, which can reduce CSR environmental equivocality. Theory is put forth that explains how the proper alignment of an organization’s level of CSR environmental equivocality, which is comprised of varying amounts of “unknowingness,” corporate entrepreneurship strategy, which promotes experimentation, and stakeholder engagement process, which facilitates information gathering and dissemination, supports the construction of intersubjective agreement. A typology of organizational shared value creation in equivocal CSR environments with four “ideal types” of organizations—Container, Explorer, Embracer, and Manager—is presented and an organization’s choice among and movement between types discussed. (shrink)

In the business ethics literature, the growing interest in social entrepreneurship has remained limited to the assumption that pursuing a social mission will clash against the pursuit of associated economic achievements. This ignores recent developments in the social entrepreneurship literature which show that social missions and economic achievement can also have a mutually constitutive relation. We address this gap adopting the notion of shared value for an ethical inquiry of social entrepreneurship. Using a sensemaking framework, we assume that the (...) emergence of SV propositions can be captured through the analysis of how social entrepreneurs make sense of events of change, selecting the journey of three exemplar cases for an inductive empirical inquiry. From our findings, we propose three themes for further examination. First, the ethical groundings of entrepreneurial SV are mostly shaped by idiosyncratic imperatives that inform both social mission and economic gain from the onset. Second, the ethical groundings of entrepreneurial SV will be likely operationalised as a filtering device, which allows for resilience as well as potentially detrimental blind spots. And third, the ethical groundings of entrepreneurial SV are expressed through ongoing transparency. Whilst there are agendas, these are not necessarily hidden but instead are likely put on show for the scrutiny of markets and communities. We hope that this evidence can add more light to our still modest understanding of the ethical groundings of social entrepreneurship. (shrink)

The interest in hydrogen as an alternative to burning fossil fuels has intensified as international efforts towards net-zero carbon emissions gain momentum. There has been a widespread acknowledgement that the production of green hydrogen is pivotal to limiting this century’s temperature rise to below 2 °C above pre-industrial levels. This is also true for Namibia as the country places its capacity to generate green hydrogen at the forefront of its national development plans. The abundance of solar and wind energy in (...) Namibia means that it is uniquely poised with ideal conditions to produce and export green hydrogen. However, at present, there is no green hydrogen-specific legislation in Namibia, arguably presenting substantial challenges in upholding and enforcing shared value and corporate accountability principles. It is argued that shared value and corporate accountability are crucial in cementing the foundation of an environmentally sustainable green hydrogen market. It is also argued that shared value and corporate accountability are fundamental principles to ensure that foreign-owned companies operating in Namibia’s green hydrogen sector align their operations with environmental, social, and ethical requirements. This chapter explores the significance and challenges associated with green hydrogen production in the SADC context. In particular, it examines the extent to which the international, regional, and national legal frameworks in Namibia foster the enforcement of shared value and corporate accountability principles, highlighting areas where these principles can be incorporated or strengthened further. (shrink)

This article explores the rhetoric, and mass mediation, of the national Holocaust Memorial Day commemoration ceremony, as broadcast on British television. I argue that the televised national ceremonies should be approached as an example of multi-genre epideictic rhetoric, working up meanings through a hybrid combination of genres, author/animators and modes. Epideictic rhetoric has often been depreciated as simply ceremonial ‘praise or blame’ speeches. However, given that the topics of praise/blame assume the existence of social norms, epideictic also acts to presuppose (...) and evoke common values, in general, and a collective recognition of shared social responsibilities, in particular. My methodology draws on the Discourse-Historical Approach to Critical Discourse Analysis, given, first, its central prominence in analysing argumentative strategies in discourse and, second, the ways it facilitates a reflexive ‘shuttling’ between text-discursive features, intertextual relations and wider contexts of society and history. Here, I examine how a catastrophic past is invoked in speech and evoked through image and music, in response to the demands that uncertainty of the future ‘places upon one’s conscience’. (shrink)

Should the private sector concern itself with the health of the communities in which it operates? Should the community look to local businesses for collaboration in the effort to elevate the health of its citizens? Is there an opportunity between the public and private sectors to create shared value through the enhancement of public health? These are questions this paper explores and analyzes, using theoretical models that originate in disparate literatures.

Benedikt von Liel provides a theoretical and empirical analysis of the concept of Creating Shared Value (CSV). In the theoretical analysis, the author assesses the uniqueness of the theory of Creating Shared Value by comparing it to other relevant social responsibility concepts. The empirical analysis provides insights from over 60 industry case studies of Creating Shared Value. The assessment includes the influence of geography as well as a range of other relevant external and internal factors. As a (...) result, the author identifies critical success factors for the creation of shared value. Contents Theoretical introduction into Creating Shared Value Comparative analysis of CSV theory and related concepts Empirical study of CSV's unique elements < Impact of geography and other success factors for CSV Target Groups < Researchers and students in the field of business ethics and corporate social responsibility Businessmen interested and responsible for the social activities of companies The Author Benedikt von Liel studied Business and Mechanical Engineering at the Technical University of Karlsruhe before gaining industry experience at an international management consulting company. The practical experience triggered further interest in the combination of profit maximization and ethical driven business decisions. For this reason, the author researched the field of Creating Shared Value obtaining his PhD at the Technical University of Munich. (shrink)

Over the last years, “Creating Shared Value” has become a much discussed concept in business practice as well as in management theory and especially in the context of corporate social responsibility. This book offers a contribution to the current academic discussions on the well-received article of Michael Porter and Marc Kramer in Harvard Business Review in 2011. In the light of the increasing references to the shared value concept, it develops a critical discussion on its fundamentals and its (...) implications for the relationship between economy and society. By that, the book seeks to shed light on the understanding of the role and the nature of the firm in a globalized economy. The result is a collection of interdisciplinary academic reviews which offer interdisciplinary reflections on “Creating Shared Value” to illuminate theoretical, conceptual and practical challenges of the topic. Within the fields of Business Ethics, Theory of the Firm, Management and Philosophy, researcher, students and practitioners will be given a deeper insight on how to approach to the concept in a conceptional and philosophical way. (shrink)

This study investigates why successful companies have pursued creating shared value (CSV) during the COVID-19 pandemic and the immediately ensuing post-COVID-19 era. The paper aims to achieve a better understanding of the triggers that induce companies to pursue CSV initiatives. A qualitative thematic analysis of cases of CSV involving 54 companies honored by Fortune magazine within its 2022 Change the World list was investigated and systematically reviewed. Based on the analysis, we identified and classified the motivators of CSV projects (...) according to various internal and external triggers. The qualitative results revealed seven types of internal triggers for CSV initiatives. These are: (1) following founder/leader philosophy or experience, (2) foreseeing customer growth and profit potential, (3) enhancing employee loyalty and commitment, (4) developing a future talent pool, (5) improving operational efficiency and cutting costs, (6) building differentiation weapons, and (7) becoming an industry pioneer. Seven types of external triggers for CSV initiatives were also identified. These comprise (1) economic benefits, (2) environmental protection, (3) human rights, (4) public health, (5) social justice, (6) partnership availability, and (7) government stimuli. This study contributes to the CSV literature by providing analyses of the motivators that have induced CSV initiatives during the COVID-19 era. We conclude by discussing the implications for business academics and practitioners. (shrink)

Although Michael Porter’s and Marc Kramer’s article “Creating Shared Value” is a welcome attempt to mainstream business ethics among management practitioners, it is neither so radical nor such a departure from standard management thinking as the authors make it seem. Porter’s and Kramer’s criticism and rejection of corporate social responsibility depends upon a straw man conception of CSR and their ultimate reliance on economic arguments is too normatively thin to do the important work of reconnecting businesses with society. For (...) these reasons, prospects for a genuine reinvention of capitalism lie elsewhere. (shrink)

We propose conscious awareness as a mechanism for creating “shared value”; a form of value that Porter describes as putting social and community needs before profit. We explore the mechanism empirically in an entrepreneurial context and find that spiritual practices increase conscious awareness which, in turn, shapes entrepreneurial intentions and venture characteristics focused on shared value.

ABSTRACTThe question of how to engage with stakeholders in situations of value conflict to create value that includes a plurality of conflicting stakeholder value perspectives represents one of the crucial current challenges of stakeholder engagement as well as of value creation stakeholder theory. To address this challenge, we conceptualize a discursive sharing process between affected stakeholders that is oriented toward discursive justification involving multiple procedural steps. This sharing process provides procedural guidance for firms and stakeholders to create pluralistic stakeholder value (...) through the discursive accommodation of diverging stakeholder value perspectives. The outcomes of such a discursive value-sharing process range from stakeholder value dissensus to low and increasing levels of stakeholder value congruence to stakeholder value consensus. Hence, this article contributes to the emerging literature on integrative stakeholder engagement by conceptualizing a procedural framework that is neither overly oriented towards dissensus nor consensus. (shrink)

Michael Polanyi insisted that scientific knowledge was intensely personal in nature, though held with universal intent and hence shared. His insights regarding the personal values of beauty and morality in science are first enunciated and then explored for their relevance to engineering. It is shown that the practice of engineering is also governed by aesthetics and ethics. For example, Polanyi’s three spheres of morality in science—those of the individual scientist, the scientific community and the wider society—have parallels in (...) engineering—namely the individual engineer, the professional institution and the public. In addition, the need for ‘faith’ and ‘trust’ in the practice of science and engineering respectively is stressed. The fact that values in engineering are shared is also demonstrated—in aesthetics through an example that shows convergence of practitioner opinion to solutions reflecting established models of aesthetics; and in ethics through the recognition that many professional engineering institutions give priority to the safety of the public over the interests of the client. Such professional consensus can be seen as justification for studying engineering aesthetics and ethics as inter-subjective disciplines. (shrink)

Porter and Kramer (Harv Bus Rev 84(12):78–92, 2006; Harv Bus Rev 89(1/2), 62–77, 2011) introduced ‘shared value’ as a ‘new conception of capitalism,’ claiming it is a powerful driver of economic growth and reconciliation between business and society. The idea has generated strong interest in business and academia; however, its theoretical precepts have not been rigorously assessed. In this paper, we provide a systematic and thorough analysis of shared value, focusing on its ontological and epistemological properties. Our review (...) highlights that ‘shared value’ has spread into the language of multiple disciplines, but that its current conceptualization is vague, and it presents important discrepancies in the way it is defined and operationalized, such that it is more of a buzzword than a substantive concept. It also overlaps with many other (related) concepts and lacks empirical grounding. We offer recommendations for defining and measuring the concept, take a step toward disentangling it from related concepts, and identify relevant theories and research methods that would facilitate extending the knowledge frontier on shared value. (shrink)

In this paper we investigate ways to comply with justice in a liberal democracy. In order to do that, we sketch Rawls’s account of moral-consensus stability and discuss the alternative idea of stability reached through a modus vivendi. We defend modus vivendi as a way to achieve stability backed by a variety of reasons and even by ‘non-reasons’. By ‘non-reasons’ we mean alternative sources of motivation for compliance as a precondition of a stable coexistence. We focus on such sources, which (...) differ from reasons and beliefs, that are practices, shared values, and value experiences, in light of both a theoretical-political and a qualitative social-ontological perspective. We argue that individuals who experience the same values become collectives and even stable ones: the sharing of values creates social unity and makes collectives solid and resistant to individualistically centrifugal tendencies. (shrink)

ABSTRACT:Although it is unremarkable to hear a corporate culture described as ethical or unethical, it remains quite unclear what such a claim means or how it may be justified. I begin by addressing these two questions by offering an account of corporate culture as the intrinsic values that are shared by organisation members and that underpin organisational goals. I then employ this analysis to offer a new account of how moral responsibility is generated and distributed in business organisations. (...) Since certain corporate values, or culture, will predictably promote wrongdoing by members, all those who participated in that culture will acquire a degree of moral responsibility for the wrongdoing that results. They are, we may say, complicit in the wrongdoing because they helped facilitate it. This is because, by sharing values in the way that creates corporate culture, organisation members give each other reasons for acting in line with those values. (shrink)

This article offers a fundamental critique of Michael Porter’s and Marc Kramer’s “Creating Shared Value” (CSV) concept. First, the authors summarise the positive and negative criticism which CSV has received since 2011. They then show that CSV falls short of a modern understanding of corporate responsibility which is centred on more adequate ideas about the relationship between business and society. The article concludes with critical comments on the role of scholars in their interaction with practitioners.

While capitalism has proven to be one of the most efficient economic engines in modern history, the goal of simply pursuing profit has, according to many, left some of society’s needs unmet if not further challenged. In 2006, Porter and Kramer developed the notion that corporations could and should pursue a higher goal of capitalism including “creating shared value” as a means to improve performance and bridging the gap that developed between corporations and society. The concept was welcomed within (...) both academia and the corporate world for the amount of energy it has generated, its potential to improve capitalism and repair what Brigley referred to as the “fractured contract”. However, it is being equally critiqued for lacking in definitional clarity causing inconsistent strategy, and lacking in originality vis-a-vis existing concepts such as Corporate Social Responsibility. This paper proposes corporate virtue as a form of CSV, by identifying two theories which demonstrate how corporate virtue meets the definitional requirements of CSV and helps both the corporation and society fulfil unmet needs. (shrink)

Business and Society Review, Volume 126, Issue 4, Page 479-511, Winter 2021.

Governments increasingly use certification programs to promote corporate social responsibility, yet questions remain about whether such interventions generate substantive value or merely symbolic compliance. This study evaluates whether government-backed Sports Enterprise Certification is associated with measurable improvements across multiple stakeholder dimensions. Using data covering 17,519 firm-year observations for listed firms from 2010 to 2023 and a two-way fixed-effects design with lagged covariates, the analysis shows that certified firms exhibit higher brand value, stronger CSR and ESG ratings, and improved financial outcomes (...) reflected in both accounting and market-based measures. Human capital outcomes are also enhanced, including lower turnover, higher talent quality, and increased employee compensation. The effects are most pronounced in the Social pillar of ESG, and are accompanied by positive associations in the Environmental and Governance dimensions. These findings support a hybrid governance perspective in which governmental endorsement strengthens institutional legitimacy while verified wellness practices build internal organizational capabilities. The results suggest that institutionalized certification can align corporate incentives with social welfare and may offer policymakers a viable alternative to mandatory disclosure regimes for promoting sustainable corporate behavior in transitional economies. (shrink)

How does Creating Shared Value (CSV) differ from Corporate Social Responsibility (CSR)? How can universities teach CSV to students? The aim of this study is to present the case of the Shared Value Living Lab (SVLL) recently carried out at the University of Torino (UniTo), a large Italian public university. Specifically, the paper analyzes CSV related arguments such as building ecosystems and collective impact, and by questioning the role of experiential learning in adult education. The transformative learning theory (...) of Mezirow (2000) assists the discussion and interpretation of the results derived from this research from an intrinsic perspective, as the researchers “interacted” with the participants. The risks and opportunities of teaching CSV concepts are presented side by side with the strengths and weaknesses of innovative learning tools that have already been adopted by universities and business schools. The study contributes to the current literature by showing how students can reframe the problem of CSV, escaping from ordinary meaning schemes. The interaction between the researchers, the students, and the local actors is atypical of a generalist public university. It is also a good example of a triple helix collaboration that can be implemented in other areas of education research. (shrink)

The contributors to this focus issue participated in a unique gathering of over sixty scholars in Lukenya, Kenya in January 2009, organized by Globethics.net. The three contributions here by Sumner B. Twiss, Shanta Premawardhana, and Ariane Hentsch Cisneros are not the outcome of the deliberations and discussions there; however, they led to the idea of this focus issue. Each essay incorporates major aspects of the general themes discussed in different groups at the Lukenya meeting: (1) defining global ethics; (2) ensuring (...) a successful interreligious dialogue on ethics; (3) integrating means and methods of sharing values in a human to human approach; (4) balancing power relations, inducing a real transformation; and (5) sharing values in the Kenyan and East-African contexts. (shrink)

This paper explores the conditions favouring or inhibiting the implementation of strategic corporate social responsibility policies in the context of global value chains. Using transaction cost theory, we specify the economic and behavioural issues raised by strategic CSR policies. We show that the existence of market rewards for such policies does not constitute a solution per se, but tends to increase the difficulties that value chain members face. Bringing TCT into the analysis of the diffusion of strategic CSR policies in (...) GVCs helps us to make different contributions. We first theoretically identify some limiting conditions of strategic CSR policies in GVCs. We also contribute to developing a more robust theoretical perspective for CSR in GVC research, which remains underdeveloped and mostly driven by empirical case studies. Finally, we shed light on new research questions and topics that could guide major theoretical and empirical investigations in the capacity of GVCs members to bypass the numerous difficulties involved in the implementation of strategic CSR policies. (shrink)

In this chapter, I will integrate the basic concepts of a relational theory of the firm discussed in Chaps. 3 and 4 into a theoretically consistent and, hopefully, practically useful version of a relational business model. It is a business model that structures and realises the entrepreneurial process of private and public value creation. Business models are formal and informal governance structures. The concepts of the cooperation corridor and the cooperation rent are united in a theory of stakeholder value or (...) shared value creation and their management building blocks. (shrink)

This study examines how shared human values and sociodemographic characteristics shape attitudes and perceptions within local food systems, with a particular focus on producer-consumer alignment. Using data collected in 2021 from a representative sample of 1031 consumers and 224 small-scale producers in Hungary, we analyse evaluations of key local food attributes alongside basic human values derived from Schwartz’s Theory of Basic Human Values. First, we identify systematic gaps between consumer-reported preferences and producers’ perceptions of what consumers (...) value, revealing that producers tend to overestimate attributes closely linked to their own practices, while underestimating emerging concerns such as waste reduction. Second, drawing on a pooled sample of producers and consumers, we apply k-means clustering to identify two distinct groups characterised by contrasting evaluations of local food attributes: Community-Oriented and Self-Oriented Actors. The clusters differ primarily in the relative emphasis placed on sustainability- and community-related attributes (e.g. environmental impact), which receive markedly higher importance ratings in the Community-Oriented group, whereas the Self-Oriented group displays a more pragmatic attribute profile. Logistic regression analysis indicates that membership in the Community-Oriented cluster is significantly associated with value orientations, most notably universalism, tradition, and achievement, as well as age and gender, while the producer-consumer distinction itself is not a significant predictor. Initiatives aiming to strengthen local food systems may benefit from value-sensitive approaches that go beyond role-based targeting, particularly by prioritising attributes with strong normative meaning (such as waste reduction) where producer recognition is uneven, and aligning communication and support instruments accordingly. (shrink)

I address the issue of the unity of social ontology despite the extreme variety of social entities: groups, money, promises, governments, laws, etc. Then, I focus on Gilbert’s account of social ontology as an ontology specifically dealing with groups as plural subjects, and face with Gilbert’s concept of shared values as values of plural subjects created by joint commitment. I argue that Gilbert’s account of shared values is a cognitivist and extrinsic one: it neglects the (...) specific role of values for the constitution of plural subjects and considers values neither as a necessary nor as a sufficient condition for social unity. I suggest that, unlike Gilbert and the main trend in the contemporary social ontological debate, phenomenology provides an axiology that can allow to account adequately for values and to understand values’ crucial role for social unity. I discuss Scheler’s dividing vs. sharing values thesis and mention Schapp’s collective values thesis. Finally I address the question of the collective feeling value. (shrink)

In political philosophy “shared values” are often seen as productive of social unity. This essay assesses that perception. It considers three accounts of shared values, starting with the summative account according to which people share a value if all or most of them espouse that value. Patrick Devlin suggested that “collective moral judgments” give the parties the standing to rebuke one another for acting contrary to those values, thus binding them together in a substantial way. (...) It is argued that shared values on the summative account fail to unify the parties together in any such way. This is true, also, of an amplified summative account. On an account incorporating joint commitment, however, shared values unify the parties in the way Devlin suggests. The relation of such shared or collective values to the personal freedom of the parties is examined, and their role in the life of a society explored. (shrink)

Reporters and editors share values. If there were no shared values essential to the practice of journalism, it would be impossible to distinguish a journalist from other mass communicators. The set of journalistic values provides the base for an argument that journalists are pluralists, not relativists.

This article examines the concept of creating shared value (CSV) as articulated by Michael Porter and Mark Kramer, in non‐Western and Western contexts. We define non‐Western contexts as those in so‐called “developing” countries and emerging economies, whereas Western ones pertain to dominant thinking in “developed” regions. We frame our research in postcolonial theory and offer an overview of existing critiques of CSV. We conduct a critical discourse analysis of 66 articles to identify how CSV is being cited by authors, (...) and potential underlying power dynamics that affect its relevance for non‐Western contexts. Our review exposes increasingly critical views about the paradoxical positioning of CSV as an instrumental concept that can offer “win‐win” solutions, particularly from those working in non‐Western settings. Western perspectives generally tend to be more supportive of its instrumental nature, but also recognize the increasing complexity of the business‐society nexus and stakeholder engagement. We argue that the CSV framework requires further development to maintain credibility and applicability, especially in non‐Western domains. (shrink)

Corporate activities conducted under the banner of creating shared value (CSV) have gained popularity over the last decade, and some MNCs have espoused that CSV has entered the heart of their practices. There has, however, been criticism about the lack of a standard definition of CSV. The purpose of the current study was to develop a working definition of CSV by identifying distinctions between CSV and various conceptions of corporate social responsibility (CSR). We conducted 26 semi-structured interviews with managers (...) and stakeholder representatives of five multinational corporations (MNCs) and three small and medium enterprises (SMEs), all headquartered or rooted in Asia. These firms had received public recognition for their CSV engagement. We compared and contrasted interviewees’ conceptions and descriptions of CSV and traditional CSR (philanthropy) and mapped these against Carroll’s four-layer model of responsible corporate management. Interviewees tended to frame CSV as a sustainable business model that generates social and economic value simultaneously. Traditional CSR was characterized as “giving back” some of the surplus from economic returns. In addition, interviewees described examples of strategic CSR, which involved pump-priming interventions for empowering and enabling stakeholders of the CSV practices of the focal firm to participate in the associated wealth and well-being co-creation. Keywords: Corporate social responsibility, creating shared value, qualitative, Asia. (shrink)

Often, liberal democratic states appeal to the importance of shared values for social cohesion. This article considers the significance of shared values for such cohesion. More specifically, it scrutinizes the causal mechanisms that may be involved, the available empirical evidence, and differentiates between different sets of values and their impact. The national identity argument, according to which a shared commitment to the cultural nation promotes social cohesion is critically scrutinized, and it is argued that (...) it is rather liberal and multicultural values that tend to underpin trust and solidarity. (shrink)

Psychological essentialism has played an important role in social psychology, informing influential theories of stereotyping and prejudice as well as questions about wrongdoers’ accountability and their ability to change. In the existing literature, essentialism is often tied to beliefs in shared biology—i.e., the extent to which members of a social group are seen as having the same underlying biological features. Here we investigate the possibility of “value-based essentialism” in which people think of certain social groups in terms of an (...) underlying essence, but that essence is understood as a value. Study 1 explored beliefs about a wide range of social groups and found that both groups with shared biology (e.g., women) and shared values (e.g., hippies) elicited similar general essentialist beliefs relative to more incidental social categories (e.g., English-speakers). In Studies 2-4, participants who read about a group either as being based in biology or in values reported higher general essentialist beliefs compared to a control condition. Because biological essences about social groups have been connected to a number of downstream consequences, we also investigated two test cases concerning value-based essentialism. In Study 3, beliefs about both shared biology and shared values increased inductive generalizations about the social group relative to control, but in Study 4, only the shared biology condition reduced blame for wrongdoing. Together these findings join with recent work to support a broader theoretical framework of essentialism about social groups that can be arrived at through multiple pathways, including, in the present case, shared values. (shrink)

Porter and Kramer are very clear that shared value is not corporate social responsibility. Not only do they criticize the four principles on which CSR rests: moral obligation, sustainability, license to operate, and reputation, as ineffective and vague, they maintain that the only reason for companies to engage in sustainability projects is to decrease costs and thus increase profits, not because they have a corporate responsibility to help protect the environment the people who dwell in it. Because social problems (...) cause extra costs for companies and thus decrease profits, they say that companies should have strategies that might appear to be socially responsible, but are not because the intent is to improve profits. This paper will describe the current definitions and focus of CSR, explain shared value, and then propose ways that commitment to CSR can be made public by leaders and their businesses, such as using social license to operate, third-party assessors, and new business structures. (shrink)