Meaning of Shared Value

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A01=Floriana Fusco
A01=Paolo Ricci
A01=Patrick O'Sullivan
Author_Floriana Fusco
Author_Paolo Ricci
Author_Patrick O'Sullivan
Business Case
Business Case Approach
Category=KCA
Category=QDTQ
controversies
corporate social responsibility
CSO
CSR
CSR Activity
CSR Literature
distributional justice
Distributional Question
economic philosophy
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eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Financial Management Literature
Follow
Good Life
Great Financial Crisis
Hegelian Dialectical Logic
Held
Individual Business Enterprise
Keynes
Marginal Utility
Master Slave Dialectic
meaning
new perspective
philosophical foundations of value
Potential Pareto Improvement
Rational Economic Men
rational optimism
Recent Newspaper Articles
Refocusing
shared value
stakeholder theory
Strategic CSR
Strategic Interdependence
SVM
Ultimate Regulator
value
value creation debate

Product details

  • ISBN 9781032505428
  • Weight: 200g
  • Dimensions: 138 x 216mm
  • Publication Date: 20 Jun 2023
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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The concept of Creating Shared Value (CSV) – creating 'economic' value in a way that also creates value for the whole of society – has risen in prominence as a corporate policy and a strategy in recent years, mainly for third sector or development organisations. However, while it has received considerable interest among business leaders and practitioners, it has also sparked a bitter debate among academics, proponents and sceptics of the idea. Starting from this argument, the book develops a meta-critical examination of the hidden presuppositions of both supporters and critics of Creating Shared Value, particular in relation to the concept of value. It is argued that there are not two separate types of value, i.e. an economic value and a social value, but only a unique one: which essentially means the creation of well-being. If anything, the distinction that is drawn relates to the value capture (how the value created is distributed among different staekholders) and not to value creation (additions to potential well-being) since the notion of value itself is univocal. Behind the debate are two implicit opposed viewpoints on the philosophy of history: an antagonistic (pessimistic) and a cooperative (optimistic) view. The authors are thus led to a discussion of which of the two visions appears to be the most rational in today's world. The book is addressed to readers with an interest in the core concept of value, primarily in economics, strategic management, and philosophy.

Paolo Ricci is a Full Professor of Business Administration and Public Accountability at the University of Naples Federico II, Italy. He coordinated several international research projects and he is a member of numerous editorial committees. Paolo was also member of the economic policy Staff of the Italian President of the Council of Ministers (2020–2021). His research studies and publications primarily focus on corporate social responsibility, accountability and social reporting, mainly in the public sector.

Patrick O’Sullivan is Full Professor at Grenoble Ecole de Management, France. He served as Director of Studies (2006–2009) and Head of Department of People Organisations and Society (2009–2012). His research interests include Critical Scientific Methodology, Business Ethics, Transport Policy issues and System Timetabling/Planning, a field in which he has some consultancy experience.

Floriana Fusco is a post-doctoral researcher at the University of Sannio, Italy. She is a member of the scientific committee of Mecosan journal and a member of several national and international academic societies. Her main research fields include social responsibility and sustainability reporting, coproduction and co-creation of value, third mission and entrepreneurial universities.

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