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A decade of research on creating shared value conception: a structured systematic review and future research avenues

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Języki publikacji
EN
Abstrakty
EN
Purpose: Contemporary company management is not only about maximizing profits, but also considering the needs of individual interest groups—a situation that invites special attention to the problems of sustainable consumption. Initiatives like Corporate Social Responsibility (CSR) and Creating Shared Value (CSV) are an opportunity for companies to help specific groups in need. A decade ago, criticisms of CSR motivated the creation of a new concept (CSV) that assumes a co-creation of value between companies and customers. However, the discussion around this concept has been fragmented; thus, this paper aims to conduct a comprehensive review of the literature around the CSV concept. Design/methodology/approach: Bibliometric analysis and TCCM (Theory, Characteristics, Context and Methodologies) analysis were applied to 46 thematic works. Findings: This analysis revealed some questions about CSV that merit further research. Basing on 46 articles we can state that most of the research around CSV concerns highly developed countries, whose economic stability may shape how often people decide to help others. For instance, we found no research that examines strongly supportive communities and how they behave to generate community wealth. Research limitations/implications: We limited the search to publications in English, we did not consider other potentially relevant articles published in other languages. Moreover the analyzed articles came from one data source (Web of Sciences bibliographic database). Originality/value: The analysis of the literature on the subject is of unique value; moreover, it helps to define the direction of the CSV concept. Furthermore, based on the analysis of the TCCM, it is worth exploring the consumer side of the shared value creation process in the future. Gaining more complete knowledge of all participants in the process may serve in the future to build long-term relationships affecting the overall wellbeing and development of the region, in which the co-operative process takes place.
Rocznik
Tom
Strony
401--418
Opis fizyczny
Bibliogr. 61 poz.
Bibliografia
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  • 3. Blenkhorn, D.L., MacKenzie, H.F. (2017). Categorizing corporate social responsibility (CSR) initiatives in B2B markets: the why, when and how. Journal of Business & Industrial Marketing, 32(8), 1172-1181. https://doi.org/10.1108/JBIM-02-2016-0036.
  • 4. Bowe, C., der Horst, D. (2015). Positive externalities, knowledge exchange and corporate farm extension services; a case study on creating shared value in a water scarce area. Ecosystem Services, 15, 1-10. https://doi.org/10.1016/j.ecoser.2015.05.009.
  • 5. Campos-Climent, V., Sanchis-Palacio, J.R. (2017). The influence of knowledge absorptive capacity on shared value creation in social enterprises. Journal of Knowledge Management, 21(5), 1163-1182. https://doi.org/10.1108/jkm-02-2017-0084.
  • 6. Carroll, A.B. (2016). Carroll’s pyramid of CSR: taking another look. International Journal of Corporate Social Responsibility, 1(1), 3. https://doi.org/10.1186/s40991-016-0004-6.
  • 7. Chen, Y.-R.R., Hung-Baesecke, C.-J.F., Bowen, S.A., Zerfass, A., Stacks, D.W., Boyd, B. (2020). The role of leadership in shared value creation from the public’s perspective: A multi-continental study. Public Relations Review, 46(1). https://doi.org/10.1016/j.pubrev.2018.12.006.
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  • 10. Corazza, L., Scagnelli, S.D., Mio, C. (2017). Simulacra and Sustainability Disclosure: Analysis of the Interpretative Models of Creating Shared Value. Corporate Social Responsibility and Environmental Management, 24(5), 414-434. https://doi.org/10.1002/csr.1417.
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  • 15. Fernández-Gámez, M., Gutiérrez-Ruiz, A., Becerra-Vicario, R., Ruiz-Palomo, D. (2019). The Effects of Creating Shared Value on the Hotel Performance. Sustainability, 11(6). https://doi.org/10.3390/su11061784.
  • 16. Fernández-Gámez, M.Á., Gutiérrez-Ruiz, A.M., Becerra-Vicario, R., Ruiz-Palomo, D. (2020). The impact of creating shared value on hotels online reputation. Corporate Social Responsibility and Environmental Management, 27(5), 2201-2211. https://doi.org/10.1002/csr.1958.
  • 17. Font, X., Guix, M., Bonilla-Priego, M.J. (2016). Corporate social responsibility in cruising: Using materiality analysis to create shared value. Tourism Management, 53, 175-186. https://doi.org/10.1016/j.tourman.2015.10.007.
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  • 19. Giuliani, E., Tuan, A., Calvimontes Cano, J. (2020). Creating Shared Value Meets Human Rights: A Sense-Making Perspective in Small-Scale Firms. Journal of Business Ethics, 173(3), 489-505. https://doi.org/10.1007/s10551-020-04511-7.
  • 20. Gong, Y., Liu, J., Zhu, J. (2019). When to increase firms’ sustainable operations for efficiency? A data envelopment analysis in the retailing industry. European Journal of Operational Research, 277(3), 1010-1026. https://doi.org/10.1016/j.ejor.2019.03.019.
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  • 27. Jones, S., Wright, C., Smith, T. (2016). Fashion or future: does creating shared value pay? Accounting & Finance, 58(4), 1111-1139. https://doi.org/10.1111/acfi.12243.
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  • 29. Kelley, K.J., Hemphill, T.A., Thams, Y. (2019). Corporate social responsibility, country reputation and corporate reputation. Multinational Business Review, 27(2), 178-197. https://doi.org/10.1108/mbr-07-2017-0047.
  • 30. Kim, R.C., Saito, A., Avvari, V.M. (2020). Interpretation and integration of “creating shared value” in Asia: implications for strategy research and practice. Asian Business & Management, 19(4), 379-406. https://doi.org/10.1057/s41291-019-00064-4.
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  • 35. Lee, D., Moon, J., Cho, J., Kang, H.-G., Jeong, J. (2014). From corporate social responsibility to creating shared value with suppliers through mutual firm foundation in the Korean bakery industry: a case study of the SPC Group. Asia Pacific Business Review, 20(3), 461-483. https://doi.org/10.1080/13602381.2014.929301.
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  • 41. Park, K.O. (2020). How CSV and CSR Affect Organizational Performance: A Productive Behavior Perspective. International Journal ofEnvironmental Research and Public Health, 17(7), 2556. https://www.mdpi.com/1660-4601/17/7/2556.
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