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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Meaning of Shared Value: New Perspective on Creating Shared Value

The Meaning of Shared Value: New Perspective on Creating Shared Value

Ricci, Paolo
O'Sullivan, Patrick
Fusco, Floriana

Hardcover

Series: Routledge Frontiers of Political Economy

Business GeneralEconomicsSocial Movements

ISBN10: 1032505427
ISBN13: 9781032505428
Publisher: Routledge
Published: Jun 20 2023
Pages: 82
Weight: 0.56
Height: 0.25 Width: 5.50 Depth: 8.50
Language: English
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.

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