Value creation and CSR
نویسندگان
چکیده
A more robust, inclusive model of value creation will sharpen dominant normative theories Corporate Social Responsibility (CSR) such as stakeholder theory and the communicative/deliberative democracy. When measuring creation, CSR oscillate between traditional, exchange-based approaches utilizing narrow financial metrics value-oriented embedded in prominent theories. The two are often conflict. problem is aggravated by CSR’s assumption that all firms, regardless industry, possess same generic responsibilities. mining company, a sports betting service, medical device manufacturer on fours when success. paper identifies contradiction settled convictions corporate decision making prescribe. Using pharmaceutical industry an example, it references widespread conviction during 2019 Covid-19 pandemic some companies had responsibility to reach beyond goal optimization. It then explains why this cannot be rationalized using CSR, namely, hinges defective creation. One implication analysis healthcare should readjust governance order make health focal alongside profit. At time, semiconductor firm might satisfy its responsibilities only designating profit goal. thrust show reconceiving can advance not democracy theories, but CSR.
منابع مشابه
Innovative CSR: From Risk Management to Value Creation
Tel: +44 (0)114 282 3475 Fax: +44 (0)114 282 3476 [email protected] http:// www.greenleaf-publishing.com S U S T A I N A B I L I T Y • R E S P O N S I B I L I T Y • A C C O U N T A B I L I T Y This PDF is governed by copyright law, which prohibits unauthorised copying, distribution, public display, public performance, and preparation of derivative works. this chapter is an excerpt from
متن کاملValue Creation and Profit Optimization
The present paper presents a basic framework for evaluating and optimizing profits in a business operation. In building up a business we are often faced with an infinity of choices ranging from what products or services to sell and what customers to target to how to manufacture and market the products. To support the decision-making process a semi-quantitative dimension is here added to the tra...
متن کامل“HRM and Shareholders’ Value Creation”
It’s conceptually attractive to look for connection between performance, HRM and economic situation. How measure epiphenomenon’s impact when we can’t isolate that from global strategy? If casual relations maybe established, event can be interpreted in several ways (e.g. its chicken and egg situation...). This paper presents the results of a research on corporate performance measured by the crea...
متن کاملHybrid Value Creation
More and more firms shift their focus from offering standalone products or services towards hybrid value creation. While previous research clearly states four value creating attributes, their role and impact in different types of hybrid offerings is so far unclear. To close this gap, this paper investigates 52 successful offerings of hybrid value creation and provides an organizational perspect...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Business Economics
سال: 2023
ISSN: ['1861-8928', '0044-2372']
DOI: https://doi.org/10.1007/s11573-022-01131-7