Creation of the general value in the context of strategy of corporate social responsibility

  • Dmitriy Vladimirovich Borzakov Voronezh State University
Keywords: seating shared value, corporate social responsibility, sustainable development, stakeholders, CSR strategy

Abstract

The article explores the concept of creating shared value (CSV) as a new approach to identifying and strengthening the link between social and economic progress. The essence and content of shared value considered in the context of contemporary literature in the field of corporate social responsibility (CSR), stakeholder theory and sustainable development. Analyzed key advantages and disadvantages of CSV concept and potential opportunities and threats of its practical realization. Based on the study results, conclusions about the place and role of creating value in the further development of CSR strategy are made.

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Author Biography

Dmitriy Vladimirovich Borzakov, Voronezh State University

Postgraduate Student, Department of Economics and Management of Organizations

Published
2015-03-31
How to Cite
Borzakov, D. V. (2015). Creation of the general value in the context of strategy of corporate social responsibility. Proceedings of Voronezh State University. Series: Economics and Management, (1), 5-12. Retrieved from https://journals.vsu.ru/econ/article/view/9651