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Can Creating Shared Value (CSV) and the United Nations Sustainable Development Goals (UN SDGs) Collaborate for a Better World? Insights from East Asia

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  • Rebecca Chunghee Kim

    (College of International Management & Graduate School of Management, Ritsumeikan Asia Pacific University, Beppu 874-8577, Japan)

Abstract

Little is known regarding how and to what extent the emerging concept of creating shared value (CSV) can be integrated into unique Asian market dynamics. In this paper, we conduct a comparative content analysis of 240 sustainability reports on Japan, Korea, and China, spanning the period of 2012–2105. We find that CSV in Asia is a discrepant phenomenon with little theoretical and empirical support. Each country has a disorderly approach toward CSV mainly because of unique cultural and institutional contexts. More substantively, in Korea, CSV—although in decline—is seen as a popular alternative to philanthropy, while the Japanese remain cautious. In China, there is little interest in CSV. Thus, there is a possibility of CSV disappearing altogether because of scant theoretical and empirical support. To address this gap, we propose a “CSV–SDGs Collaborative Model of East Asia” (where SDGs refer to sustainable development goals). This model could contribute to early-stage CSV–SDGs collaboration for sustainable development in Asia.

Suggested Citation

  • Rebecca Chunghee Kim, 2018. "Can Creating Shared Value (CSV) and the United Nations Sustainable Development Goals (UN SDGs) Collaborate for a Better World? Insights from East Asia," Sustainability, MDPI, vol. 10(11), pages 1-26, November.
    • Handle: RePEc:gam:jsusta:v:10:y:2018:i:11:p:4128-:d:181834
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    1. Szennay, Áron, 2020. "A vállalati társadalmi felelősségvállalás megközelítései és a fenntartható fejlődés [How popular approaches to corporate social responsibility relate to sustainable development]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(10), pages 1057-1074.
    2. Rebecca Chunghee Kim & Akira Saito & V. Mohan Avvari, 2020. "Interpretation and integration of “creating shared value” in Asia: implications for strategy research and practice," Asian Business & Management, Palgrave Macmillan, vol. 19(4), pages 379-406, September.
    3. Rebecca Chunghee Kim & Akira Saito & V. Mohan Avvari, 0. "Interpretation and integration of “creating shared value” in Asia: implications for strategy research and practice," Asian Business & Management, Palgrave Macmillan, vol. 0, pages 1-28.
    4. Amr ElAlfy & Nicholas Palaschuk & Dina El-Bassiouny & Jeffrey Wilson & Olaf Weber, 2020. "Scoping the Evolution of Corporate Social Responsibility (CSR) Research in the Sustainable Development Goals (SDGs) Era," Sustainability, MDPI, vol. 12(14), pages 1-21, July.
    5. Shekhar & Debadyuti Das, 2023. "Enablers of ‘Creating Shared Value’: A Total Interpretive Structural Modeling–Polarity Approach," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 24(2), pages 291-318, June.
    6. Alan Smith Purba & Eko Ganis Sukoharsono & Bambang Hariadi, 2020. "The Meaningful practice creating shared value as a contribute to sustainable development goals:Case study at Pt Pupuk Kaltim," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 9(7), pages 222-232, December.
    7. Khurshid, Hamid & Snell, Robin Stanley, 2021. "Examining mechanisms for creating shared value by Asian firms," Journal of Business Research, Elsevier, vol. 129(C), pages 122-133.
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    10. Tomomi Yamane & Shinji Kaneko, 2021. "What Motivates Stakeholders to Demand Corporate Social Responsibility: A Survey Experiment," Sustainability, MDPI, vol. 13(15), pages 1-15, July.
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