IDEAS home Printed from https://ideas.repec.org/a/ibn/jmsjnl/v7y2017i4p98-111.html
   My bibliography  Save this article

Shared Value Literature Review: Implications for Future Research from Stakeholder and Social Perspective

Author

Listed:
  • Asoke Rocky Mehera

Abstract

The review of the literature on shared value has denoted that this concept been approached as both generic and theoretical/conceptual framework for the simultaneous creation of social and economic value. Based upon the dominant trends in shared value literature, the proposed study has attempted to provide two broad strategic directions (i.e., stakeholder engagement, social innovation) regarding further research around shared value creation. The significance of the study has been demonstrated in the fact that these two new directions on stakeholders and society would expand the three-level framework of shared value toward a multi-level holistic framework for co-creation of value.

Suggested Citation

  • Asoke Rocky Mehera, 2017. "Shared Value Literature Review: Implications for Future Research from Stakeholder and Social Perspective," Journal of Management and Sustainability, Canadian Center of Science and Education, vol. 7(4), pages 98-111, December.
  • Handle: RePEc:ibn:jmsjnl:v:7:y:2017:i:4:p:98-111
    as

    Download full text from publisher

    File URL: http://www.ccsenet.org/journal/index.php/jms/article/view/71599/39146
    Download Restriction: no

    File URL: http://www.ccsenet.org/journal/index.php/jms/article/view/71599
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Francesco Perrini & Angeloantonio Russo & Antonio Tencati & Clodia Vurro, 2011. "Deconstructing the Relationship Between Corporate Social and Financial Performance," Journal of Business Ethics, Springer, vol. 102(1), pages 59-76, March.
    2. Andreas Georg Scherer & Guido Palazzo & David Seidl, 2013. "Managing Legitimacy in Complex and Heterogeneous Environments: Sustainable Development in a Globalized World," Journal of Management Studies, Wiley Blackwell, vol. 50(2), pages 259-284, March.
    3. Ilze Kivleniece & Bertrand Quélin, 2012. "Creating and Capturing Value in Public-Private Ties: A Private Actor's Perspective," Post-Print hal-00677772, HAL.
    4. Deng, Xin & Kang, Jun-koo & Low, Buen Sin, 2013. "Corporate social responsibility and stakeholder value maximization: Evidence from mergers," Journal of Financial Economics, Elsevier, vol. 110(1), pages 87-109.
    5. Dubois, Cathy L. Z. & Dubois, David A., 2012. "Expanding the Vision of Industrial–Organizational Psychology Contributions to Environmental Sustainability," Industrial and Organizational Psychology, Cambridge University Press, vol. 5(4), pages 480-483, December.
    6. Domenico Dentoni & Verena Bitzer & Stefano Pascucci, 2016. "Cross-Sector Partnerships and the Co-creation of Dynamic Capabilities for Stakeholder Orientation," Journal of Business Ethics, Springer, vol. 135(1), pages 35-53, April.
    7. Lukman Raimi & Innocent Akhuemonkhan & Olakunle Dare Ogunjirin, 2015. "Corporate Social Responsibility and Entrepreneurship (CSRE): antidotes to poverty, insecurity and underdevelopment in Nigeria," Social Responsibility Journal, Emerald Group Publishing Limited, vol. 11(1), pages 56-81, March.
    8. Esben Rahbek Gjerdrum Pedersen & Morten Hove Henriksen & Claus Frier & Jeanette Søby & Vernon Jennings, 2013. "Stakeholder thinking in sustainability management: the case of Novozymes," Social Responsibility Journal, Emerald Group Publishing Limited, vol. 9(4), pages 500-515, September.
    9. Gail Whiteman & Brian Walker & Paolo Perego, 2013. "Planetary Boundaries: Ecological Foundations for Corporate Sustainability," Journal of Management Studies, Wiley Blackwell, vol. 50(2), pages 307-336, March.
    10. Korhonen, Heidi, 2013. "Organizational needs: A co-creation and human systems perspective," jbm - Journal of Business Market Management, Free University Berlin, Marketing Department, vol. 6(4), pages 214-227.
    11. Itziar Castelló & Michael Etter & Finn Årup Nielsen, 2016. "Strategies of Legitimacy Through Social Media: The Networked Strategy," Journal of Management Studies, Wiley Blackwell, vol. 53(3), pages 402-432, May.
    12. Laura Galuppo & Mara Gorli & Giuseppe Scaratti & Cesare Kaneklin, 2014. "Building social sustainability: multi-stakeholder processes and conflict management," Social Responsibility Journal, Emerald Group Publishing Limited, vol. 10(4), pages 685-701, September.
    13. Scholz, Markus & Reyes, Gaston de los, 2015. "Creating Shared Value – Grenzen und Vorschlaege für eine Weiterentwicklung (Creating Shared Value – Limits and Suggestions for Further Development)," Zeitschrift für Wirtschafts- und Unternehmensethik - Journal for Business, Economics & Ethics, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 16(2), pages 192-202.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Adriana PETRE, 2019. "Methodological Options For Analyzing Shared Value During Cluster Development," EURINT, Centre for European Studies, Alexandru Ioan Cuza University, vol. 6, pages 230-246.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Krzysztof Dembek & Prakash Singh & Vikram Bhakoo, 2016. "Literature Review of Shared Value: A Theoretical Concept or a Management Buzzword?," Journal of Business Ethics, Springer, vol. 137(2), pages 231-267, August.
    2. Christopher Wickert, 2021. "Corporate Social Responsibility Research in the Journal of Management Studies: A Shift from a Business‐Centric to a Society‐Centric Focus," Journal of Management Studies, Wiley Blackwell, vol. 58(8), pages 1-17, December.
    3. Pornanong Budsaratragoon & Boonlert Jitmaneeroj, 2021. "Corporate Sustainability and Stock Value in Asian–Pacific Emerging Markets: Synergies or Tradeoffs among ESG Factors?," Sustainability, MDPI, vol. 13(11), pages 1-25, June.
    4. Patrick Haack & Oliver Schilke & Lynne Zucker, 2021. "Legitimacy Revisited: Disentangling Propriety, Validity, and Consensus," Journal of Management Studies, Wiley Blackwell, vol. 58(3), pages 749-781, May.
    5. Shivaram Rajgopal & Prasanna Tantri, 2023. "Does a Government Mandate Crowd Out Voluntary Corporate Social Responsibility? Evidence from India," Journal of Accounting Research, Wiley Blackwell, vol. 61(1), pages 415-447, March.
    6. Tobias Hahn & Frank Figge & Jonatan Pinkse & Lutz Preuss, 2018. "A Paradox Perspective on Corporate Sustainability: Descriptive, Instrumental, and Normative Aspects," Journal of Business Ethics, Springer, vol. 148(2), pages 235-248, March.
    7. Paul T. M. Ingenbleek & Domenico Dentoni, 2016. "Learning from Stakeholder Pressure and Embeddedness: The Roles of Absorptive Capacity in the Corporate Social Responsibility of Dutch Agribusinesses," Sustainability, MDPI, vol. 8(10), pages 1-18, October.
    8. Christopher Wickert & Andreas Georg Scherer & Laura J. Spence, 2016. "Walking and Talking Corporate Social Responsibility: Implications of Firm Size and Organizational Cost," Journal of Management Studies, Wiley Blackwell, vol. 53(7), pages 1169-1196, November.
    9. Verena Girschik, 2020. "Managing Legitimacy in Business‐Driven Social Change: The Role of Relational Work," Journal of Management Studies, Wiley Blackwell, vol. 57(4), pages 775-804, June.
    10. Tobias Hahn & Frank Figge, 2018. "Why Architecture Does Not Matter: On the Fallacy of Sustainability Balanced Scorecards," Journal of Business Ethics, Springer, vol. 150(4), pages 919-935, July.
    11. Steffen Maas & Tassilo Schuster & Evi Hartmann, 2018. "Stakeholder Pressures, Environmental Practice Adoption and Economic Performance in the German Third-party Logistics Industry—A Contingency Perspective," Journal of Business Economics, Springer, vol. 88(2), pages 167-201, February.
    12. Christian Voegtlin & Andreas Georg Scherer, 2017. "Responsible Innovation and the Innovation of Responsibility: Governing Sustainable Development in a Globalized World," Journal of Business Ethics, Springer, vol. 143(2), pages 227-243, June.
    13. Bryl Lukasz & Supino Enrico, 2022. "Sustainability Disclosure in Social Media – Substitutionary or Complementary to Traditional Reporting?," Journal of Intercultural Management, Sciendo, vol. 14(3), pages 41-62, September.
    14. 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.
    15. Yujing Gong & Cheng Yan & Kung‐Cheng Ho, 2021. "The effect of managerial ability on corporate social responsibility and firm value in the energy industry," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 28(2), pages 581-594, March.
    16. Anna Katharina Provasnek & Erwin Schmid & Bernhard Geissler & Gerald Steiner, 2017. "Sustainable Corporate Entrepreneurship: Performance and Strategies Toward Innovation," Business Strategy and the Environment, Wiley Blackwell, vol. 26(4), pages 521-535, May.
    17. Jongmoo Jay Choi & Hoje Jo & Jimi Kim & Moo Sung Kim, 2018. "Business Groups and Corporate Social Responsibility," Journal of Business Ethics, Springer, vol. 153(4), pages 931-954, December.
    18. Leon Zolotoy & Don O’Sullivan & Keke Song, 2021. "The Role of Ethical Standards in the Relationship Between Religious Social Norms and M&A Announcement Returns," Journal of Business Ethics, Springer, vol. 170(4), pages 721-742, May.
    19. Fang, Mingyue & Nie, Huihua & Shen, Xinyi, 2023. "Can enterprise digitization improve ESG performance?," Economic Modelling, Elsevier, vol. 118(C).
    20. Natalie Slawinski & Jonatan Pinkse & Timo Busch & Subhabrata Bobby Banerjeed, 2014. "The role of short-termism and uncertainty in organizational inaction on climate change: multilevel framework," Working Papers hal-00961226, HAL.

    More about this item

    Keywords

    creating shared value (CSV); stakeholder engagement and social innovation;

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ibn:jmsjnl:v:7:y:2017:i:4:p:98-111. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Canadian Center of Science and Education (email available below). General contact details of provider: https://edirc.repec.org/data/cepflch.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.