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The role of the state incentive in creating shared value (case study: Republic of Bulgaria)

Author

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  • Rumyana Angelova

Abstract

The commitments of Bulgaria tothe European Union bring to the fore the need to conduct economic policies that stimulate business growthand sustainability. The concept of creating shared value (CSV) builds on the ideas of the philosophyof corporate social responsibility (CSR) and represents a step forward in bringing together businessand government efforts to solve social problems. This is proved by comparing CSV and CSR andhighlighting their similarities and differences. The thesis is defended that the state could and muststimulate economic agents to create shared value, and its effect is multiplied on micro and macrolevel.

Suggested Citation

  • Rumyana Angelova, 2015. "The role of the state incentive in creating shared value (case study: Republic of Bulgaria)," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 136-144.
  • Handle: RePEc:bas:econth:y:2015:i:5:p:136-144
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    More about this item

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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