The Meaning of Shared Value: New Perspective on Creating Shared Value

Creating Shared Value (CSV) is a corporate policy and strategy that creates economic value for society, but has sparked a debate among academics, proponents, and sceptics. The book develops a meta-critical examination of the hidden presuppositions of both supporters and critics, arguing that there is only one type of value: the creation of well-being. It discusses the distinction between economic and social value, and the two implicit opposed viewpoints on the philosophy of history: an antagonistic and a cooperative view. The book is addressed to readers with an interest in the core concept of value, primarily in economics, strategic management, and philosophy.

Format: Hardback
Length: 82 pages
Publication date: 20 June 2023
Publisher: Taylor & Francis Ltd

The concept of Creating Shared Value (CSV) has gained significant prominence in recent years as a corporate policy and strategy, particularly among third sector or development organizations. While it has garnered considerable interest among business leaders and practitioners, it has also sparked a passionate debate among academics, proponents, and skeptics of the idea. This book undertakes a meta-critical examination of the underlying presuppositions of both supporters and critics of CSV, particularly in relation to the concept of value. It argues that there is only one type of value, which essentially means the creation of well-being. The distinction drawn relates to the value capture (how the value created is distributed among different stakeholders) rather than value creation (additions to potential well-being) since the notion of value itself is univocal.

Behind the debate lie two implicit opposed viewpoints on the philosophy of history: an antagonistic (pessimistic) and a cooperative (optimistic) view. The authors are thus led to a discussion of which of these two visions appears to be the most rational in today's world. The book is intended for readers with an interest in the core concept of value, particularly in economics, strategic management, and philosophy.

Weight: 214g
Dimension: 144 x 223 x 12 (mm)
ISBN-13: 9781032505428