Abstract

http://ssrn.com/abstract=2368387
 


 



Contesting the Value of the Shared Value Concept


Andrew Crane


York University - Schulich School of Business

Guido Palazzo


University of Lausanne

Laura J. Spence


University of London - Royal Holloway College

Dirk Matten


York University - Schulich School of Business

December 16, 2013

California Management Review, vol 56/2, Winter 2014, Forthcoming

Abstract:     
This paper critiques Porter and Kramer’s concept of creating shared value. The strengths of the idea are highlighted in terms of its popularity among practitioner and academic audiences, its connecting of strategy and social goals, and its systematizing of some previously underdeveloped, disconnected areas of research and practice. However, the concept suffers from some serious shortcomings, namely it: is unoriginal; ignores the tensions inherent to responsible business activity; is naïve about business compliance; and is based on a shallow conception of the corporation's role in society.

Number of Pages in PDF File: 35

Keywords: Corporate social responsibility, Business and society, Stakeholders, Philanthropy, Partnerships, Ethics

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Date posted: December 17, 2013  

Suggested Citation

Crane, Andrew and Palazzo, Guido and Spence, Laura J. and Matten, Dirk, Contesting the Value of the Shared Value Concept (December 16, 2013). California Management Review, vol 56/2, Winter 2014, Forthcoming. Available at SSRN: http://ssrn.com/abstract=2368387

Contact Information

Andrew Crane (Contact Author)
York University - Schulich School of Business ( email )
4700 Keele Street
Toronto, Ontario M3J 1P3
Canada
Guido Palazzo
University of Lausanne ( email )
Lausanne, 1015
Switzerland
Laura J. Spence
University of London - Royal Holloway College ( email )
Egham
Surrey, TW20 0EX
United Kingdom
Dirk Matten
York University - Schulich School of Business ( email )
4700 Keele Street
Toronto, Ontario M3J 1P3
Canada
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