Contesting the Value of “Creating Shared Value”

  title={Contesting the Value of “Creating Shared Value”},
  author={Andrew Crane and Guido Palazzo and Laura J. Spence and Dirk Matten},
  journal={California Management Review},
  pages={130 - 153}
This article 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; it ignores the tensions inherent to responsible business activity; it is na… 

Creating Shared Value. A Fundamental Critique

This article offers a fundamental critique of Michael Porter’s and Marc Kramer’s “Creating Shared Value” (CSV) concept. First, the authors summarise the positive and negative criticism which CSV has

Between Enthusiasm and Overkill. Assessing Michael Porter’s Conceptual Management Frame of Creating Shared Value

Michael E. Porter and Mark R. Kramer have been very successful, in terms of impact in the business community, in introducing a new management framework whose programmatic title points to the creation

Exploring the Origins of Creating Shared Value in the CSR Literature

This article seeks to provide theoretical evidence to trace the origins of the idea behind the model Creating Shared Value (CSV), proposed by Porter and Kramer in 2011, whose originality is

Response to Porter: Responsibility for Realising the Promise of Shared Value

Michael Porter has crystallized his approach to sustainability and social issues in management with the “Creating Shared Value” (CSV) framework he recently set forth in the Harvard Business Review

Shared Value in Finance: Revisiting Shared Value In Light of the Person-Centered Approach

The publication of Michael Porter and Mark Kramer’s Creating Shared Value (Harvard Business Review, 2011) challenges both the academic literature on corporate social responsibility as well as


Over the last few years, we have witnessed the rapid development of Michael Porter and Mark Kramer's "Creating Shared Value - CSV" strategy. It builds on the philosophy of Corporate Social

Creating Shared Value. Looking at Shared Value Through an Aristotelian Lens

While capitalism has proven to be one of the most efficient economic engines in modern history, the goal of simply pursuing profit has, according to many, left some of society’s needs unmet if not


“In recent years, business increasingly has been viewed as a major cause of social, environmental and economic problems”. Shared value gurus Porter and Kramer (2011) argue that a big part of the

Shared Value Through Inner Knowledge Creation

The notion of shared value presents business with a challenge: to generate social benefit and profit simultaneously. This challenge involves resolving tensions/paradoxes inherent when integrating the

Defining CSR: Problems and Solutions

The ubiquity of the term CSR threatens its carrying any distinctive meaning. Despite its long history no consensus has been developed among the industry participants, academics or other interested



Stakeholder Theory and "The Corporate Objective Revisited"

This paper offers a response to Sundaram and Inkpen's article "The Corporate Objective Revisited" by clarifying misconceptions about stakeholder theory and concluding that truth and freedom are best served by seeing business and ethics as connected.

Corporate Social Performance Disoriented: Saving the Lost Paradigm?

Corporate social performance (CSP) has been a prominent concept in the management literature dealing with the social role and impacts of the corporation; it has been promulgated as a unifying

The Coming Transformation of Shareholder Value

This essay challenges the primacy of shareholder value. Shareholder primacy originates not in company law, but rather in the norms and practices surrounding the rise of the hostile takeover movement

Two and a Half Cheers for Conscious Capitalism

In recent years, the idea of conscious capitalism has emerged as an important alternative approach to the problems confronting American capitalism. Embraced by a number of corporations and prominent

Updating the Critical Perspective on Corporate Social Responsibility

This paper argues that Corporate Social Responsibility (CSR) is a key element of the new neo-liberalism as it searches for both legitimacy and new sources of innovation. Rather than simply being a

Strategy and society: the link between competitive advantage and corporate social responsibility.

A fundamentally new way is proposed to look at the relationship between business and society that does not treat corporate growth and social welfare as a zero-sum game and introduces a framework that individual companies can use to identify the social consequences of their actions.

The Power of Activism: Assessing the Impact of NGOs on Global Business

Recent decades have witnessed the proliferation of non-governmental organizations (NGOs) and the emergence of activism across a wide variety of issue areas. On topics ranging from human rights to

The path to corporate responsibility.

  • S. Zadek
  • Business
    Harvard business review
  • 2004
Nike's arduous trek through five stages of corporate responsibility is described-from the company's initial defensive stance, when accusations about working conditions arose, all the way to its engagement today in the international debate about business's role in society and in public policy.

Towards the Sustainable Corporation: Win-Win-Win Business Strategies for Sustainable Development

From the sustainable development policies of far-sighted governments to the increasing environmental awareness—and cynicism—of consumers, a range of pressures is being brought to bear on business to

Misery Loves Companies: Rethinking Social Initiatives by Business

Companies are increasingly asked to provide innovative solutions to deep-seated problems of human misery, even as economic theory instructs managers to focus on maximizing their shareholders' wealth.