Corporate Social Responsibility and Creating Shared Value: Case of Latvia

International Journal of Social, Behavioral, Educational, Economic, Business and Industrial Engineering; Proceedings of World Academy of Science, Engineering and Technology 2012
Inga Lapiņa, Indra Borkus, Olga Stariņeca

Creating shared value (CSV) is a newly introduced concept whose essence and expressions, relationship to Corporate social responsibility (CSR) and implications for the business and society is now at the core of management and social responsibility debates of the scientific world. The aim of the paper is to gain clearer understanding of the CSR and CSV concepts, their implementation and role in sustainable development of organizations in Latvia. In this paper the authors discuss and compare the two concepts and, based on the results of Sustainability Index (SI) initiative and analysis of publicly available company information, evaluate their implementation in Latvia and draw conclusions on the development trends and potential of these approaches in Latvian market.

Keywords
Corporate Social Responsibility, Creating Shared Value, Sustainability Index
Hyperlink
http://waset.org/publications/7540/corporate-social-responsibility-and-creating-shared-value-case-of-latvia

Lapiņa, I., Borkus, I., Stariņeca, O. Corporate Social Responsibility and Creating Shared Value: Case of Latvia. International Journal of Social, Behavioral, Educational, Economic, Business and Industrial Engineering; Proceedings of World Academy of Science, Engineering and Technology, 2012, Issue 68, pp.1886-1892. ISSN 1307-6884. e-ISSN 2010-3778.

Publication language
English (en)