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Can Creating Shared Value (CSV) and the United Nations Sustainable Development Goals (UN SDGs) Collaborate for a Better World? Insights from East Asia

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  • Rebecca Chunghee Kim

    (College of International Management & Graduate School of Management, Ritsumeikan Asia Pacific University, Beppu 874-8577, Japan)

Abstract

Little is known regarding how and to what extent the emerging concept of creating shared value (CSV) can be integrated into unique Asian market dynamics. In this paper, we conduct a comparative content analysis of 240 sustainability reports on Japan, Korea, and China, spanning the period of 2012–2105. We find that CSV in Asia is a discrepant phenomenon with little theoretical and empirical support. Each country has a disorderly approach toward CSV mainly because of unique cultural and institutional contexts. More substantively, in Korea, CSV—although in decline—is seen as a popular alternative to philanthropy, while the Japanese remain cautious. In China, there is little interest in CSV. Thus, there is a possibility of CSV disappearing altogether because of scant theoretical and empirical support. To address this gap, we propose a “CSV–SDGs Collaborative Model of East Asia” (where SDGs refer to sustainable development goals). This model could contribute to early-stage CSV–SDGs collaboration for sustainable development in Asia.

Suggested Citation

  • Rebecca Chunghee Kim, 2018. "Can Creating Shared Value (CSV) and the United Nations Sustainable Development Goals (UN SDGs) Collaborate for a Better World? Insights from East Asia," Sustainability, MDPI, vol. 10(11), pages 1-26, November.
    • Handle: RePEc:gam:jsusta:v:10:y:2018:i:11:p:4128-:d:181834
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    2. Rebecca Chunghee Kim & Akira Saito & V. Mohan Avvari, 2020. "Interpretation and integration of “creating shared value” in Asia: implications for strategy research and practice," Asian Business & Management, Palgrave Macmillan, vol. 19(4), pages 379-406, September.
    3. Franco Fassio & Marcello Bogetti & Damiano Cortese & Alessandra Savina, 2022. "SEeD for Change: The Systemic Event Design Project Applied to Terra Madre Salone del Gusto for the Development of Food Communities," Sustainability, MDPI, vol. 14(24), pages 1-21, December.
    4. Rebecca Chunghee Kim & Akira Saito & V. Mohan Avvari, 0. "Interpretation and integration of “creating shared value” in Asia: implications for strategy research and practice," Asian Business & Management, Palgrave Macmillan, vol. 0, pages 1-28.
    5. Henry Kuswantoro & Mahfud Sholihin & Hadrian Geri Djajadikerta, 2023. "Exploring the implementation of sustainable development goals: a comparison between private and state-owned enterprises in Indonesia," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(10), pages 10799-10819, October.
    6. Tomomi Yamane & Shinji Kaneko, 2021. "What Motivates Stakeholders to Demand Corporate Social Responsibility: A Survey Experiment," Sustainability, MDPI, vol. 13(15), pages 1-15, July.
    7. Amr ElAlfy & Nicholas Palaschuk & Dina El-Bassiouny & Jeffrey Wilson & Olaf Weber, 2020. "Scoping the Evolution of Corporate Social Responsibility (CSR) Research in the Sustainable Development Goals (SDGs) Era," Sustainability, MDPI, vol. 12(14), pages 1-21, July.
    8. Luigi Nasta & Veronica Cundari, 2024. "Aligning multinational corporate strategies with Sustainable Development Goals: A case study of an Italian energy firm's initiatives in developing markets," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(5), pages 3902-3915, September.
    9. Shekhar & Debadyuti Das, 2023. "Enablers of ‘Creating Shared Value’: A Total Interpretive Structural Modeling–Polarity Approach," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 24(2), pages 291-318, June.
    10. Alan Smith Purba & Eko Ganis Sukoharsono & Bambang Hariadi, 2020. "The Meaningful practice creating shared value as a contribute to sustainable development goals:Case study at Pt Pupuk Kaltim," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 9(7), pages 222-232, December.
    11. Khurshid, Hamid & Snell, Robin Stanley, 2021. "Examining mechanisms for creating shared value by Asian firms," Journal of Business Research, Elsevier, vol. 129(C), pages 122-133.
    12. Yamane, Tomomi & Kaneko, Shinji, 2022. "The Sustainable Development Goals as new business norms: A survey experiment on stakeholder preferences," Ecological Economics, Elsevier, vol. 191(C).
    13. Elvy Maria Manurung & Mumsikah Choyri Diyanah & Paulina Permatasari & Irwanda Wisnu Wardhana, 2022. "Energy Equality in Indonesia Villages: A Discourse Analysis," International Journal of Energy Economics and Policy, Econjournals, vol. 12(1), pages 169-176.
    14. Daehyeon Park & Jinhyeong Jo & Doojin Ryu, 2021. "Incentive Contracts for Sustainable Growth of Small or Medium-Sized Enterprise," Sustainability, MDPI, vol. 13(9), pages 1-10, April.

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