Corporate Responsibility and Shared Value

This week’s topics

Corporate Responsibility and Shared Value

1. Stakeholder salience theory
2. Strategic CSR alignment
3. Porter and Kramer's Creating Shared Value (CSV)
4. ESG strategic integration
5. Leading Strategy Paper Series: Porter Kramer 2006 "Strategy & society"
6. Stakeholder Salience
7. Integration of Corporate Sustainability with CSR

What you will be able to do

• 4.2 Critically analyse corporate social responsibility strategies emphasizing the stakeholder theory.
• 4.3 Demonstrate the nexus between strategy and corporate social responsibility/sustainability and evaluate the concept of shared value.

Activity

Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: critically analyse corporate social responsibility strategies emphasizing the stakeholder theory.

Study materials

Videos

• Leading Strategy Paper Series: Porter Kramer 2006 "Strategy & society" · YouTube · Glenn Parry · 16 min · for registered students
• What does corporate survival mean in the age of ESG? · YouTube · eCornell · 70 min · for registered students
• Co-Creating Sustainability Across the Value Chain | S&O Climate Day | HEC Paris · YouTube · HEC Paris · 84 min · for registered students

Further resources

• Mastering Strategic Management, ch. 10: Leading an Ethical Organization: Corporate Governance, Corporate Ethics, and Social Responsibility · PDF · Saylor Academy, textbook chapter; pp. 313–337 · for registered students
• Business Ethics, ch. 3: Defining and Prioritizing Stakeholders · PDF · OpenStax, textbook chapter; pp. 69–92 · for registered students
• Corporate Governance, ch. 2: Governance and Accountability · PDF · Saylor Academy, textbook chapter; pp. 27–50 · for registered students