Growing inequality and its implications for democratic polity suggest that corporate social responsibility (CSR) has not proved itself in twenty-first century business, largely as it lacks clear criteria of demarcation for businesses to follow. Today the problem is viewed by many commentators as...

Purpose: Balancing the economic, social and environmental aspects of company operation becomes a new DNA of the organization and a management philosophy for generating tangible results, not only for the company itself, but also its stakeholders. The article seeks to describe the approach to...

This study builds on corporate innovation, social innovation, and corporate social innovation literature to develop a preliminary theory. The study then uses case studies to build a framework that describes factors leading to successful corporate social innovation (CSI).The study focuses on...

Strategic alliances between academic and corporate partners can provide exceptional benefits and reveal new opportunities for shared value. Benefits and opportunities include alternative sources of funding to support academic programs, more effective and efficient matching of students with...

This paper considers the larger context in which social innovation can emerge. Based on the notion of shared value, it suggests that change agents should think beyond boundaries and organizational forms. To resolve common challenges, society's future leaders across sectors can foster...

A scientific, economic relationship among self, society and nation is still not clearly known in philosophy, sociology and economics because of lack of concrete historical human data that would enable to substantiate it. Humanity experienced many conflicting economic and political systems....

This paper aims at analyzing and identifying the core aspects of Corporate Social Entrepreneurship (CSE) as a process able to bring about radical organisational change. The supported assumption is that the business world needs to evolve into a stage where the new generic type of organization...

This paper considers the larger context in which social innovation can emerge. Based on the notion of shared value, it suggests that change agents should think beyond boundaries and organizational forms. To resolve common challenges, society's future leaders across sectors can foster...

Based on theoretical considerations, this article investigates the socio-cultural mechanisms through which diversified firms are effectively managed without loss of control. Empirical results from extensive questionnaire surveys in Korea and the U.S. show that socio-cultural mechanisms such as...

Organizations could prosper by delivering products and services that make society a better place. However, they face the challenge of successfully communicating what they contribute to society, especially if their contributions are closely related to their core business activities. The thin line...