Department(s)
Business Administration
Document Type
Article
Publication Date
1-21-2019
Abstract
This paper aims to move beyond the limits of creating shared value (CSV) by presenting a norms-driven framework for creating shared value. Design/methodology/approach: This paper combines insights from organizational studies and philosophy to critique CSV and to articulate an alternative model for integrating the pursuit of profit with social needs and demands. Findings: CSV poses significant challenges for managers due to the problem of bounded rationality. Rather than merely engaging in a logic of consequence, this paper argues that managers should integrate norms-based reasoning within the cognitive process of strategic management. Originality/value: This paper critiques an existing framework for creating shared value and proposes a new framework.
Publication Title
Competitiveness Review
ISSN
10595422
E-ISSN
20513143
Volume
29
Issue
1
DOI
10.1108/CR-08-2016-0049
Recommended Citation
Lee, Jooho, "The Limits of Consequential Reasoning in Shared Value Creation" (2019). Pepperdine University, All Faculty Open Access Publications. Paper 149.
https://digitalcommons.pepperdine.edu/faculty_pubs/149
