Malek is a CEO of a successful company who is incline to help the society in SYRIA. He created Corporate Social Responsibility Department (CSRD) to distribute the company’s profit to buy food for the underprivileged. He recently realises that creating CSV is much more beneficial to CSR. a)       How does Corporate Shared Value (CSV) bring more benefits to the business, society and the environment compared to Corporate Social Responsibility (CSR)?

Principles of Management
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ISBN:9780998625768
Author:OpenStax
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Chapter17: Organizational Planning And Controlling
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Malek is a CEO of a successful company who is incline to help the society in SYRIA. He created Corporate Social Responsibility Department (CSRD) to distribute the company’s profit to buy food for the underprivileged. He recently realises that creating CSV is much more beneficial to CSR.

a)       How does Corporate Shared Value (CSV) bring more benefits to the business, society and the environment compared to Corporate Social Responsibility (CSR)?

b)      Instead of providing food, how does Malek creates CSV to build supportive industry for advancing social and economic conditions in Syrian communities towards future sustainability?

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