CSR as an Effort to Create Shared Value with Business Partners
DOI:
https://doi.org/10.55927/eajmr.v4i11.460Keywords:
Corporate Social Responsibility, CSV, Strategic PartnershipAbstract
As companies' processes and methods of conducting business evolve, there will undoubtedly be a paradigm shift regarding the essential components a company must implement. In the global marketplace, simply creating a competitive advantage in products is no longer enough. The interdependent relationship between business and social well-being is the foundation of CSV thinking, with the goal of enabling companies to manage their business not only for the benefit of shareholders but also for the social well-being of the community. This research was conducted using theSystematic Literature Review (SLR) following the PRISMA protocol to facilitate researchers in systematically and structuredly compiling, filtering, and synthesizing literature findings. Based on the related search results, eight articles were identified that discussed the research topic and met the previously established criteria. Strategic partnerships supported by CSR activities have a strong contribution to creating shared value that not only benefits the company but also benefits business partners, who will experience the positive impact of the company's business activities.
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