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THE CONSEPT OF SHARED VALUES: WHAT IS AT ITS BASIS?

E. Kaz

First published: 2018https://doi.org/10.5593/sgemsocial2018/1.5/S05.129View metrics

Abstract

The process of formation of the “shared values” concept as a result of the evolution of the corporate social responsibility concept has been considered in the article. A number of factors underlying the concept of creating shared values are specified. The method of correlation analysis allows us to put forward and prove the hypothesis on the important role of “trust” factor. The procedure and the results of studies of shared values based on trust relationship in one of the companies that is situated in Tomsk city are described in details in the article. The author has concluded that the strengthening of trust both within and outside the organization is the basis without which it is impossible to form shared values. A hypothesis has also been put forward in the article: in addition to the existing relationship between clusters or “framework conditions” that have an important impact on improving performance at the macroeconomic level, there is a relationship between performance and intra-firm “framework conditions”. The method of correlation analysis used by us made it possible to confirm this hypothesis in practice. The parameters that we put forward for the role of “intra-firm framework conditions” are described in the article.

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Publication details

Title
THE CONSEPT OF SHARED VALUES: WHAT IS AT ITS BASIS?
Authors
E. Kaz
Proceedings
5th International Multidisciplinary Scientific Conference on Social Sciences and Arts SGEM 2018
Publisher
STEF92 Technology
Year
2018
Pages
1039-1044
SWS Citekey
Kaz2018510391044
ISSN
2367-5659
ISBN
978-619-7408-65-2
Language
en
Publication type
Proceedings Paper
Keywords
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