Study of Policy Directions in the Tourism Industry for the Social Value Creation: Focused on the Fourth Master Plan for the Promotion of the Convention Industry

2019 ◽  
Vol 19 (1) ◽  
pp. 197-215
Author(s):  
Hyeon-Cheol Jo
Keyword(s):  
Value Creation ◽  
Tourism Industry ◽  
Social Value ◽  
Master Plan ◽  
The Social ◽  
Social Value Creation ◽  
Convention Industry

scholarly journals ACCELERATING DIGITALISATION IN BUSINESS PRACTICES FOR SOCIAL VALUE CREATION: A PERSPECTIVE FROM MALAYSIA

2020 ◽  
Vol 8 (2) ◽  
pp. 948-956
Author(s):  
Nur Syuhada Jasni ◽  
Haslinda Yusoff
Keyword(s):  
Value Creation ◽  
Urban Poor ◽  
Social Issues ◽  
Relevant Literature ◽  
Relevant Information ◽  
Social Value ◽  
Business Practices ◽  
Integrated Reporting ◽  
The Social ◽  
Social Value Creation

Purpose: The purpose of this study is to investigate the business practices in both; accelerating digitalisation and addressing social issues among Malaysian companies. Methodology: This study uses a sample consisting of four top telecommunication companies listed in the Bursa Malaysia. This study provides relevant literature on the social value creation concept from the corporate perspective. Besides, content analysis is used to extract relevant information from the particular sustainability report of the companies. Results: Results indicate that three out of four companies in the sample are very proactive in embracing the social value creation concept that aligned with national objectives and Sustainability Development Goals (SDG). Although, similarly, all companies addressed providing rural and urban poor communities’ digitalisation assistance as their social contributions. Implications: These results reveal input on the integration of accelerating digitalisation and addressing social issues, that focusing on social value creation. Management should understand that the financial implications has become an important component of social projects in line. Hence should establish effective strategic business strategy towards Integrated Reporting (IR) 4.0 that in reality has significant impact on the society and country.

Creating social value through entrepreneurship: the social business model of La Paranza

Kybernetes ◽  
2019 ◽  
Vol 48 (10) ◽  
pp. 2190-2216 ◽  
Author(s):  
Rossella Canestrino ◽  
Marek Ćwiklicki ◽  
Primiano Di Nauta ◽  
Pierpaolo Magliocca
Keyword(s):  
Business Model ◽  
Value Creation ◽  
Social Value ◽  
Social Business ◽  
Key Factors ◽  
Case Study Methodology ◽  
Content Type ◽  
The Social ◽  
Social Value Creation

Purpose The purpose of this paper is to identify the key factors for successful creation of social value using the social business model (SBM) as an explanatory framework. Design/methodology/approach This study follows the Krippendorff and Gioia’s methodology seeking the rigor while examining the selected case study – a social cooperative named La Paranza, in the city of Naples in the south of Italy. In doing so, the SBM canvas is used to present the research’s results in a systematic way. Findings The existence of a strong “identity” with the local context, the “enthusiasm and the wish to change things”, the presence of a “visionary”, acting as an orchestrator and the ability to provide for responses to the local needs were identified as key factors in the successful creation of social value in the examined case. Research limitations/implications The main research limits stem from the single case study methodology approach, which embodies the researchers’ subjectivity. A comparative study based on the collection of multiple successful case studies is therefore suggested to develop a generalization of the key drivers underlying the process of social value creation. Originality/value The study’s originality results from its use of the SBM framework in presenting a successful example of social value creation. The examined empirical evidence is also original in itself, mainly because of its inner uniqueness as a new and innovative formula: this allows an in-depth investigation and the inspiration for new ideas in the ground of SBM and, in a broader sense, in the field of social innovation and social value creation.

scholarly journals Social value creation by multinational enterprises

2019 ◽  
Vol 16 (1) ◽  
pp. 47-75 ◽  
Author(s):  
Asmund Rygh
Keyword(s):  
Value Creation ◽  
Multinational Enterprises ◽  
Economic Value ◽  
Theory Development ◽  
Social Value ◽  
Content Type ◽  
Financial Outcomes ◽  
The Social ◽  
Social Value Creation

Purpose This study aims to discuss an argument that the social value creation of multinational enterprises (MNEs), beyond creating economic value for the shareholders, could be the next “big question” for international business (IB) research. The authors also provide examples of promising research topics associated with this research agenda. Design/methodology/approach The paper is conceptual. Findings Although a new paradigmatic question for IB in terms of social value creation would lead IB outside familiar territory in terms of the previous focus on financial performance, IB scholars are well equipped to take on this broader question. IB scholars arguably have their key strengths in understanding the inner workings of firms, as well as in understanding the role of context for business. Moreover, to the extent that this new agenda requires IB scholars to acquire new capabilities and form new partnerships with relevant disciplines, this could contribute to revitalising the IB field. As illustrated by the suggested topics, such an agenda could both increase the relevance of IB research and contribute to theory development. Originality/value The paper is amongst the first to explore the notion that a broader view of the outcome of MNE activities, beyond MNEs’ own financial outcomes, should be a key goal of future IB research.

Creating Social Value in Societies

2019 ◽  
pp. 1492-1509
Author(s):  
Igbinakhase Idahosa
Keyword(s):  
Value Creation ◽  
Collective Responsibility ◽  
Business Environment ◽  
Value Theory ◽  
Social Value ◽  
Limiting Factors ◽  
The United Kingdom ◽  
The Social ◽  
Social Value Creation ◽  
The Uk

This chapter critically examines social value creation in societies focusing on the “shared value” theory and stakeholders' “collective responsibility” hinged on social responsibility. The social value creation process is reviewed from the social entrepreneurship perspective considering the essential business/social inputs required to create social value for the business and the host society. The United Kingdom (UK) is used as a case study, depicting factors shaping the business environment. Other current meaningful developments, which include the Social Value Act 2012 that promotes social value creation in the country, are discussed. An analysis of the UK model of social value creation and why it will be difficult to implement in developing countries is also provided. Constraints such as poor infrastructure, corruption and other limiting factors are considered. Finally, social value creation is a sustainable process and every stakeholder benefits from its outcomes.

Genesis and Development of Social Entrepreneurship in India

2017 ◽  
pp. 414-428 ◽  
Author(s):  
Neeta Baporikar
Keyword(s):  
Health Care ◽  
Social Change ◽  
Value Creation ◽  
Social Entrepreneurship ◽  
Social Impact ◽  
Social Value ◽  
Limited Resources ◽  
Social Entrepreneurs ◽  
The Social ◽  
Social Value Creation

Societies world over are urgently seeking innovative approaches to address persistent social problems of health care, poverty, child labour, literacy etc. These problems not only persist but also have increased in intensity and complexity. Thus, there is furor for innovative entrepreneurial approaches that can create more social value with limited resources. These approaches need to leverage better on resources to enhance effectiveness through creative partnerships by raised expectations, performance and accountability so as to achieve more sustainable social impact. What business entrepreneurs are to the economy, social entrepreneurs are to society? They may, like business entrepreneurs, be interested in profit, but their emphasis is on social change. While the challenges in the social sector are many, the potential and opportunity for social entrepreneurship to be a powerful force for social value creation has never been greater. Through grounded research and in depth contextual analysis, this chapter focuses on India's genesis and development of social entrepreneurship.

Can Blockchain Technology-based Crowdfunding advance the Social Value Creation

2021 ◽  
Vol 2021 (1) ◽  
pp. 10310
Author(s):  
Thinh Gia Hoang ◽  
Giang Ngo Tinh Nguyen ◽  
Anh Van Nguyen
Keyword(s):  
Value Creation ◽  
Social Value ◽  
Blockchain Technology ◽  
The Social ◽  
Social Value Creation

Creating Social Value in Societies

2016 ◽  
pp. 21-38
Author(s):  
Igbinakhase Idahosa
Keyword(s):  
Value Creation ◽  
Collective Responsibility ◽  
Business Environment ◽  
Value Theory ◽  
Social Value ◽  
Limiting Factors ◽  
The United Kingdom ◽  
The Social ◽  
Social Value Creation ◽  
The Uk

This chapter critically examines social value creation in societies focusing on the “shared value” theory and stakeholders' “collective responsibility” hinged on social responsibility. The social value creation process is reviewed from the social entrepreneurship perspective considering the essential business/social inputs required to create social value for the business and the host society. The United Kingdom (UK) is used as a case study, depicting factors shaping the business environment. Other current meaningful developments, which include the Social Value Act 2012 that promotes social value creation in the country, are discussed. An analysis of the UK model of social value creation and why it will be difficult to implement in developing countries is also provided. Constraints such as poor infrastructure, corruption and other limiting factors are considered. Finally, social value creation is a sustainable process and every stakeholder benefits from its outcomes.

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