scholarly journals Towards a Framework to Create Shared Value Partnerships in the Community Evidence from Egypt

2020 ◽  
Vol 9 (1) ◽  
pp. 51
Author(s):  
Wael Omran Aly
Keyword(s):  
Developing Countries ◽  
Private Sector ◽  
Capital Flows ◽  
Shared Value ◽  
Business Growth ◽  
Government Organizations ◽  
Creating Shared Value ◽  
Basic Reaction ◽  
Suitable Framework ◽  
The Impact

Government and non-government organizations (NGOs) basic reaction to the pace and scale of international changes has been a hesitancy to recognize adequately the need to modify themselves. Problems tend to be interdependent as well as bundled, needing thorough approaches as well as common participation. On the other hand, the private sector in developing countries providing on average 60 per cent of GDP, 80 per cent of capital flows and 90 per cent of jobs. As a result, a solid along with vital private sector is essential for help Developing countries move from associations depending on aid towards types depending on economic partnerships. Consequently, developing a collaboration dependent upon creating shared value (CSV) credo by using the private sector - rather than the conventional social responsibility approach- is a must to increase the impact involving aid investments while bringing in business growth. Hence, such paper aims to depict the suitable framework to create shared value policies and practices that enhance the competitiveness of private sector companies while simultaneously advancing the economic and social conditions in the communities in which they operate. Moreover, it tends to detect barriers impeding the realization of such framework; and the needed pillars to overcome such barriers in developing countries as Egypt.

Value Network in Heritage Walks: Case Studies of Ahmedabad City Walks

2016 ◽  
Vol 1 (2) ◽  
pp. 191-204 ◽  
Author(s):  
Abrar Ali Saiyed ◽  
Anita Basalingappa ◽  
Piyush Kumar Sinha
Keyword(s):  
Case Studies ◽  
Heritage Management ◽  
Shared Value ◽  
Management Research ◽  
Value Network ◽  
Community Needs ◽  
Creating Shared Value ◽  
The Impact ◽  
Research Domain ◽  
Management Theories

Long heritage management related activities have been studied by sociologist, heritage management experts, anthropologists and architects and artists. Researchers felt importance of using management theories in heritage management research domain. This paper tries to focus on this call for research. It aims to study the value network in heritage walk organisations for creating shared value - a form of value that Porter and Kramer describe, in placing social and community needs before profit. It studies value network in three heritage walks organized by three organisations in Ahmedabad city in western part of India. It covers three cases studies of these walks that cover architecture, communities, craft, food and other elements of living and non-living heritage. This study is exploratory in nature. It shows the impact of these walks on various stakeholders under nine dimensions of value network framework.

scholarly journals Formality and investments: Evidence of Vietnamese SMEs

2021 ◽  
Vol 8 (3) ◽  
pp. 63-70
Author(s):  
Hong Mai Phan ◽  
◽  
Phan Thi Thu Hien ◽  
Keyword(s):  
Developing Countries ◽  
Private Sector ◽  
Random Effects ◽  
Crucial Role ◽  
Two Stage ◽  
Doing Business ◽  
Ease Of Doing Business ◽  
Key Driver ◽  
The Impact

Business formality is considered a key driver in the development of the private sector in developing countries, which can contribute to enhancing the capacity and competitiveness of firms. The purpose of this paper is to investigate the impact of formality on investments of small and medium-sized enterprises (SMEs) in Vietnam. Different from previous work, we apply a two-stage method with random-effects Probit and Tobit regressions to control for endogeneity surrounding formality and investments. Results show that formality measured by having a tax code fosters all types of investments. However, formality proxied by having a full set of business registration documents decreases total and fixed investments but increases non-fixed investments. Our findings suggest that relaxing complex procedures, enhancing the knowledge of the owner, and improving the ease of doing business play a crucial role in the formalization of Vietnamese SMEs.

Created Shared Value and Sustainable, Inclusive Development of Developing Countries

2019 ◽  
pp. 1105-1135
Author(s):  
James O. Odia
Keyword(s):  
Sustainable Development ◽  
Developing Countries ◽  
Value Chain ◽  
Business Strategy ◽  
Inclusive Development ◽  
Shared Value ◽  
Bottom Of The Pyramid ◽  
Government Organizations ◽  
Global Economic Growth ◽  
Corporate Social

The created shared value represents a paradigm shift in business corporate social responsibility (CSR) and sustainability strategy. Apart from addressing the limitations inherent in the traditional CSR which is mainly philanthropic, short-lived and separated from the core business strategy and activities, it enhances the company's competitiveness while simultaneously advancing the economic and social conditions in the community of operation. Companies can create shared values through re-conceiving products and markets, redefining productivity in the value chain and building supportive industry clusters at the company's locations and solving society problems. Despite the criticisms and challenges of the shared value concept, there are convincing evidences that the created shared value is a veritable instrument for addressing the bottom of the pyramid resulting in inclusive, sustainable development of developing countries and it has the potentials to unleash the next wave of global economic growth, prosperity and sustainable development when governments, companies and non-government organizations in developing countries demonstrate commitment to their roles in shared value creation and companies start to think and take long-term views of social investments and economic prosperity, and look at corporate decisions and opportunities through the lens of shared value by incorporating social and societal values into their economic agenda.

Shared Value at Fashion and Clothing Cluster of SMEs at Ibague, Colombia

2020 ◽  
pp. 216-243
Author(s):  
Alejandro Javier Gutierrez ◽  
Diego Cardona
Keyword(s):  
Private Sector ◽  
New World ◽  
Business Community ◽  
Shared Value ◽  
Peace Treaty ◽  
Private Institutions ◽  
Un Global Compact ◽  
Creating Shared Value ◽  
Development Goals ◽  
World Development

After 15 years of failure to achieve the Millennium Development Goals (MDGs), the UN - Global Compact proposes the dynamic participation of the private sector, especially of investors and entrepreneurs, that make up the new world development, generating a historic opportunity to expand, combine, and take advantage of the efforts and resources used by companies and other private institutions in different regions of the world. Colombia participates actively in this process, especially after the signing of the peace treaty with the guerrillas in 2016, which motivates the private sector to develop capacities to overcome traditional CSR and evolve towards the concept of “Shared Value”, with serious limitations of leveraging these initiatives, led by SMEs, which represent 97% of the local business community in Colombia. Therefore, this chapter shows the results obtained in a small municipality of Tolima, which through the formation of a common base of production among equals in the fashion sector, could implement a program with the capacity of creating shared value.

PRIVATE INVESTMENT IN INFRASTRUCTURE IN ASIA: THE IMPACT OF REGULATION

2005 ◽  
Vol 50 (spec01) ◽  
pp. 369-391
Author(s):  
COLIN KIRKPATRICK ◽  
DAVID PARKER ◽  
YIN-FANG ZHANG
Keyword(s):  
Developing Countries ◽  
Private Sector ◽  
Capacity Building ◽  
Empirical Analysis ◽  
Foreign Investment ◽  
Policy Implication ◽  
Private Investment ◽  
Economic Regulation ◽  
Institutional Strengthening ◽  
The Impact

This paper provides an empirical analysis of the impact of economic regulation on the inflow of private foreign investment in the infrastructure sector in Asian economies over the period 1988 to 2002. The results confirm that foreign investment in infrastructure has responded positively to the establishment of an effective regulatory framework which provides regulatory credibility to the private sector. The main policy implication of the findings is the need to support capacity building and institutional strengthening for robust and independent regulation in the developing countries of Asia.

Investigation for Finance–Growth Nexus: A Dynamic Common Correlated Estimator Approach

2021 ◽  
pp. 097215092110162
Author(s):  
Saqib Mehmood ◽  
Ahmad Raza Bilal
Keyword(s):  
Developing Countries ◽  
Private Sector ◽  
Least Squares ◽  
Financial Development ◽  
Well Being ◽  
Ordinary Least Squares ◽  
Consumption Expenditures ◽  
Long Run ◽  
Domestic Credit ◽  
The Impact

The study investigated the impact of financial development in bringing the economic well-being, using the data of 10 selected developing countries, as a sample for the period from 1991 to 2017. However, the study utilizes the regression of group mean dynamic common correlated estimator (DCCE) by Chudik and Pesaran (2015) to analyse the said circumstance. For estimation, the present study is considering the major tycoons of financial development and their relevant areas that are significantly effecting the economic growth. However, the broad money (GAM1), domestic credit to private sector to GDP (GAM2), domestic credit to private sector by banks (GAM3), government’s final consumption expenditures (GAFCE) and foreign direct investment GAFC are major contributors in attaining the GDP per capita (GADA). However, the estimation of the concerned circumstance was also evaluated in terms of shorter and longer run estimations. The results of the short– and long–run estimations also authenticate the results of DCCE estimations. The robustness of the results is verified with the help of Pedroni (2004) test, fully modified ordinary least squares (FMOLS) test by Pedroni (2001) and dynamic ordinary least squares (DOLS) by Stock and Watson (1993) . The robustness tests also verify the factors that are considered as the major players of financial development for uplifting the concerned economies. Selected developing countries have the potential for utilizing their financial development options to manage their growth at the economic level. For practical implications and for policymaking, the ingredients of this particular study can be endorsed to get the desired results.

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