Consultancy Microeconomics

The role of the state incentive in creating shared value (case study: Republic of Bulgaria)

Rumyana Angelova - no data
Received: 17 Aug 2022
Revised:
Published:
Downloads: 0
Citations: 0
Issue 5/2015
JEL L260 M140
DOI https://doi.org/10.56497/etj1560506

Abstract

Bulgaria's commitments to the European Union bring to the forefront the need to pursue an economic policy that stimulates companies to growth and sustainability. The concept of Creating Shared Value (CSV) develops the ideas of the Corporate Social Responsibility (CSR) philosophy and represents a step forward in uniting the efforts of business and government to solve social problems. To demonstrate this, CSV and CSR are compared and some of their similarities and differences are outlined. The thesis is defended that the state can and must incentivise economic actors to create shared value, with its effects multiplied at micro and macro levels.

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