Corporate Social Responsibility and Sustainable Value Creation

Abstract

CSR is a strategy implemented by enterprises and supply chains, and its perspectives vary from different point of view of stakeholders. There is no doubt that a CSR strategy is not only benefits, but also costs, risks, and specific barriers that need to be overcome to implement it. The purpose of this chapter is to identify the elements of benefits as well as costs that the above strategy brings to different beneficiaries, as well as to identify development trends and their impact on the creation of added value for organizations and their supply chains. The chapter will define the value that social aspects can bring to organizations, as well as present key drivers in the implementation of CSR in innovative business models.