The influence of shareholder value and stakeholder value approaches on corporate social innovation
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2025-06-23
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en
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This thesis analyses under what conditions shareholder value and stakeholder value approaches influence the scalability success of corporate social innovations (CSI) in Asian developing countries. Drawing on fuzzy-set Qualitative Comparative Analysis (fsQCA) of 34 cases, the research identifies four distinct configurational pathways, continuous resource commitment, relational engagement, strategic social alignment and financially anchored commitment, that lead to successful CSI scaling. The findings reveal that no single condition guarantees scalability; rather, success emerges from specific combinations conditions. Stakeholder value approaches prove vital in contexts with institutional voids, while shareholder-driven strategies succeed when supported by strong internal resources and favourable environments. The most robust outcomes result from when business and social objectives are aligned through shared value strategies. The thesis contributes to CSI theory by demonstrating that shareholder and stakeholder value approaches are not mutually exclusive but can be complementary under certain conditions. These insights have practical relevance for organisations seeking to scale socially impactful innovations in developing countries, aiming to foster inclusive and sustainable development.
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Faculteit der Managementwetenschappen