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Creating value for society: CSR practices of food and beverage companies in Nigeria
(Східноєвропейський центр наукових досліджень, 2020) Nwafor, Franklin Nnemeka; Nashchekina, O. N.
Aligning the Interests of Business and Society: Shared Value, Integrated Value, And Corporate Social Responsibility
(Видавничий дім "Інжек", 2020) Nashchekina, O. M.; Nwafor, Franklin Nnemeka; Tymoshenkov, I. V.
The evolution of CSR is largely the history of reconciling economic goals of business and social goals of society. Relatively recent CSR related concepts “creating shared value” (CSV) and “integrated value creation” (IVC) aim at aligning interests of business and society by producing economic and social value simultaneously. The purpose of this article is to compare the CSV and IVC concepts and show their relation to CSR. In particular, we discuss whether CSV and IVC can be regarded as substitutes for CSR, varieties of CSR or completely new paradigms, and come to the conclusion that the positioning of both concepts depends on how broadly CSR is defined. We summarize major criticisms of the CSV concept and provide our own vision of the strengths and limitations of both concepts, showing why at least the CSV concept cannot supplant CSR. Comparing CSV and IVC, we focus on the differences between them and show that IVC represents a more fundamental shift in business philosophy and aims at a deeper and system-wide rather than local and fragmentary integration within society. We maintain that the CSV and IVC ideas can and should be used in strategic planning as inspiration for innovative thinking, as guidelines for increasing business competitiveness and societal well-being. We also point out the need for refining methodological frameworks for the practical implementation of the CSV and IVC ideas.
An Elusive Concept: the Problem of Defining Social Entrepreneurship
(Видавничий дім "Інжек", 2019) Nashchekina, O. M.; Tymoshenkov, I. V.; Nwafor, Franklin Nnemeka
Interest in social entrepreneurship has been growing over the last two decades among both practitioners and academics. However, despite the numerous studies and a large body of literature on social entrepreneurship, the concept remains fuzzy and open to different interpretations. One of the reasons why the concept eludes the grasp is that social entrepreneurship is a multidimensional phenomenon, which can take a great variety of forms. The purpose of this paper is to review the approaches to defining social entrepreneurship, to show the major challenges in drawing the boundaries between social and commercial entrepreneurship as well as between social entrepreneurship and other types of social activities, to identify relevant dimensions for differentiation. Having analyzed different definitions of social entrepreneurship, we have identified eight dimensions of this phenomenon. We have shown that within most of those dimensions the characteristics of social entrepreneurial activities can change along a continuum. The points of contention among researchers of social entrepreneurship are related to the boundaries within which these characteristics can be varied without compromising the social entrepreneurial status of an activity. The proposed dimensions might provide additional insight into the phenomenon of social entrepreneurship, help identify different forms of social entrepreneurship and systemize the results of empirical studies. The list of dimensions is not exhaustive, and as empirical evidence accumulates and new types of social entrepreneurship appear, new dimensions can be added.
The Role Blockchain Can Play in Transforming CSR in a Decentralized Management System
(ТОВ "Планета-Прінт", 2021) Nwafor, Franklin Nnemeka; Nashchekina, O. N.

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