Porter and Kramer's Creating Shared Value framework was recently called
into question in a stinging attack in this journal. Recognizing that CSV
shines as a managerial framework around "win-win" business and society
issues—"A cases"—we argue that CSV leaves managers ill-equipped to
Comparing domestic- and foreign-owned firms in Germany, this paper finds that foreignowned
firms are more likely to focus on short-term profit. This influence is particularly strong
if the local managers of the German subsidiary are not sent from the foreign parent company.
Moreover, the physical...