Geographic differences of CSR and its impact on CSV applicability

Abstract

Business examples in the previous analyses of Creating Shared Value have been assessed for Germany and the United States. These two countries represent important players among developed economies. The underlying understanding of Corporate Social Responsibility differs between Germany and the United States. The main root cause for the different approaches to CSR comes from the different sociopolitical national systems, the culture, and ultimately the business systems. The subsequent analysis investigates these differences and assesses the impact on CSV applications in both economies. A result is provided to summarize the key differences of CSR understanding between Germany and the U.S. and to give directions of how these differences affect practitioners of CSV initiatives.