CORPORATIONS’ SOCIAL RESPONSIBILITY AND SOCIAL ENTREPRENEURSHIP

Sorin Blaga and Oana Adriana Gica
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Sorin Blaga: University of Newcastle, School of Business, NSW, Australia
Oana Adriana Gica: Babeş-Bolyai University, Faculty of Management, Romania

Romanian Economic Business Review, 2019, vol. 14, issue 4, 17-31

Abstract: This paper analyzes the corporations’ and social enterprises’ way of delivering social value.Scholarly research considers these concepts as somewhat related; even there is no clear-cut definition of these concepts and in the corporate and academic world persists uncertainty over how these concepts should be defined. This paper aims to identify similarities and differences that may exist in the meaning of corporations’ social responsibility (CSR) and social entrepreneurship (SE),the manner it is operationalised and how social value is delivered, cluttering existing literature on CSR) and SE. The paper demonstrates that both concepts have a positive influence on the business environment and society at large. The present research finds out that the fundamental differences rest on the way the two organisational forms are using their profit. Both deliver “social good” but SE is leading the process of social value creation.

Keywords: Corporate social responsibility; Social entrepreneurship; Social enterprise; Social value; Sustainability (search for similar items in EconPapers)
Date: 2019
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