Shared Value and Philanthropy: the Potential Role of Corporate Foundations

Abstract

This paper deals with the topic of research of Corporate Foundations (CFs), aiming at stressing how these organization have been studied so far, and how it could be possible to reconsider their role in the domain of philanthropic initiatives. In particular, this study aims to reconsider the phenomenon of Corporate Foundations under the shared value perspective, highlighting the ability of these organizations to respond to requests of multiple categories of stakeholders. Through the analysis of CFs peculiarities the study will underline the characteristics that are suitable for taking into consideration the potential role of CFs, by means of creating value for both society and firm. Thus, this paper aspires to contribute to the growth of knowledge in the field of Corporate Foundations by adopting an integrated perspective, and by providing suggestions for stimulating new directions for further inquiry.