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Socially Responsible Value Creation in the Post-COVID-19 Era: Taking Advantage of Dynamic and Digital Capabilities

Socially Responsible Value Creation in the Post-COVID-19 Era: Taking Advantage of Dynamic and Digital Capabilities

Gönenç Dalgıç Turhan, Narin Bekki, Gulen Rady
Copyright: © 2022 |Pages: 23
ISBN13: 9781799880653|ISBN10: 1799880656|ISBN13 Softcover: 9781799880660|EISBN13: 9781799880677
DOI: 10.4018/978-1-7998-8065-3.ch004
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MLA

Dalgıç Turhan, Gönenç, et al. "Socially Responsible Value Creation in the Post-COVID-19 Era: Taking Advantage of Dynamic and Digital Capabilities." Future Advancements for CSR and the Sustainable Development Goals in a Post-COVID-19 World, edited by Andrea Pérez, IGI Global, 2022, pp. 67-89. https://doi.org/10.4018/978-1-7998-8065-3.ch004

APA

Dalgıç Turhan, G., Bekki, N., & Rady, G. (2022). Socially Responsible Value Creation in the Post-COVID-19 Era: Taking Advantage of Dynamic and Digital Capabilities. In A. Pérez (Ed.), Future Advancements for CSR and the Sustainable Development Goals in a Post-COVID-19 World (pp. 67-89). IGI Global. https://doi.org/10.4018/978-1-7998-8065-3.ch004

Chicago

Dalgıç Turhan, Gönenç, Narin Bekki, and Gulen Rady. "Socially Responsible Value Creation in the Post-COVID-19 Era: Taking Advantage of Dynamic and Digital Capabilities." In Future Advancements for CSR and the Sustainable Development Goals in a Post-COVID-19 World, edited by Andrea Pérez, 67-89. Hershey, PA: IGI Global, 2022. https://doi.org/10.4018/978-1-7998-8065-3.ch004

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Abstract

The unfortunate economic environment emanated from the outbreak of the coronavirus has suddenly raised business organizations' concerns over the value creation. This new era forced them to focus on dynamic and digital capabilities to cope with the adverse changes. Following the stakeholder theory and the resource-based view, this chapter attempts to specify value creation of companies to preserve strategic position while satisfying the demands and interests of their stakeholders. In this sense, corporate social responsibility (CSR) seems a viable way of providing help and support to stakeholders during the fight against the pandemic as well as a catalyzer for the integration of sustainable development goals that can bridge the widened gap in the society. Hence, this chapter seeks to present an understanding on socially responsible value creation, dynamic and digital capabilities, and implementation of sustainability-driven CSR initiatives to ensure recovery, growth, and achieve sustainable development goals.

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