The Roles of Corporate Philanthropy, Corporate Social Responsibility, and Shared Value

This book chapter defines and differentiates corporate philanthropy, corporate social responsibility (CSR), and shared value as approaches companies use for social engagement and health promotion. It explores how businesses operationalize these concepts, moving beyond traditional philanthropy to strategic philanthropy that leverages corporate expertise. The discussion emphasizes the evolving landscape where CSR shifts from profit allocation to integral business operations, focusing on stakeholder engagement, risk management, and social investment to achieve both business efficacy and societal benefits.