Creating Shared Value at Dutch-Bangla Bank Limited in Bangladesh

Md. Rabiul Islam; Md. Tahidur Rahman; Syed Zabid Hossain

doi:doi:10.11648/j.ajtab.20170303.13

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Creating Shared Value at Dutch-Bangla Bank Limited in Bangladesh

Md. Rabiul Islam, Md. Tahidur Rahman, Syed Zabid Hossain

Published in American Journal of Theoretical and Applied Business (Volume 3, Issue 3)

Received: 30 August 2017 Accepted: 15 September 2017 Published: 17 October 2017

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Abstract

The Creating Shared Value (CSV) concept (creating business value through creating social value by addressing societal unmet needs and challenges) has been appeared as a new way of doing responsible business in the world and formed the core of recent business research. The study strives to investigate reflective insights into the Porter and Kramer’s CSV concept taking evidence from Dutch-Bangla Bank Limited (DBBL) in Bangladesh. The results show that DBBL has been creating shared value through its innovative products and services like mobile financial services, school banking, and agricultural, SME and environment friendly banking. The results also indicate that DBBL has been creating shared value along the three areas of Porter and Kramer’s CSV concept but mostly through reconceiving products and services, and redefining value chain to improve productivity. Taken as a whole, DBBL has been sharing its CSV with different stakeholders for mutual benefits.

Published in	American Journal of Theoretical and Applied Business (Volume 3, Issue 3)
DOI	10.11648/j.ajtab.20170303.13
Page(s)	54-63
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2017. Published by Science Publishing Group

Keywords

Banking on Shared Value, Banking Sector, Corporate Social Responsibility (CSR), Creating Shared Value (CSV), Shared Value

References

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[2]	Porter, M. E., & Kramer, M. R. (January-February 2011). The Big Idea: Creating Shared Value; How to Reinvent Capitalism—and Unleash a Wave of Innovation and Growth, Harvard Business Review, 1-17. https://businessethics.qwriting.qc.cuny.edu/files/2012/01/Porter Kramer.pdf
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[6]	Maltz, E., Thompson, F., & Ringold, D. J. (2011). Assessing and Maximizing Corporate Social Initiatives: A Strategic View of Corporate Social Responsibility, Journal of Public Affairs, 11(4), 344-52. doi:10.1002/pa.384.
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[10]	Aru, S. & Waldenström, L. (2014). Shared Value Creation – for a Profitable Business and Healthy Society: A Multiple Case Study of Swedish SMEs (Master's Thesis). http://lup.lub.lu.se/luur/download?func=downloadFile&recordOId=4587025&fileOId=4587032.
[11]	Porter, M. E., & Kramer, M. R. (December 2002). The Competitive Advantage of Corporate Philanthropy, Harvard Business Review, 1-16. https://sharedvalue.org/sites/default/files/resource-files/Competitive_ Advantage.pdf.
[12]	Aakhus, M. & Bzdak, M. (2012). Revisiting the Role of “Shared Value” in the Business-Society Relationship, Business and Professional Ethics Journal, 31(2), 231-46.doi:10.5840/bpej201231211.
[13]	Crane, A., Palazzo, G., Spence, L. J., & Matten, D. (2014). Contesting the Value of “Creating Shared Value, California Management Review, 56(2), 130-53. doi: 10.1525/cmr.2014.56.2.130.
[14]	Dembek, K., Singh, P. & Bhakoo, V. (2015). Literature Review of Shared Value: A Theoretical Concept or a Management Buzzword? Journal of Business Ethics, 137(2), 231-67.doi: 10.1007/s10551-015-2554-z.
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[22]	Rabiul Islam, M. (2017). Banking on Shared Value: A Study on Private Commercial Banks in Bangladesh (PhD diss.). Institute of Bangladesh Studies, University of Rajshahi, Bangladesh.

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APA Style

Md. Rabiul Islam, Md. Tahidur Rahman, Syed Zabid Hossain. (2017). Creating Shared Value at Dutch-Bangla Bank Limited in Bangladesh. American Journal of Theoretical and Applied Business, 3(3), 54-63. https://doi.org/10.11648/j.ajtab.20170303.13

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ACS Style

Md. Rabiul Islam; Md. Tahidur Rahman; Syed Zabid Hossain. Creating Shared Value at Dutch-Bangla Bank Limited in Bangladesh. Am. J. Theor. Appl. Bus. 2017, 3(3), 54-63. doi: 10.11648/j.ajtab.20170303.13

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AMA Style

Md. Rabiul Islam, Md. Tahidur Rahman, Syed Zabid Hossain. Creating Shared Value at Dutch-Bangla Bank Limited in Bangladesh. Am J Theor Appl Bus. 2017;3(3):54-63. doi: 10.11648/j.ajtab.20170303.13

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@article{10.11648/j.ajtab.20170303.13,
  author = {Md. Rabiul Islam and Md. Tahidur Rahman and Syed Zabid Hossain},
  title = {Creating Shared Value at Dutch-Bangla Bank Limited in Bangladesh},
  journal = {American Journal of Theoretical and Applied Business},
  volume = {3},
  number = {3},
  pages = {54-63},
  doi = {10.11648/j.ajtab.20170303.13},
  url = {https://doi.org/10.11648/j.ajtab.20170303.13},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajtab.20170303.13},
  abstract = {The Creating Shared Value (CSV) concept (creating business value through creating social value by addressing societal unmet needs and challenges) has been appeared as a new way of doing responsible business in the world and formed the core of recent business research. The study strives to investigate reflective insights into the Porter and Kramer’s CSV concept taking evidence from Dutch-Bangla Bank Limited (DBBL) in Bangladesh. The results show that DBBL has been creating shared value through its innovative products and services like mobile financial services, school banking, and agricultural, SME and environment friendly banking. The results also indicate that DBBL has been creating shared value along the three areas of Porter and Kramer’s CSV concept but mostly through reconceiving products and services, and redefining value chain to improve productivity. Taken as a whole, DBBL has been sharing its CSV with different stakeholders for mutual benefits.},
 year = {2017}
}

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TY  - JOUR
T1  - Creating Shared Value at Dutch-Bangla Bank Limited in Bangladesh
AU  - Md. Rabiul Islam
AU  - Md. Tahidur Rahman
AU  - Syed Zabid Hossain
Y1  - 2017/10/17
PY  - 2017
N1  - https://doi.org/10.11648/j.ajtab.20170303.13
DO  - 10.11648/j.ajtab.20170303.13
T2  - American Journal of Theoretical and Applied Business
JF  - American Journal of Theoretical and Applied Business
JO  - American Journal of Theoretical and Applied Business
SP  - 54
EP  - 63
PB  - Science Publishing Group
SN  - 2469-7842
UR  - https://doi.org/10.11648/j.ajtab.20170303.13
AB  - The Creating Shared Value (CSV) concept (creating business value through creating social value by addressing societal unmet needs and challenges) has been appeared as a new way of doing responsible business in the world and formed the core of recent business research. The study strives to investigate reflective insights into the Porter and Kramer’s CSV concept taking evidence from Dutch-Bangla Bank Limited (DBBL) in Bangladesh. The results show that DBBL has been creating shared value through its innovative products and services like mobile financial services, school banking, and agricultural, SME and environment friendly banking. The results also indicate that DBBL has been creating shared value along the three areas of Porter and Kramer’s CSV concept but mostly through reconceiving products and services, and redefining value chain to improve productivity. Taken as a whole, DBBL has been sharing its CSV with different stakeholders for mutual benefits.
VL  - 3
IS  - 3
ER  -

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Author Information

Md. Rabiul Islam

Department of Humanities, Rajshahi University of Engineering & Technology (RUET), Rajshahi, Bangladesh
Md. Tahidur Rahman

Department of Business Administration, EXIM Bank Agricultural University Bangladesh, Chapainawabganj, Bangladesh
Syed Zabid Hossain

Department of Accounting and Information Systems, University of Rajshahi, Rajshahi, Bangladesh

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Plain Text BibTeX RIS

APA Style

Md. Rabiul Islam, Md. Tahidur Rahman, Syed Zabid Hossain. (2017). Creating Shared Value at Dutch-Bangla Bank Limited in Bangladesh. American Journal of Theoretical and Applied Business, 3(3), 54-63. https://doi.org/10.11648/j.ajtab.20170303.13

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ACS Style

Md. Rabiul Islam; Md. Tahidur Rahman; Syed Zabid Hossain. Creating Shared Value at Dutch-Bangla Bank Limited in Bangladesh. Am. J. Theor. Appl. Bus. 2017, 3(3), 54-63. doi: 10.11648/j.ajtab.20170303.13

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AMA Style

Md. Rabiul Islam, Md. Tahidur Rahman, Syed Zabid Hossain. Creating Shared Value at Dutch-Bangla Bank Limited in Bangladesh. Am J Theor Appl Bus. 2017;3(3):54-63. doi: 10.11648/j.ajtab.20170303.13

Copy | Download

@article{10.11648/j.ajtab.20170303.13,
  author = {Md. Rabiul Islam and Md. Tahidur Rahman and Syed Zabid Hossain},
  title = {Creating Shared Value at Dutch-Bangla Bank Limited in Bangladesh},
  journal = {American Journal of Theoretical and Applied Business},
  volume = {3},
  number = {3},
  pages = {54-63},
  doi = {10.11648/j.ajtab.20170303.13},
  url = {https://doi.org/10.11648/j.ajtab.20170303.13},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajtab.20170303.13},
  abstract = {The Creating Shared Value (CSV) concept (creating business value through creating social value by addressing societal unmet needs and challenges) has been appeared as a new way of doing responsible business in the world and formed the core of recent business research. The study strives to investigate reflective insights into the Porter and Kramer’s CSV concept taking evidence from Dutch-Bangla Bank Limited (DBBL) in Bangladesh. The results show that DBBL has been creating shared value through its innovative products and services like mobile financial services, school banking, and agricultural, SME and environment friendly banking. The results also indicate that DBBL has been creating shared value along the three areas of Porter and Kramer’s CSV concept but mostly through reconceiving products and services, and redefining value chain to improve productivity. Taken as a whole, DBBL has been sharing its CSV with different stakeholders for mutual benefits.},
 year = {2017}
}

Copy | Download

TY  - JOUR
T1  - Creating Shared Value at Dutch-Bangla Bank Limited in Bangladesh
AU  - Md. Rabiul Islam
AU  - Md. Tahidur Rahman
AU  - Syed Zabid Hossain
Y1  - 2017/10/17
PY  - 2017
N1  - https://doi.org/10.11648/j.ajtab.20170303.13
DO  - 10.11648/j.ajtab.20170303.13
T2  - American Journal of Theoretical and Applied Business
JF  - American Journal of Theoretical and Applied Business
JO  - American Journal of Theoretical and Applied Business
SP  - 54
EP  - 63
PB  - Science Publishing Group
SN  - 2469-7842
UR  - https://doi.org/10.11648/j.ajtab.20170303.13
AB  - The Creating Shared Value (CSV) concept (creating business value through creating social value by addressing societal unmet needs and challenges) has been appeared as a new way of doing responsible business in the world and formed the core of recent business research. The study strives to investigate reflective insights into the Porter and Kramer’s CSV concept taking evidence from Dutch-Bangla Bank Limited (DBBL) in Bangladesh. The results show that DBBL has been creating shared value through its innovative products and services like mobile financial services, school banking, and agricultural, SME and environment friendly banking. The results also indicate that DBBL has been creating shared value along the three areas of Porter and Kramer’s CSV concept but mostly through reconceiving products and services, and redefining value chain to improve productivity. Taken as a whole, DBBL has been sharing its CSV with different stakeholders for mutual benefits.
VL  - 3
IS  - 3
ER  -

Copy | Download