Published: 2020-06-30

Corporate Values of Selected Poland-Based Companies

Ewa Jastrzębska
Studia Ecologiae et Bioethicae
Section: Articles
https://doi.org/10.21697/seb.2020.18.2.04

Abstract

Contemporary challenges (climate crisis, bio-diversity loss, living in a VUCA world), including a leadership crisis and emerging global threats, raise the question of fundamental values, also in business, which is often regarded as the source of many present-day problems. Nowadays in business, the idea of value does no longer refer solely to financial results and value-based management becomes the key driver of burgeoning companies. This study, therefore, aims to assess the organizational values of corporate social responsibility (CSR) leaders in Poland, while also attempting to define value-based management and corporate values as such. Managing by values can be considered to be both a philosophy and a realistic, practical process for clarifying an organisation’s beliefs, communicating them effectively, and aligning business practices with them. In a recent survey conducted with CSR leaders, a shift in values was revealed: responsibility (which companies can interpret very widely, when referring it to different groups of stakeholders), and other behavioural values, are now at the heart of business in many companies. There is also an increase in the application of honesty, whilst a decline in societal values (focused on the environment and the nature) was surprising, in the context of the current global threats with the environmental ones at the fore.

Keywords:

managing by values, value-based management, corporate values, enterprise, CSR

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Jastrzębska, E. (2020). Corporate Values of Selected Poland-Based Companies. Studia Ecologiae Et Bioethicae, 18(2), 43–55. https://doi.org/10.21697/seb.2020.18.2.04

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