Not everyone defines the business concept of shared value the same way — and where you’re from may play a role.
A shared value movement has been growing in India in recent years. Mahindra, a group of companies valued at $19.6 billion, has enormous reach across the 10 sectors where it operates. But when it comes to measuring impact, the firm is mainly looking at the economics.
The Mumbai-based multinational group measures shared value by looking at traditional business metrics, such as a return on capital. The group only measures social impact in its corporate social responsibility programs, said Rajeev Dubey, group president of HR and corporate services and CEO of aftermarket sector.
Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).
About the author
Adva Saldinger@AdvaSal
Adva Saldinger is a Senior Reporter at Devex where she covers development finance, as well as U.S. foreign aid policy. Adva explores the role the private sector and private capital play in development and authors the weekly Devex Invested newsletter bringing the latest news on the role of business and finance in addressing global challenges. A journalist with more than 10 years of experience, she has worked at several newspapers in the U.S. and lived in both Ghana and South Africa.