INCREMENTAL VALUE CREATION AND APPROPRIATION IN A WORLD WITH MULTIPLE STAKEHOLDERS

被引:133
作者
Garcia-Castro, Roberto [1 ]
Aguilera, Ruth V. [2 ,3 ]
机构
[1] IESE Business Sch, Madrid 28023, Spain
[2] Univ Illinois, Champaign, IL USA
[3] Univ Ramon Llull, ESADE Business Sch, Barcelona, Spain
关键词
value creation; value appropriation; stakeholders; stakeholder bargaining power; VCA model; VALUE CAPTURE; COMPETITIVE ADVANTAGE; FIRM PERFORMANCE; PERSPECTIVE; MANAGEMENT; RESOURCES; BUSINESS; INDUSTRY; STRATEGY; RENT;
D O I
10.1002/smj.2241
中图分类号
F [经济];
学科分类号
02 ;
摘要
There is a renewed interest among strategy scholars in the relationship between stakeholder theory and the dynamics of value creation-appropriation in firms. Further advancements in this field are arguably impeded by an incomplete conceptualization and measurement of value and by scant characterization of the different patterns of stakeholder value appropriation. We develop a conceptual frameworkbased on an analytical taxonomy of value creation and appropriationconsistent with a more complete notion of value and wherein the trade-offs in stakeholder value appropriation can be included. In essence, our analytical taxonomy contributes to enlarge the spectrum of value creation-appropriation scenarios to be considered by researchers working on the stakeholder view of strategy. Copyright (c) 2014 John Wiley & Sons, Ltd.
引用
收藏
页码:137 / 147
页数:11
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