Incremental value creation and appropriation in a world with multiple stakeholders

Roberto Garcia-Castro, Ruth V. Aguilera

    Producció científica: Article en revista indexadaArticle de revisió (sistemàtica)Avaluat per experts

    136 Cites (Scopus)


    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 framework - based on an analytical taxonomy of value creation and appropriation - consistent 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.

    Idioma originalAnglès
    Pàgines (de-a)137-147
    Nombre de pàgines11
    RevistaStrategic Management Journal
    Estat de la publicacióPublicada - 1 de gen. 2015


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