What Does Value Mean and How is it Created, Maintained and Destroyed?
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2003
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Bowman, C. and Ambrosini, V. (2003) What does value mean and how is it created maintained and destroyed?, Academy of Management Annual Meeting, Seattle, Washington, 1-6 August, 2003.
Abstract
In this paper we suggest that 'value' has a different meaning for different stakeholders and that if the firm operates in line with investor interests, it acts as both customer and supplier and its motivations will reflect these roles. We then consider internal activities that reflect these motivations. Other activities maintain the firm, and some destroy value. Implications for the RBV are explored.