VALUE CREATION THROUGH STAKEHOLDER SYNERGY

• 成果类型: Article
• 署名作者: Tantalo, Caterina; Priem, Richard L.
• 署名单位: California State University System; San Francisco State University; Texas Christian University; Luiss Guido Carli University
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• DOI: 10.1002/smj.2337
• 发表日期: 2016
• 页码: 314-329
• 关键词: strategy; Stakeholders; TOP MANAGERS; VALUE CREATION; multi-attribute utility functions

摘要

Our stakeholder synergy perspective identifies new value creation opportunities that are especially effective strategically because a single strategic action (1) increases different types of value for two or more essential stakeholder groups simultaneously, and (2) does not reduce the value already received by any other essential stakeholder group. This result is obtainable because multiple potential sources of value creation exist for each essential stakeholder group. Actions that meet these criteria increase the size of the value pie available for essential stakeholder groups, and thereby serve to attract exceptional stakeholders and obtain their increasing effort and commitment. The stakeholder synergy perspective extends stakeholder theory further into the strategy realm, and offers insights for realizing broader value creation that is more likely to produce sustainable competitive advantage. Copyright (C) 2014 John Wiley & Sons, Ltd.