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Presentations at an Academic or Professional conference (2001)

Management Accounting and Value Creation: Beyond Strategic Relevance, Some Social Functions

Management accounting recently enlarged its scope to encompass contributing to the value creation process. Most frequently, academics and practitioners address either customer value or shareholder value, but without questioning the existence of "other" values. Coming back to philosophers, the purpose of this communication is to show that: (1) the polysemy of value makes it a much more complex concept than usually presented by value creation promoters, (2) this polysemy creates a risk of reification of the concept, which is enhanced through its frequent lack of precise definition, (3) this reification has social functions, within the firm as well as for society, (4) the consequences of that may be damaging for persons, society and firms.

ANCELIN-BOURGUIGNON, A. (2001). Management Accounting and Value Creation: Beyond Strategic Relevance, Some Social Functions.