Management accounting has recently enlarged its scope to encompass contributing to the value creation process. But according to authors, the value at stake is not always the same. This paper questions the concept of value in organizations. After a brief review of the various “values” created in the firm, we show that the difficulties of desentangling the various economic and philosophical meanings of the word may lead to a reification of value, creating a risk of irrelevance or the actors’ lack of interest in the subject.
ANCELIN-BOURGUIGNON, A. (1998). Management Accounting and Value Creation: Value Yes, but What Value ? 98044, ESSEC Business School.