- 著者
-
山縣 正幸
- 出版者
- 日本経営学会
- 雑誌
- 日本経営学会誌 (ISSN:18820271)
- 巻号頁・発行日
- vol.36, pp.49-61, 2015 (Released:2017-03-23)
This paper aims to clarify the contemporary significance of Heinrich Nicklisch’s concept. In particular, we argue that his model of “Value Dynamics (Wertumlauf)” can be applied to explicate the relationship between a firm and its stakeholders which is referred to as a “value exchange relationship (= Austauschungsbeziehungen)”.
Nicklisch’s Value Dynamics Model is focused on both value creation for the “desire satisfaction”and the distribution for contribution by various stakeholders. The latter aspect is very important to actualize the sustainable development of the firm in a dynamic environment. The reason is that a stakeholder’s expectation (= desire) for firms may changes or expands rapidly. In such situations, firms should do what they can to capture necessary resources and capabilities from the stakeholders with satisfaction of their desires and expectations. Nevertheless, they have long been overlooked in previous studies on the stakeholder view of the firms / stakeholder theory. It seems necessary that we build a framework that seeks to explain the value exchange relationship with Nicklisch’s concept as it may offer elucidation for the mechanism of this relationship.
We have divided the paper into three sections; First, we point out that Nicklisch’s framework focuses on the stream of the values (=value creation process). This framework is established to ex102 plain the process to transform various resources and capabilities into products and services with book keeping and accounting. Next, we examine his three laws of organization (=organizing laws), “Free (Frei)”, “Design (Gestaltung)”, and “Maintenance (Erhaltung)”. These laws have been repeatedly criticized in their normativity, in particular, “the Law of Free”. However, Nicklisch has advocated them based on empirical facts and the economic theories (Austrian school and Marginal Utility Theory). Through the integration of the three laws and the stream of the values, he has argued the possibility of two equilibriums of (1) activities for the value creation, and (2) distribution and contribution in the stakeholders relationship. In the final section, we apply his model to the elucidation of the stakeholders relationship in a contemporary firms with associating value added accounting and New Institutional Economics / the findings of the positive econometric analysis. Through this inquiries, we make an attempt to reposition Nicklisch’s concept in the history of management thought, and posit that his model can be extended into stakeholder-oriented firm theory.