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Making and measuring value : comparison, singularity and agency in brand valuation practice

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Moor, Liz and Lury, Celia. (2011) Making and measuring value : comparison, singularity and agency in brand valuation practice. Journal of Cultural Economy, 4 (4). pp. 439-454. ISSN 1753-0350

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Official URL: http://dx.doi.org/10.1080/17530350.2011.609708

Abstract

This paper explores the use of three different forms of valuation and measurement by or on behalf of brands and branded organizations: financial brand valuation; brand equity measurement; and internal social or environmental evaluations. These systems, it is argued, are sites at which possible relationships between economic and other values are explored, and at which understandings of what is valuable emerge in tandem with the means for acknowledging and measuring it. By tracing the contexts and workings of these systems the paper shows how they allow aspects of the social world, including relationships and affects, to be partially absorbed into the brand as values. We argue that in an environment in which ‘value’ is imagined to be diffuse but omnipresent, the proliferation of valuation systems evidences both a requirement for new forms of measurement (capable of capturing multiple forms of value) and a search for novel ways of linking measurement and valuation. The paper concludes with an exploration of how these new ways of linking measurement and valuation may allow economic agency to be recognized and distributed.

Item Type: Journal Article
Subjects: H Social Sciences > HM Sociology
Divisions: Faculty of Social Sciences > Centre for Interdisciplinary Methodologies
Journal or Publication Title: Journal of Cultural Economy
Publisher: Routledge
ISSN: 1753-0350
Date: 19 October 2011
Volume: 4
Number: 4
Page Range: pp. 439-454
Identification Number: 10.1080/17530350.2011.609708
Status: Peer Reviewed
Publication Status: Published
Access rights to Published version: Restricted or Subscription Access
URI: http://wrap.warwick.ac.uk/id/eprint/50992

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