One of the central questions in strategy studies relates to understanding how economic value that is created by a firm in its value network is captured by the focal firm versus a broader set of claimants. In this workshop, we will examine dominant value creation and appropriation perspectives, with particular attention paid to emerging work that incorporates considerations of a broader, heterogeneous set of firm-stakeholder relationships to understand the associated value implications, not just on a private (i.e. firm-level) but also social and public value level.