Asset value is actively managed, including downward, and its constructedness is obscured.

Evidence

Third, while asset prices may tend to rise as a result of their demand logic, this does not preclude the reverse in light of diverse valuation practices discussed above; for example, the valuation and management of value may involve attempts to increase value, to decrease value, to transform assets from one form to another (e.g., tangible to intangible), to transfer assets from one owner to another, and so on. … Value is, in this sense, both something to be created and something whose creation tends to be denied. — Kean Birch, Rethinking Value in the Bio-economy, 44

Categorization

• QUESTION: The claim that value creation ‘tends to be denied’ invites exploring case-level evidence: do bioeconomy firms explicitly obscure value-reduction strategies in investor communications, or is the denial more diffuse?
• SEED: An angle: how intangible asset value is manufactured not discovered — the accounting tricks, relabeling, and governance practices that conjure value on a balance sheet.
• XREF: connects to: Asset value is constituted by active management within organizations, not by biological properties. — Kean Birch, Rethinking Value in the Bio-economy:…, 47; Finance manages rather than creates value under capitalism. — Max Haiven, Cultures of Financialization, 98; Assetization constitutes a distinct logic of investment irreducible to speculation or rentiership — Paul Langley, Assets and Assetization in…, 27

Related

• Asset value is constituted by active management within organizations, not by biological properties. (similarity 0.88)
• Value is not inherent in things but achieved through capitalization practices. (similarity 0.84)
• Value in the bio-economy is produced through valuation practices, not intrinsic to biological matter. (similarity 0.84)
• Asset value derives from future earnings rather than intrinsic commodity value (similarity 0.83)
• Value in the bio-economy is managed through asset governance, not product sales. (similarity 0.83)
• Understanding value requires studying the assets underpinning firm valuation, not commodity production. (similarity 0.83)
• Assetization constitutes a distinct logic of investment irreducible to speculation or rentiership (similarity 0.82)
• Value in the bio-economy is better theorized through assetization than commodification. (similarity 0.81)
• Value is constituted by knowledge and practice, not merely hype. (similarity 0.81)
• Capitalization builds the thing being valued at the same time it appraises that thing (similarity 0.80)
• Analyzing bio-economy value requires focusing on assets rather than commodities (similarity 0.80)
• Bio-economy valuation practices are not peculiar to that sector. (similarity 0.80)
• Accounting for biological assets reflects chosen methods, not intrinsic biological qualities (similarity 0.80)
• In the bioeconomy, informational signaling about assets, not product sales, constitutes firm value. (similarity 0.80)
• Understanding value as assetization requires analyzing political economy, not just applying STS to finance. (similarity 0.79)

Broader Connections

• Finance manages rather than creates value under capitalism. #expands (0.82) — Max Haiven, Cultures of Financialization, 98
• Assetization constitutes a distinct logic of investment irreducible to speculation or rentiership #expands (0.78) — Paul Langley, Assets and Assetization in…, 27