When socially responsible investment analysis becomes financial: an analysis of cognitive and organizational instruments of legitimacy

Isabelle Chambost (1) , Faycal Benchemam (2)

1 LIRSA - Laboratoire interdisciplinaire de recherche en sciences de l'action
2 UPE - Université Paris-Est

Developed in France in SRI research houses, Socially Responsible Investment (SRI) analysis emerges in brokerage firms. Its entry in the core of organizational field of financial information treatment raises questions about the evolution of the practices. This field study analyses how SRI analysts get legitimacy, how they are managed in brokerage firms and how organisational and institutional contexts shape the ways they form their opinions and interpret information.

Keywords: Socially Responsible Investment; Institutionalization; management appliance; financial analysts; extra-financial information

Domains: Business administration

Isabelle Chambost, Faycal Benchemam. When socially responsible investment analysis becomes financial: an analysis of cognitive and organizational instruments of legitimacy. International Federation of Scholarly Associations of Management, May 2010, Paris, France. ⟨hal-03135032⟩