The institutional work of responsible investing: Institutional creation, maintenance and meaning construction
(English)Manuscript (preprint) (Other academic)
This article examines socially responsible investing (SRI) as a form of institutional work that institutional investors engage in. The lens of institutional work is applied to a qualitative interview study on how institutional investors in Sweden take part in SRI. The article shows that the practice of SRI involves both institutional creation and maintenance, through the creation of new practices as well as the maintenance of the existing institution of financial investments. As argued in the article, this dual institutional process has implications for the meanings given to SRI. By connecting institutional creation and institutional maintenance and linking them to meaning construction, this article contributes to the research on institutional work with an innovative analysis of how a concept is given meaning through the actions of institutional investors such as banks, pension funds, insurance companies and asset management companies, as well as the individuals within these organisations.
institutional work, socially responsible investing, institutional maintenance, institutional creation, social construction, institutional investors, Sweden
Research subject Sociology
IdentifiersURN: urn:nbn:se:su:diva-136002OAI: oai:DiVA.org:su-136002DiVA: diva2:1050247