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Erschienen in: Journal of Business Ethics 4/2013

01.07.2013

The Glocalization of Responsible Investment: Contextualization Work in France and Québec

verfasst von: Jean-Pascal Gond, Eva Boxenbaum

Erschienen in: Journal of Business Ethics | Ausgabe 4/2013

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Abstract

This study investigates the institutional work that underlies the diffusion of responsible investment (RI) and enhances its adaptation to local settings. Building on institutional theory and actor–network theory, we advance the concept of contextualization work to describe the institutional work that sustains RI glocalization. Empirical data from two case studies highlight how entrepreneurial actors imported the notion of RI from the US to France and Québec. Our findings uncover three types of contextualization work—filtering, repurposing, and coupling—that sustain RI glocalization, and show how actors employed them in both settings to overcome the lack of technical, cultural, or political fit between the imported practice and their local context. Our results explain how divergent glocalized versions of RI are developed and adapted through contextualization work. Last, we discuss how our repertoire of contextualization work can account for local forms of a global concept and the uneven pattern of its diffusion.

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Fußnoten
1
Following Arjaliès (2010), our search—conducted in the Factiva database—included a variety of terms such as “ethical investment,” “responsible investment” and “socially responsible investment.”
 
2
According to our interviewees, the acronym ARESE stands for “Agence de Rating Environnemental et Social des Entreprises” which means literally, a social and environmental rating agency.
 
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Metadaten
Titel
The Glocalization of Responsible Investment: Contextualization Work in France and Québec
verfasst von
Jean-Pascal Gond
Eva Boxenbaum
Publikationsdatum
01.07.2013
Verlag
Springer Netherlands
Erschienen in
Journal of Business Ethics / Ausgabe 4/2013
Print ISSN: 0167-4544
Elektronische ISSN: 1573-0697
DOI
https://doi.org/10.1007/s10551-013-1828-6

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