IDEAS home Printed from https://ideas.repec.org/b/dau/thesis/123456789-10473.html
   My bibliography  Save this book

Contribution à l'étude de l'investissement socialement responsable : Les stratégies de légitimation des sociétés de gestion

Editor

Listed:
  • Colasse, Bernard

Author

Listed:
  • Déjean, Frédérique

Abstract

This dissertation gives an account of a study of the emergence of socially responsible investment in France. We adopt an interpretative and qualitative approach. The research aims at understanding the process favouring the integration of socially responsible investment within financial market. We focus on the role of mutual funds. The interpretation is elaborated with legitimacy theory, more precisely with Suchman's (1995) typology. The methodological data collection is based on semi-structured interviews and complementary data. We analyse interviews with the qualitative content analysis software NVivo. The interpretation underscores legitimation strategies. Results underline the importance of creation strategy initiated by social rating agencies, regarded as experts. In particular, the diffusion of a new model to evaluating corporate social performance seems to be a vehicle for the integration of socially responsible investment within financial market.

Suggested Citation

  • Déjean, Frédérique, 2004. "Contribution à l'étude de l'investissement socialement responsable : Les stratégies de légitimation des sociétés de gestion," Economics Thesis from University Paris Dauphine, Paris Dauphine University, number 123456789/10473 edited by Colasse, Bernard, June.
  • Handle: RePEc:dau:thesis:123456789/10473
    Note: dissertation
    as

    Download full text from publisher

    File URL: http://basepub.dauphine.fr/xmlui/bitstream/123456789/10473/1/These%20Frederique%20DEJEAN.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Dierkes, Meinolf & Berthoin Antal, Ariane, 1985. "The usefulness and use of social reporting information," EconStor Open Access Articles, ZBW - German National Library of Economics, pages 29-34.
    2. Frédérique Déjean & Jean-Pascal Gond, 2004. "La responsabilité sociétale des entreprises:enjeux stratégiques et méthodologies de recherche," Revue Finance Contrôle Stratégie, revues.org, vol. 7(1), pages 5-31, March.
    3. Caroline Marie-Jeanne, 2004. "Finance et éthique, la réconciliation ?," Revue d'Économie Financière, Programme National Persée, vol. 74(1), pages 319-332.
    4. Mackenzie, Craig & Lewis, Alan, 1999. "Morals and Markets: The Case of Ethical Investing," Business Ethics Quarterly, Cambridge University Press, vol. 9(03), pages 439-452, July.
    5. Samuel Mercier, 2004. "L'Ethique dans les entreprises," Post-Print hal-00156446, HAL.
    6. repec:dau:papers:123456789/320 is not listed on IDEAS
    7. Webley, Paul & Lewis, Alan & Mackenzie, Craig, 2001. "Commitment among ethical investors: An experimental approach," Journal of Economic Psychology, Elsevier, vol. 22(1), pages 27-42, February.
    8. Teoh, Siew Hong & Welch, Ivo & Wazzan, C Paul, 1999. "The Effect of Socially Activist Investment Policies on the Financial Markets: Evidence from the South African Boycott," The Journal of Business, University of Chicago Press, vol. 72(1), pages 35-89, January.
    9. Jérôme Ballet & Françoise De Bry & Aurélie Carimentrand & Patrick Jolivet, 2011. "L'entreprise et l'éthique," Post-Print halshs-00771565, HAL.
    10. Wiseman, Joanne, 1982. "An evaluation of environmental disclosures made in corporate annual reports," Accounting, Organizations and Society, Elsevier, vol. 7(1), pages 53-63, January.
    11. repec:dau:papers:123456789/657 is not listed on IDEAS
    12. Richardson, Alan J., 1987. "Accounting as a legitimating institution," Accounting, Organizations and Society, Elsevier, vol. 12(4), pages 341-355, June.
    13. Bricker, Robert & Chandar, Nandini, 2000. "Where Berle and Means went wrong: a reassessment of capital market agency and financial reporting," Accounting, Organizations and Society, Elsevier, vol. 25(6), pages 529-554, August.
    14. Frédérique Déjean & Jean-Pascal Gond, 2004. "La responsabilité sociétale des entreprises : enjeux stratégiques et méthodologies de recherche," Post-Print halshs-00153440, HAL.
    15. Bealing, William Jr & Dirsmith, Mark W. & Fogarty, Timothy, 1996. "Early regulatory actions by the SEC: An institutional theory perspective on the dramaturgy of political exchanges," Accounting, Organizations and Society, Elsevier, vol. 21(4), pages 317-338, May.
    16. repec:dau:papers:123456789/617 is not listed on IDEAS
    17. Carine Girard, 2001. "Une typologie de l'activisme des actionnaires minoritaires en France," Revue Finance Contrôle Stratégie, revues.org, vol. 4(3), pages 123-146, September.
    18. Jean Berthon, 2000. "Indices et performances boursières dans l’investissement éthique," Revue d'Économie Financière, Programme National Persée, vol. 56(1), pages 137-143.
    19. Neu, D. & Warsame, H. & Pedwell, K., 1998. "Managing public impressions: environmental disclosures in annual reports," Accounting, Organizations and Society, Elsevier, vol. 23(3), pages 265-282, April.
    20. Frédérique Déjean & Jean-Pascal Gond & Bernard Leca, 2004. "Measuring the unmeasured : An institutional entrepreneur strategy in an emerging industry," Post-Print halshs-00151270, HAL.
    21. Dierkes, Meinolf & Antal, Ariane Berthoin, 1985. "The usefulness and use of social reporting information," Accounting, Organizations and Society, Elsevier, vol. 10(1), pages 29-34, January.
    22. repec:dau:papers:123456789/1478 is not listed on IDEAS
    23. Neu, Dean, 1992. "The social construction of positive choices," Accounting, Organizations and Society, Elsevier, vol. 17(3-4), pages 223-237.
    24. Patten, Dennis M., 1990. "The market reaction to social responsibility disclosures: The case of the Sullivan principles signings," Accounting, Organizations and Society, Elsevier, vol. 15(6), pages 575-587.
    25. Carine Girard, 2001. "Une typologie de l'activisme des actionnaires minoritaires en France," Working Papers CREGO 1010101, Université de Bourgogne - CREGO EA7317 Centre de recherches en gestion des organisations.
    26. repec:dau:papers:123456789/3264 is not listed on IDEAS
    27. Rockness, Joanne & Williams, Paul F., 1988. "A descriptive study of social responsibility mutual funds," Accounting, Organizations and Society, Elsevier, vol. 13(4), pages 397-411, June.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    socially responsible investment; corporate social responsibility; mutual funds; legitimacy theory; qualitative content analysis software NVivo; investissement socialement responsable; responsabilité sociétale des entreprises; sociétés de gestion; théorie de la légitimité; logiciel d’analyse de données qualitatives NVivo;

    JEL classification:

    • G1 - Financial Economics - - General Financial Markets
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:dau:thesis:123456789/10473. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alexandre Faure). General contact details of provider: http://edirc.repec.org/data/daup9fr.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.