City Research Online

Abstract

This paper studies the case of the socially responsible investment (SRI) industry in France. This case accounts for how the SRI category and practices have successfully moved from the margins of the industry in the late 1990s to become mainstream over two decades. We bring to the forefront the importance of three complementary factors in the process of causing corporations to transition toward more sustainable businesses: the role of investors and, in particular, institutional investors; the importance of the presence of a clear category definition and of intermediary organizations, providing ratings, scores, and other calculative devices; and the role of governments and regulators. With other studies, this case stresses the fundamental influence of investors in how corporations manage sustainability transitions.

Publication Type:	Article
Publisher Keywords:	ethical tools, ethics professionals, institutional theory, judicialisation, open polity, sociology of compliance
Departments:	Bayes Business School > Management
SWORD Depositor:	Symplectic Administrator

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