Abstract
This paper conceptualizes standardization as institutional work to study the emergence of a standard and the deployment of its regulatory power. We rely on unique access to longitudinal archival data for exploring how the FTSE4Good index, a responsible investment index, emerged as a standard for socially responsible corporate behavior. Our results show how three types of standardization work – calculative framing, engaging and valorizing – support the design, legitimation and monitoring processes whereby a standard acquires its regulatory power. Our findings reveal new facets in the dynamics of standardization by approaching standardization as a product of institutional work and in showing how unintended consequences of that work can be recaptured to
Original language | English |
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Journal | Organization Studies |
Volume | 33 |
Issue number | 6 |
Pages (from-to) | 763-790 |
ISSN | 0170-8406 |
DOIs | |
Publication status | Published - May 2012 |
Externally published | Yes |
Keywords
- Institutional Work
- Legitimacy
- Regulatory Power
- Responsible Investment
- Standardization