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Collectively accepted social norms and performativity: the pursuit of normativity of globalization in economic institutions

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  • Noriaki Okamoto

Abstract

Although the philosophical literature on social institutions has been insightful for social scientific studies, the application of its core concepts, such as collective intentionality, to real institutional dynamics remains challenging. One factor contributing to this situation is insufficient work that identifies collectively accepted social norms and shows how they constitute social institutions. Relying on the perspectives of John Searle and Raimo Tuomela, this study integrates recent analyses of the concept of performativity with discourse analysis. It presents an analytic framework, drawing on the concept of nominalization, to identify collectively accepted social norms that performatively constitute social institutions. Finally, it illustrates the identification of collectively accepted ‘globalization’ that performatively constitutes and shapes economic institutions engaged in corporate financial reporting. This study contributes to closing the gap between philosophical analyses of social institutions and social scientific studies by highlighting the performance of nominalized collectively accepted social norms.

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  • Noriaki Okamoto, 2020. "Collectively accepted social norms and performativity: the pursuit of normativity of globalization in economic institutions," Journal of Economic Methodology, Taylor & Francis Journals, vol. 27(3), pages 226-239, July.
  • Handle: RePEc:taf:jecmet:v:27:y:2020:i:3:p:226-239
    DOI: 10.1080/1350178X.2019.1707850
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    Cited by:

    1. Noriaki Okamoto, 2024. "Financialisation in the context of cross-shareholding in Japan: The performative pursuit of better corporate governance," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 28(1), pages 337-357, March.
    2. Okamoto, Noriaki, 2022. "Financialisation in the context of cross-shareholding in Japan: the performative pursuit of better corporate governance," LSE Research Online Documents on Economics 117994, London School of Economics and Political Science, LSE Library.

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