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Challengers from Within Economic Institutions: A Second-Class Social Movement? A Response to Déjean, Giamporcaro, Gond, Leca and Penalva-Icher’s Comment on French SRI

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  • Diane-Laure Arjaliès

Abstract

In a recent comment made about my paper “A Social Movement Perspective on Finance: How Socially Responsible Investment Mattered” (J Bus Ethics 92:57–78, 2010), published in this journal, Déjean, Giamporcaro, Gond, Leca and Penalva-Icher (J Bus Ethics 112:205–212, 2013) strongly criticize the social movement perspective adopted on French SRI. They both contest the empirical analysis of the movement and the possibility for insiders to trigger institutional change towards sustainability. This answer aims to address the different concerns raised throughout their comment and illuminate the differences between both approaches. It first explains why SRI in France can be considered as a social movement, despite not being protest-oriented. It then reflects on the dangers of systematically associating societal change with radical activism. It concludes by elaborating on the importance of acknowledging the potential contribution of reformist movements from within the economic institutions to the enhancement of the social good. Copyright Springer Science+Business Media Dordrecht 2014

Suggested Citation

  • Diane-Laure Arjaliès, 2014. "Challengers from Within Economic Institutions: A Second-Class Social Movement? A Response to Déjean, Giamporcaro, Gond, Leca and Penalva-Icher’s Comment on French SRI," Journal of Business Ethics, Springer, vol. 123(2), pages 257-262, August.
    • Handle: RePEc:kap:jbuset:v:123:y:2014:i:2:p:257-262
    DOI: 10.1007/s10551-013-1811-2
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    References listed on IDEAS

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    1. F. Déjean & S. Giamporcaro & J.P. Gond & B. Leca & E. Penalva-Icher, 2013. "Mistaking an Emerging Market for a Social Movement? A Comment on Arjaliès' Social-Movement Perspective on Socially Responsible Investment in France," Post-Print hal-00802216, HAL.
    2. Frédérique Déjean & Stéphanie Giamporcaro & Jean-Pascal Gond & Bernard Leca & Elise Penalva-Icher, 2013. "Mistaking an Emerging Market for a Social Movement? A Comment on Arjaliès’ Social-Movement Perspective on Socially Responsible Investment in France," Journal of Business Ethics, Springer, vol. 112(2), pages 205-212, January.
    3. Frédérique Déjean & Jean-Pascal Gond & Bernard Leca, 2004. "Measuring the unmeasured : An institutional entrepreneur strategy in an emerging industry," Post-Print halshs-00151270, HAL.
    4. repec:dau:papers:123456789/8360 is not listed on IDEAS
    5. Bessire, Dominique & Onnée, Stéphane, 2010. "Assessing corporate social performance: Strategies of legitimation and conflicting ideologies," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 21(6), pages 445-467.
    6. Frédérique Déjean & Stéphanie Giamporcaro & Jean-Pascal Gond & Bernard Leca & Elise Penalva-Icher, 2013. "Mistaking an emerging market for a social movement? A reply to Arjaliès' social movement perspective on socially responsible investment in France," Post-Print hal-00779797, HAL.
    7. Diane-Laure Arjaliès & Julia Mundy, 2013. "The use of management control systems to manage CSR strategy: A levers of control perspective," Post-Print hal-00980329, HAL.
    8. repec:dau:papers:123456789/1478 is not listed on IDEAS
    9. Jeremy Moon, 2007. "The contribution of corporate social responsibility to sustainable development," Sustainable Development, John Wiley & Sons, Ltd., vol. 15(5), pages 296-306.
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