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Qu’il est bon d’être méchant! Paradoxe de l’illégitimité organisationnelle dans le contexte des banques d’investissement
[It feels so good to be bad! Paradox of organizational illegitimacy in the context of investment banks]

Author

Listed:
  • Roulet, Thomas

Abstract

This study explores the relationship between organizational legitimacy and illegitimacy. It combines media content analysis and quantitative approaches to empirically investigate this link in the specific context of investment banks in the United States. Illegitimacy can paradoxically signal conformity to field level norms. Thus, the more banks are attacked by the print media, the more prestigious they are seen by their peers.

Suggested Citation

  • Roulet, Thomas, 2015. "Qu’il est bon d’être méchant! Paradoxe de l’illégitimité organisationnelle dans le contexte des banques d’investissement [It feels so good to be bad! Paradox of organizational illegitimacy in the c," MPRA Paper 61811, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:61811
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    File URL: https://mpra.ub.uni-muenchen.de/61811/1/MPRA_paper_61811.pdf
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    References listed on IDEAS

    as
    1. Cynthia E. Devers & Todd Dewett & Yuri Mishina & Carrie A. Belsito, 2009. "A General Theory of Organizational Stigma," Organization Science, INFORMS, vol. 20(1), pages 154-171, February.
    2. Tiffany L. Galvin & Marc J. Ventresca & Bryant A. Hudson, 2004. "Contested Industry Dynamics," International Studies of Management & Organization, Taylor & Francis Journals, vol. 34(4), pages 56-82, January.
    3. Heckman, James, 2013. "Sample selection bias as a specification error," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 31(3), pages 129-137.
    4. Thomas Roulet, 2015. "“What Good is Wall Street?” Institutional Contradiction and the Diffusion of the Stigma over the Finance Industry," Journal of Business Ethics, Springer, vol. 130(2), pages 389-402, August.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Thomas Roulet, 2019. "Les Evaluations Sociales en Stratégie : Légitimité, Réputation, Statut, Stigmate et Cie," Post-Print hal-01970557, HAL.

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    More about this item

    Keywords

    Légitimité et illégitimité organisationnelles; banques d’investissement; analyse de contenu media.;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M3 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising

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