Orchestrating Governmental Corporate Social Responsibility Interventions through Financial Markets: The Case of French Socially Responsible Investment

Business Ethics Quarterly 30 (3):288-334 (2020)
  Copy   BIBTEX

Abstract

ABSTRACTAlthough a growing stream of research investigates the role of government in corporate social responsibility, little is known about how governmental CSR interventions interact in financial markets. This article addresses this gap through a longitudinal study of the socially responsible investment market in France. Building on the “CSR and government” and “regulative capitalism” literatures, we identify three modes of governmental CSR intervention—regulatory steering, delegated rowing, and microsteering—and show how they interact through the two mechanisms of layering and catalyzing. Our findings: 1) challenge the notion that, in the neoliberal order, governments are confined to steering market actors—leading and guiding their behavior—while private actors are in charge of rowing—providing products and services; 2) show how governmental CSR interventions interact and are orchestrated; and 3) provide evidence that governments can mobilize financial markets to promote CSR.

Other Versions

No versions found

Links

PhilArchive



    Upload a copy of this work     Papers currently archived: 98,353

External links

Setup an account with your affiliations in order to access resources via your University's proxy server

Through your library

Similar books and articles

On the corporate social responsibility perceptions of equity analysts.Christian Fieseler - 2011 - Business Ethics, the Environment and Responsibility 20 (2):131-147.

Analytics

Added to PP
2020-04-09

Downloads
21 (#871,918)

6 months
6 (#736,609)

Historical graph of downloads
How can I increase my downloads?