Les Cahiers de Recherche - HEC Paris
Exploring the role of objects in the transformation of logics: a practice perspective
Abstract: Author's abstract. This article aims to examine the role
of objects in the transformation of logics (Thornton & Ocasio, 2008) at the
practice level. In particular, it explores how financial actors use,
transform and are constrained by their ‘market devices' : - defined as a
range of instruments, models and tools used by financial markets (Callon,
Millo, & Muniesa, 2007) ; – when aiming to (re)design their logics and
practices towards more sustainability. It develops a theoretical model
based on ever expanding, institutional theory by combining it with practice
theories. In particular, the article argues that actors transform their
practices, logics and objects, by transforming an epistemic object through
a collective inquiry. Empirical support is drawn from a three-year
ethnography study of a French asset management company that attempted to
(re)design its equity investment process, following new demands for
Socially Responsible Investment (SRI).
Research methods combine
participative observation, semi-structured interviews and documentary
evidence. Theoretical and methodological contributions are outlined for
both institutional and practice theories.
Keywords: inquiry; logics; objects; practices; pragmatism; (follow links to similar papers)
28 pages, January 1, 2011
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Design Joakim Ekebom