Marketizing Social Change

Social Shareholder Activism and Responsible Investing

Dados Bibliográficos

ID2363344
AutoresLeslie King (0000-0002-2940-6077, Smith College, Northampton, MA, USA, autor correspondente), Elisabeth Gish (Nature Culture Consulting, Phnom Penh, Cambodia)
Ano2015
Volume58
Fascículo4
Páginas711-730
Data de publicação2015-12-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoSociological Perspectives (JOURNAL)
Identificadores do periódicoISSN: 0731-1214 • E-ISSN: 1533-8673
EditoraSAGE Publications Inc (PUBLISHER)
DOI10.1177/0731121415576799
OpenAlexW2048692839
IdiomaEN
Citações recebidas6
Referências citadas23

This article examines social shareholder advocacy and socially responsible investing (SRI) to better understand the marketization of activism and the intersection of business and social justice. We use archival, interview, and participant observation data to explore how social shareholder activism has increasingly come to be practiced for profit. We show how the movement's history in social justice activism of the 1960s and 1970s continues to shape the practice today, even while it is increasingly commodified, marketized, and shaped by the ideals and practices of business and finance. Shareholder activists and other SRI advocates have created a new market and a hybrid form of investing that melds social and environmental concerns with financial profit. However, as the fundamental principles of capital accumulation remain unaltered, these practitioners find themselves pulled and pushed between the competing logics of activist ideals and investment finance

Commodification · Corporate governance · Economics · Market economy · Marketization · Political economy · Political science · Public relations · Shareholder · Social activism · Social movement · Sociology · Community Development and Social Impact · Corporate Social Responsibility Reporting · Law · Management and Organizational Studies · Finance