Putting Things in Place: Institutional Objects and Institutional Logics

Forthcoming in Research in the Sociology of Organizations (ed. Lounsbury M., Smets M.)

53 Pages Posted: 24 Feb 2020

See all articles by Roger Friedland

Roger Friedland

University of California, Santa Barbara

Diane-Laure Arjaliès

Ivey Business School at Western University

Date Written: January 27, 2020

Abstract

This paper explores the role of institutional objects in the constitution of institutional logics. Institutional objects depend for their objectivity on the goods produced through those objects, such as economic models, passports or sacred texts. We theorize institutional logics as grammars of valuation that institutionalize goods through institutional objects. We identify four value moments through which goods are objectified: institution, the instituting of a good, a belief and an imagination of its objective goodness; production, how the good is produced, what practices are productive of the good; evaluation, how good is the good, the practices and objects through which worth in terms of that good is determined, and territorialization, the domain of reference of the good, to what objects and practices a good can and does refer in its instantiations. We assess the adequacy of our model through an institutional object based on the good of “market value” - i.e. an options pricing model. We discuss the implications of these findings for institutional logical theory and the sociology of valuation.

Keywords: Institutional Logics, Institutional Objects, Valuation, Performativity, Values

JEL Classification: M1, N2

Suggested Citation

Friedland, Roger and Arjaliès, Diane-Laure, Putting Things in Place: Institutional Objects and Institutional Logics (January 27, 2020). Forthcoming in Research in the Sociology of Organizations (ed. Lounsbury M., Smets M.) , Available at SSRN: https://ssrn.com/abstract=3526484

Roger Friedland

University of California, Santa Barbara ( email )

Santa Barbara, CA 93106
United States

Diane-Laure Arjaliès (Contact Author)

Ivey Business School at Western University ( email )

London, Ontario
Canada

HOME PAGE: http://www.ivey.uwo.ca/faculty/directory/diane-laure-arjalies/

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