Toward a sociology of the Brazilian Corporate Sustainability Index?

In order to collaborate with the academic debate about the social construction of economic tools, this article captures the social construction of the Corporate Sustainability Index (ISE) of Bovespa. From an economic approach, the index is the numeric representation of financial profitability of sus...

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Main Author: Marina de Souza Sartore
Format: Article
Language:English
Published: Universidade Federal de Pelotas 2011-12-01
Series:Pensamento Plural
Subjects:
Online Access:http://periodicos.ufpel.edu.br/ojs2/index.php/pensamentoplural/article/viewFile/3631/2967
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author Marina de Souza Sartore
author_facet Marina de Souza Sartore
author_sort Marina de Souza Sartore
collection DOAJ
description In order to collaborate with the academic debate about the social construction of economic tools, this article captures the social construction of the Corporate Sustainability Index (ISE) of Bovespa. From an economic approach, the index is the numeric representation of financial profitability of sustainable enterprises, however, from that of sociology, the ISE is the window to apprehend the symbolic struggles that constitute the Brazilian market of Socially Responsible Investment (SRI). This idea is demonstrated by the recovery of the chronological history of the development of ISE which shows the elements of the arbitrary political process searching for its economic neutrality. This article emphasizes the need to explore sociologically the financial indexes as well as other classification tools of the economic world.
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spelling doaj.art-138c378050a44892a6566cba3b472ccf2022-12-21T19:09:54ZengUniversidade Federal de PelotasPensamento Plural1982-27072238-46422011-12-0159139166Toward a sociology of the Brazilian Corporate Sustainability Index?Marina de Souza Sartore0Universidade Federal de GoiásIn order to collaborate with the academic debate about the social construction of economic tools, this article captures the social construction of the Corporate Sustainability Index (ISE) of Bovespa. From an economic approach, the index is the numeric representation of financial profitability of sustainable enterprises, however, from that of sociology, the ISE is the window to apprehend the symbolic struggles that constitute the Brazilian market of Socially Responsible Investment (SRI). This idea is demonstrated by the recovery of the chronological history of the development of ISE which shows the elements of the arbitrary political process searching for its economic neutrality. This article emphasizes the need to explore sociologically the financial indexes as well as other classification tools of the economic world.http://periodicos.ufpel.edu.br/ojs2/index.php/pensamentoplural/article/viewFile/3631/2967ISEeconomic toolsfinancial marketsfinancial sociologysocial responsible investing
spellingShingle Marina de Souza Sartore
Toward a sociology of the Brazilian Corporate Sustainability Index?
Pensamento Plural
ISE
economic tools
financial markets
financial sociology
social responsible investing
title Toward a sociology of the Brazilian Corporate Sustainability Index?
title_full Toward a sociology of the Brazilian Corporate Sustainability Index?
title_fullStr Toward a sociology of the Brazilian Corporate Sustainability Index?
title_full_unstemmed Toward a sociology of the Brazilian Corporate Sustainability Index?
title_short Toward a sociology of the Brazilian Corporate Sustainability Index?
title_sort toward a sociology of the brazilian corporate sustainability index
topic ISE
economic tools
financial markets
financial sociology
social responsible investing
url http://periodicos.ufpel.edu.br/ojs2/index.php/pensamentoplural/article/viewFile/3631/2967
work_keys_str_mv AT marinadesouzasartore towardasociologyofthebraziliancorporatesustainabilityindex