Other affiliations: European Business School London, European Business School Paris
Bio: Marc Lenglet is an academic researcher from NEOMA Business School. The author has contributed to research in topic(s): Performative utterance & Variety (cybernetics). The author has an hindex of 5, co-authored 19 publication(s) receiving 93 citation(s). Previous affiliations of Marc Lenglet include European Business School London & European Business School Paris.
01 Jul 2019-Organization
TL;DR: A typology for various interpretations of algorithms as ethnographic objects is developed, accounting for their structural ignorance and shedding light on a continuum of the changing human-machine/trader-algorithm relation.
Abstract: In this article, we make sense of financial algorithms as new objects of concern for organizational ethnography. We conceive of algorithms as ‘objects of ignorance’ jeopardizing traditional ethnogr...
21 Sep 2018-Research Papers in Economics
TL;DR: In this article, the authors present an edited collection of contributions from authors working within the social studies of finance (SSOF) tradition, a research programme that emerged twenty years ago, with the aim of addressing a diversity of financial fieldworks and related theoretical questions.
Abstract: Using a variety of theoretical frameworks drawn from the social sciences, the contributions in this edited collection offer a critical perspective on the dominant paradigms used in contemporary financial activities. Through a detailed study of the organisation and functioning of financial intermediaries and institutions, the contributors to this volume analyse ‘finance in the making’, by shedding light on the structuring of banking and financial systems, on their capacity to prescribe action and control, on their modes of regulation and, more generally, on the process of financialisation. Contributions presented in this volume have been written by authors working within the ‘social studies of finance’ tradition, a research programme that emerged twenty years ago, with the aim of addressing a diversity of financial fieldworks and related theoretical questions. This book, therefore, sheds light on different areas that are representative of contemporary financial realities. Specifically, it first studies the work of financial employees: traders, salespeople, investment managers, financial analysts, investment consultants, etc. but also provides an analysis of a range of financial instruments: financial schemes and contracts, financial derivatives, socially responsible investment funds, as well as market rules and regulations. Finally, it puts into perspective the organisations contributing to this financial reality: those developing and selling financial services (retail banks, brokerage houses, asset management firms, private equity firms, etc.), and also those contributing to the regulation of such activities (banking regulators, financial market authorities, credit rating agencies, the State, to name a few). Each text can be read without any specific knowledge of finance; the book is thus addressed to anyone willing to better understand the intricacies of contemporary financial realities.
01 Jan 2017
TL;DR: In this article, the authors propose an etude des evolutions subies par la fonction deontologie au sein des etablissements de credit and des entreprises d'investissement entre 2003 and 2006.
Abstract: Cet article propose une etude des evolutions subies par la fonction deontologie au sein des etablissements de credit et des entreprises d’investissement entre 2003 et 2006. Partant d’une approche qualitative associant observation-participante et analyse de donnees secondaires, nous mettons en evidence la coexistence de deux conceptions du controle interne : l’une trouvant ses racines dans la deontologie financiere (intervenant ex ante), l’autre dans le controle effectue a posteriori (intervenant ex post). Sur le plan theorique, l’analyse se fonde sur les travaux consacres par Paul Ricœur a l’articulation des notions d’ethique et de morale, et entend contribuer a la litterature en controle interne dans le secteur bancaire et financier. Nous montrons ainsi comment l’introduction de la notion de risque de non-conformite dans les textes reglementaires en 2005 a modifie la fonction deontologie. Cette analyse permet enfin de mettre en perspective les consequences de cette evolution, qui consacre la conformation demonstrative a la norme aux depens de la capacite a reconnaitre en pratique dans les normes une pretention legitime a regler les conduites.
01 Sep 2020-Global Policy
TL;DR: In this article, the authors argue that not all digital technologies pose the same challenges for public regulators, and they provide a typology of digital technologies that importantly highlights how different technical artifacts affect differently local, national, regional and global distributions of power.
Abstract: Digital technologies are often described as posing unique challenges for public regulators worldwide. Their fast-pace and technical nature are viewed as being incompatible with the relatively slow and territorially bounded public regulatory processes. In this paper, we argue that not all digital technologies pose the same challenges for public regulators. We more precisely maintain that the digital technologies' label can be quite misleading as it actually represents a wide variety of technical artifacts. Based on two dimensions, the level of centralization and (im)material nature, we provide a typology of digital technologies that importantly highlights how different technical artifacts affect differently local, national, regional and global distributions of power. While some empower transnational businesses, others can notably reinforce states' power. By emphasizing this, our typology contributes to ongoing discussions about the global regulation of a digital economy and helps us identify the various challenges that it might present for public regulators globally. At the same time, it allows us to reinforce previous claims that these are importantly, not all new and that they often require us to solve traditional cooperation problems.
01 Mar 2010-Philosophy of Management
TL;DR: In this article, the authors investigate five distinct perspectives: legal, economic, historical, philosophical, and sociological, to understand the moral reticence of French companies towards whistleblowing, and report on an economic survey, that gathers empirical data from 82 large French corporations, and analyzes different business sectors and the working population covered by a whistleblowing procedure.
Abstract: Denunciations, disclosures and reporting: why do whistleblowing procedures create an ethical dilemma in French corporations? Since July 2006, the requirement that foreign multinationals listed on the New York Stock Exchange (NYSE) implement this practice has been met with stiff resistance in many French companies. French labor unions see this controversy as a clash between the French and Anglo-Saxon models of transparency. To understand the moral reticence of French companies towards whistleblowing, we investigate five distinct perspectives: legal, economic, historical, philosophical and sociological. 1/ We first probe into the legal contradictions in French regulations and find in these paradoxes the symptoms of a national taboo. 2/We report on an economic survey, that gathers empirical data from 82 large French corporations, and analyzes different business sectors in France and the working population covered by a whistleblowing procedure. 3/ To elicit the etiology of this taboo, we return to the historical sources of the Dreyfus Affair and the Vichy regime, whose political traumas remain imprinted on the collective French memory. The linguistic confusion between the two French terms delation and denonciation shows why whistleblowing is perceived in France more as an act of betrayal than of heroism. 4/ The philosophical roots of whistleblowing also shed light on the organizational behavior of French companies and the transparency they are struggling to promote. 5/Entangled in sociological ambiguities, we discuss why French companies see whistleblowing as a risk, not as a means to prevent risk.
01 Jan 2008
TL;DR: In this article, the authors argue that rational actors make their organizations increasingly similar as they try to change them, and describe three isomorphic processes-coercive, mimetic, and normative.
Abstract: What makes organizations so similar? We contend that the engine of rationalization and bureaucratization has moved from the competitive marketplace to the state and the professions. Once a set of organizations emerges as a field, a paradox arises: rational actors make their organizations increasingly similar as they try to change them. We describe three isomorphic processes-coercive, mimetic, and normative—leading to this outcome. We then specify hypotheses about the impact of resource centralization and dependency, goal ambiguity and technical uncertainty, and professionalization and structuration on isomorphic change. Finally, we suggest implications for theories of organizations and social change.
01 Jan 1990-Social Science & Medicine
01 Jan 2007-Research Papers in Economics
TL;DR: In this article, a pragmatic analysis of closing prices at the Paris Bourse is presented, based on the concept of the sign of the price of a sign and its relationship to a certain event.
Abstract: This article contributes to a pragmatist analysis of pricing and valuation through an account of the production of closing prices at the Paris Bourse. The Paris Bourse is an electronic stock exchange and the actors in charge of its technological configuration often need to face concerns about the quality of the prices that the configuration produces. Closing prices are particularly important because they constitute references that circulate widely. The author analyses how a problem of representativeness of closing prices was raised in the late 1990s and how several techniques aimed at solving it. In order to deal with this problem of representativeness, the author proposes the consideration of prices as signs in a pragmatist manner. Adapting Charles S. Peirce's theory of the sign to the study of prices, the author concentrates attention on the material display of prices, on their capacity to stand as traces of some event, and on the way they may suit a set of calculative conventions.
07 Dec 2018
TL;DR: In this article, a politique juridique de conformite environnementale menee par ces entreprises is discussed. But the socle de the politique is not discussed.
Abstract: Cette etude porte sur la conformite environnementale, une politique juridique au service de la performance globale de l’entreprise. Il s’agira de demontrer que les reglementations environnementales et les normes environnementales volontaires auxquelles tentent de se conformer les entreprises et les Etats, peuvent ameliorer a la fois leur protection de l’environnement, leur competitivite, et dans une certaine mesure leur performance sociale. Cette conformite environnementale a pris un essor particulier depuis les grands phenomenes economiques induits par la mondialisation. La mondialisation se caracterise depuis les annees 1970 par l’avenement d’une economie de marche ouverte dans laquelle les entreprises circulent librement d’un pays a un autre. Cette economie repose notamment sur le libre-echange des biens, des services, des technologies, des capitaux, ainsi que sur libre circulation des entreprises elles-memes. La mondialisation se caracterise egalement, du fait de l’ouverture de cette economie, par la mise en concurrence des Etats et des entreprises a l’echelle internationale. Ce phenomene economique de la mondialisation a toutefois entraine une degradation majeure de l’environnement au fil des annees. Afin de repondre a ces differents enjeux, les Etats ont mis en place des mecanismes reglementaires ainsi que des mecanismes volontaires de protection de l’environnement destines a encadrer les activites des entreprises, qui forment le socle de la politique juridique de conformite environnementale menee par ces entreprises. Les entreprises tentent alors de s’adapter a ces mecanismes juridiques afin de mieux proteger l’environnement, mais aussi afin de devenir plus competitives.