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Investment is no longer a matter of individual savers directly choosing which shares or bonds to buy. Rather, most of their money flows through a 'chain': an often extended sequence of intermediaries. What goes on in that chain is of huge importance: The world's investment managers, who are now...
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The article argues that performativity theory can shed light on the process of emergence of institutions. This process is not strictly constitutive: institutions such as a new state, a new political party or a firm do not appear at the very moment when somebody declares them as existent. There...
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In this paper, I suggest that financial products simultaneously inhabit two regimes of valuation: calculative and consumptive. There are constant endeavors in the market to develop formal mathematical methods of valuation and to use them as a base for investment decisions. Using the example of...
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Investment is no longer a matter of individual savers directly choosing which shares or bonds to buy. Rather, most of their money flows through a "chain": an often extended sequence of intermediaries. What goes on in that chain is of huge importance: The world's investment managers, who are now...
Persistent link: https://www.econbiz.de/10011706589
This innovative book employs the social studies of finance approach which aims to enhance the dialog between finance and sociology by addressing the blind spots of economic and financial theories. In so doing, it challenges the accusations made towards financial models in the aftermath of the...
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