Legitimacy and Discourse in Impact Investing: Searching for the Holy Grail

Othmar M. Lehner, Theresia Harrer, Madeleine Quast

Research output: Chapter in Book/Report/Conference proceedingsConference contributionpeer-review

Abstract

We look how legitimacy in the impact investing market is being used in order to counteract the liability of newness. Applying a discourse-analysis, we find that actors use rhetorical-strategies and discursive-foci based on their relative positioning in the field, which leads to communications gaps and power struggles.

Original languageEnglish
Title of host publicationAcademy of Management Proceedings
DOIs
Publication statusPublished - 2018
EventAcademy of Management Conference Best Paper Proceedings - Boston, United States
Duration: 9 Aug 201913 Aug 2019

Publication series

NameAcademy of Management Proceedings
ISSN (Print)0065-0668
ISSN (Electronic)2151-6561

Conference

ConferenceAcademy of Management Conference Best Paper Proceedings
Country/TerritoryUnited States
CityBoston
Period09.08.201913.08.2019

Keywords

  • legitimacy
  • impact investing
  • impact reporting
  • discourse
  • communication

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