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  5. Marketing and compromising for sustainability: Competing orders of worth in the North Atlantic
 
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Marketing and compromising for sustainability: Competing orders of worth in the North Atlantic

Alternative Title
Marketing and Compromising for Sustainability: Green Chemistry, Regulation and Competing Orders of Worth in the North Atlantic
Author(s)
Finch, John  
Geiger, Susi  
Harkness, Rachel Joy  
Uri
http://hdl.handle.net/10197/8183
Date Issued
2016-07-11
Date Available
2016-12-02T16:02:40Z
Abstract
The purpose of our article is to propose that compromising is a constitutive characteristic of those marketing systems that entail matters of public interest or concern. In such markets, actors design compromises as they encounter criticisms of and contending justifications for the market's products, as these refer to price, efficiency in production and use, regulatory compliance or ecological sustainability. Tests and justifications are vital in order to determine what is valuable and by which measure. As a theory framework, the economic sociology of conventions provides a basis for assessing these contests, compromises, and justifications over the issue of worth in a marketing context. Through an ethnographic study of the regulated activities of chemicals service companies supporting the upstream petroleum industry, we assess how actors evaluate and justify the market's products and services in this environmentally sensitive setting by means of tests drawing from different orders of worth: the green, the industrial and the market order. Our contributions show that by artful and pragmatic compromising around exchanges, actors in marketing systems can balance several conflicting orders of worth over the question of worth without needing to converge on an overriding institutional logic.
Other Sponsorship
Leverhulme Trust
Type of Material
Journal Article
Publisher
Sage Publications
Journal
Marketing Theory
Volume
17
Issue
1
Start Page
71
End Page
93
Copyright (Published Version)
2017 the Authors
Subjects

Compromise

Economics of conventi...

Environmental markets...

Market systems

Orders of worth

Sustainability

Valuation studies

DOI
10.1177/1470593116657924
Language
English
Status of Item
Peer reviewed
This item is made available under a Creative Commons License
https://creativecommons.org/licenses/by-nc-nd/3.0/ie/
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Mkt_Theory_Finch_et_al_final_submitted_text.pdf

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538.8 KB

Format

Adobe PDF

Checksum (MD5)

d7fb6691674ab3f5e8d8c1cc5e74153f

Owning collection
Business Research Collection

Item descriptive metadata is released under a CC-0 (public domain) license: https://creativecommons.org/public-domain/cc0/.
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