Valuation devices and the dynamic legitimacy-performativity nexus: The case of PEP in the English legal profession

Existing studies have developed increasingly sophisticated accounts of the performative agency of valuation devices and their effects on markets and organizations. In particular, research has focused on the work of different actors to legitimize valuation devices and ensure their adoption, which then leads to performativity. This paper extends work on the legitimacy and performativity of valuation devices by developing a dynamic, non-linear...