Changing the narrative: Responsible business beyond shareholder value

Description

Responsible business is a hot topic in 2020, with calls for companies to serve society as a whole, not just their shareholders. This is controversial for many reasons. First, companies also have a responsibility to their investors. Should social responsibility come at the expense of profit? What does the research say?

Second, how does a company actually put social responsibility into practice? How do you make decisions when shareholder value is no longer the primary objective?

Finally, what does it mean to be responsible in a time of crisis? Unilever has donated €100 million of food and sanitizer and is guaranteeing its workers’ jobs. But what if you’re a small business without millions to donate? Or a big business whose revenues have been hit so that you can’t keep paying your workers

Speakers

Alex Edmans, Professor of Finance at London Business School (LBS), author of Grow the Pie: How Great Companies Deliver Both Purpose and Profit and TED Speaker

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