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Home | Events Archive | How Great Companies Deliver Both Purpose and Profit
Seminar

How Great Companies Deliver Both Purpose and Profit


  • Series
    ACLE Law & Economics Seminars
  • Speaker(s)
    Alex Edmans (London Business School, United Kingdom)
  • Field
    Finance
  • Location
    Online
  • Date and time

    February 23, 2021
    14:00 - 15:15

Abstract

Purpose is one of the corporate buzzwords of 2020, with the politicians, the public, and even investors themselves calling on businesses to serve wider society. But it seems unrealistic to think about purpose in a pandemic when companies are strapped for cash, and companies also have a responsibility to their shareholders. Is there a trade-off between purpose and profit, or is it possible for companies to achieve both?

Talk

This talk will critically examine the case for purposeful business, using rigorous evidence and real-life examples to show what works – and, importantly, what doesn’t. It will discuss practical ways for businesses of all sizes to put purpose into practice, and how investors and citizens can play their part. Professor Alex Edmans will draw on his new book, “Grow the Pie: How Great Companies Deliver Both Purpose and Profit”, which was named to the Financial Times Business Books of the Year for 2020.