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Grow the Pie

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Grow the Pie

A Financial Times Book of the Year 2020! What is a responsible business? Common wisdom is that it''s one that sacrifices profit for social outcomes. But while it''s crucial for companies to serve society, they also have a duty to generate profit for investors - savers, retirees, and pension funds. Based on the highest-quality evidence and real-life examples spanning industries and countries, Alex Edmans shows that it''s not an either-or choice - companies can create both profit and social value. The most successful companies don''t target profit directly, but are driven by purpose - the desire to serve a societal need and contribute to human betterment. The book explains how to embed purpose into practice so that it''s more than just a mission statement, and discusses the critical role of working collaboratively with a company''s investors, employees, and customers. Rigorous research also uncovers surprising results on how executive pay, shareholder activism, and share buybacks can be used for the common good.
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A Financial Times Book of the Year 2020! What is a responsible business? Common wisdom is that it''s one that sacrifices profit for social outcomes. But while it''s crucial for companies to serve society, they also have a duty to generate profit for investors - savers, retirees, and pension funds. Based on the highest-quality evidence and real-life examples spanning industries and countries, Alex Edmans shows that it''s not an either-or choice - companies can create both profit and social value. The most successful companies don''t target profit directly, but are driven by purpose - the desire to serve a societal need and contribute to human betterment. The book explains how to embed purpose into practice so that it''s more than just a mission statement, and discusses the critical role of working collaboratively with a company''s investors, employees, and customers. Rigorous research also uncovers surprising results on how executive pay, shareholder activism, and share buybacks can be used for the common good.
Produktdetaljer
Sprog: Engelsk
Sider: 382
ISBN-13: 9781108494854
Indbinding: Hardback
Udgave:
ISBN-10: 1108494854
Udg. Dato: 26 mar 2020
Længde: 29mm
Bredde: 161mm
Højde: 234mm
Forlag: Cambridge University Press
Oplagsdato: 26 mar 2020
Forfatter(e) Alex (London Business School) Edmans, Alex Edmans


Kategori Investering og værdipapirer


Sprog Engelsk


Indbinding Hardback


Sider 382


Udgave


Længde 29mm


Bredde 161mm


Højde 234mm


Udg. Dato 26 mar 2020


Oplagsdato 26 mar 2020

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