Grow the pie : how great companies deliver both purpose and profit /
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 evide...
Gespeichert in:
- 1. Verfasser:
- Format:
- Elektronisch E-Book
- Sprache:
- Englisch
- Veröffentlicht:
-
Cambridge :
Cambridge University Press,
2020.
- Zusammenfassung:
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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.
- Umfang:
- 1 online resource (x, 367 pages) : digital, PDF file(s).
- Anmerkungen:
- Title from publisher's bibliographic system (viewed on 02 Apr 2020).
- ISBN:
- 9781108860093 (ebook)
- DOI:
- 10.1017/9781108860093
- Schlagworte:
- Bezugswerke:
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Print version: 9781108494854
- Links:
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