Grow the Pie - How Great Companies Deliver Both Purpose and Profit (Hardcover)

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.

General

Imprint:	Cambridge UniversityPress
Country of origin:	United Kingdom
Release date:	March 2020
Authors:	Alex Edmans
Dimensions:	235 x 158 x 27mm (L x W x T)
Format:	Hardcover
Pages:	382
ISBN-13:	978-1-108-49485-4
Categories:	Books > Business & Economics > Business & management > Business ethics Books > Business & Economics > Finance & accounting > Finance > Investment & securities > General Books > Money & Finance > Investment & securities > General
LSN:	1-108-49485-4
Barcode:	9781108494854

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