Growing the Pie

Join us for another enlightening episode of "Business for Humanity," where we sit down with academic prodigy Alex Edmans to discover "Pieconomics" and discuss whether capitalism can be fixed! Pieconomics advocates for a radical mindset shift poised to reshape business for the mutual benefit of investors and society alike: Explore how Pieconomics challenges the age-old dichotomy between profit and purpose, championing a holistic approach where investments in employee well-being, environmental sustainability, and innovation drive both profits and social value. Be intrigued by surprising academic research that solidifies the link between corporate social responsibility and financial success, while questioning the effectiveness of widely endorsed interventions such as CEO pay caps and restrictions on share buybacks or shareholder rights. Dive into the strategies for harmonizing stakeholder and shareholder interests through robust corporate governance, and uncover practical avenues for translating purpose into action within companies, investment portfolios, and everyday consumer choices. Whether you're a seasoned business professional, an academic enthusiast, or simply curious about the future trajectory of capitalism, this episode promises to offer invaluable insights and perspectives that are not to be missed!

[ABOUT ALEX EDMANS]
Alex Edmans is a distinguished finance professor with an extensive academic and professional background. He currently teaches Corporate Finance at London Business School (LBS), where he has won numerous teaching awards, including the Excellence in Teaching Award in 2018 and the Best Teacher Award for the MFA program. Alex is a prolific author with several influential publications in top academic journals and has authored notable books such as "Grow the Pie: How Great Companies Deliver Both Purpose and Profit," which has been translated into multiple languages and received several awards. His research focuses on corporate governance, executive compensation, and sustainable finance. He has also written extensively for practitioner outlets like the Harvard Business Review and the Wall Street Journal, discussing issues like CEO pay, sustainable investing, and the intersection of corporate purpose and profit. His work has been featured in numerous media outlets, including BBC, Bloomberg, and CNN, sharing his insights on finance and economics.