Grow the Pie: How Great Companies Deliver Both Purpose and Profit

by Edmans, Alex
3.2 out of 5 Customer Rating
ISBN: 9781108494854
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Used - Hardcover - 9781108494854

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Overview

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. This 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.
  • Format: Hardcover
  • Author: Edmans, Alex
  • ISBN: 9781108494854
  • Condition: Used
  • Dimensions: 9.00 x 1.20
  • Number Of Pages: 382
  • Publication Year: 2020
Language: English

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