Alex Edmans, Professor of Finance at the London Business School, will explain how purpose and profit need not be an either-or choice. The highest-quality evidence shows that companies can achieve both – but only with a rigorous framework for decision-making that recognises the existence of trade-offs and the need to turn down ‘worthy’ investments for commercial reasons. He will illustrate this framework with real life examples spanning industries and countries, and apply it to the current coronavirus crisis.
During the session Alex will explore:
- What is responsible business
- How to overcome the trade-offs between profit and purpose
- A framework for running a responsible business.
This practical and timely session will enable senior HR and Reward leaders to develop a plan for the future at a time when current ways of working are under threat from the challenges posed by the crisis.
Who is it for?
This interactive event is aimed at HR & Reward Professionals. Attendees should be prepared to share their views, experiences and questions.
Professor of Finance at London Business School
Alex Edmans, Professor of Finance at London Business School and Academic Director of the Centre for Corporate Governance, who focuses on corporate governance, responsible business, and behavioural finance. He is also an elected member of the Governing Body. Alex graduated from Oxford University and then worked for Morgan Stanley in investment banking (London) and fixed income sales and trading (New York). After a PhD in Finance from MIT Sloan as a Fulbright Scholar, he joined Wharton in 2007 and was tenured in 2013 shortly before moving to LBS.