Stakeholder Capitalism: The Case For and Against | London Business School

London Business School's Centre for Corporate Governance held this virtual event on 10 December 2020, in partnership with the European Corporate Governance Institute and the Harvard Law School Program on Corporate Governance.

Speakers:
• Alex Edmans, Professor of Finance and Academic Director, Centre for Corporate Governance, London Business School, ECGI Fellow, and author of "Grow the Pie: How Great Companies Deliver Both Purpose and Profit."
• Lucian Bebchuk, James Barr Ames Professor of Law, Economics, and Finance, and Director of the Program on Corporate Governance, Harvard Law School, ECGI Fellow, and co-author of “The Illusory Promise of Corporate Governance” and “For Whom Corporate Leaders Bargain.”

Moderator:
• Gillian Tett, Chair of the Editorial Board and Editor-at-Large (US) of the Financial Times, and Co-Founder of FT Moral Money.

Alex and Lucian hold contrasting opinions on stakeholder capitalism, which they have developed in their academic work, and this discussion allowed for their views to be explored in depth. Alex presented the case for corporate leaders serving goals other than shareholder value, and Lucian questioned this approach. Lucian and Alex challenged each other in their positions. Gillian led Q&A with questions of her own as well as fielding some from the audience.

Find out more about the Centre for Corporate Governance’s events at https://www.london.edu/faculty-and-re...