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E-MailThe European Corporate Governance Institute and the London Business School Centre for Corporate Governance will host next week a virtual debate on stakeholder capitalism between Professors Alex Edmans and Lucian Bebchuk. The debate will be moderated by Gillian Tett of the Financial Times. Edmans will present the case for corporate leaders serving goals other than shareholder value, Bebchuk will question this approach, and Tett will both present questions of her own and field some from the audience.
Titled “Stakeholder Capitalism: The Case For and Against,” the virtual debate will be held on Thursday, December 10 at 12:00-13:00 EST / 17:00 – 18:00 GMT. Readers who wish to watch the debate should register here.
Alex Edmans is Professor of Finance and Academic Director of Centre for Corporate Governance, London Business School. His presentation will draw on his academic work “Grow the Pie: How Great Companies Deliver Both Purpose and Profit.” Posts by him on the Forum discussing his approach are available here, here, here, and here.
Lucian Bebchuk is the James Barr Ames Professor of Law, Economics, and Finance and Director of the Program on Corporate Governance at Harvard Law School. His presentation will build on his articles “The Illusory Promise of Corporate Governance” (co-authored with Roberto Tallarita and discussed on the Forum here) and “For Whom Corporate Leaders Bargain” (co-authored with Kobi Kastiel and Roberto Tallarita and discussed on the Forum here). An op-ed and presentation slides that provide a brief account of his approach are available here and here.
Ms. Gillian Tett is Chair of the Editorial Board and Editor-at-Large (US) of the Financial Times, and Co-Founder of Moral Money, which focuses on the world of socially responsible business, sustainable finance, impact investing and ESG trends.
