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"Should companies be run to earn a profit, or to serve a purpose? In this ground-breaking book, acclaimed finance professor and TED speaker Alex Edmans shows it's not an either-or choice. Drawing from the highest-quality evidence and real-life examples spanning industries and countries, Edmans...
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"The consensus among politicians, citizens, and even executives themselves - on both sides of the political spectrum and throughout the world - is that business just isn't working for ordinary people. The 2007 financial crisis cost 9 million Americans their jobs and 10 million their homes.1 Even...
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This paper reviews the theoretical and empirical literature on the different channels through which blockholders (large shareholders) engage in corporate governance. In classical models, blockholders exert governance through direct intervention in a firm's operations, otherwise known as "voice."...
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