The social responsibility of business | Alex Edmans | TEDxLondonBusinessSchool

Alex Edmans talks about the long-term impacts of social responsibility and challenges the idea that caring for society is at the expense of profit.

Alex is a Professor of Finance at London Business School. Alex graduated top of his class from Oxford University and then worked for Morgan Stanley in investment banking (London) and fixed income sales and trading (NYC). After a PhD in Finance from MIT Sloan as a Fulbright Scholar, he joined Wharton, where he was granted tenure and won 14 teaching awards in six years.

[RamazahRazvi]

What an enthralling speech about corporate responsibility. Nobody else could’ve put it better than you Prof. Alex Edmans👏🏻

[waynejdunn]

Perhaps THE best CSR video I've seen.  Very insightful. Great information, great examples, great delivery.

[kimberlycalvo]

This video was packed with amazing information! I love how he ended the talk. "To reach the land of profits, follow the road of purpose." Wow!

[randomcrapstudios]

I watched this for school. I didn't want to at first because of the time. I watched the first five minutes and couldn't stop watching it! Great job Alex!

[BelovedKanika]

This talk deserves an award! Wow! Thank you Alex.

[MichaelAlexander]

Alex Edmans! Wow. Dude, you rock. "Companies that treat their workers better, do better" - great statement.

[johanlindstrom]

I am studying Corporate Law in Sweden. This speech really helped me to understand the concept of CSR. Great performance!

[heraldjansol]

Its really a great reminder for individual who have a business ownership which it is a perfect enlightenment for them responsible owners. As a speaker point out that being socially aware of our business means we are capable towards the success of our economy. I am so eager to learn his thoughts that we must have the capacity to be well rounded. Honestly, business is really essential in all walks as it promote and empower good governance and corporate social responsibility. Indeed, the author is amazing on his standpoints.

[altfeb]

I'm currently taking business ethics class which cover CSR. This video helped me a lot. Thank you very much Alex Edmans and TEDx

[张佳仪-ds]

Such a great perspective to have. When you focus on taking responsibility and doing what's right, rather than making profit your sole purpose, the profits tend to come naturally. The real world is just way too complex to quantify.

[rainjankang]

I was sleeping in a fundamental of management class, u speech shocked me and I am truly impressed by what u have done and prepared for this presentation.

[lemalaise]

How did we end up in a world where scientists have to prove to society with extensive research that if you treat people like people you gain something?.

[elybuklondon]

Hi, Alex. What a delight to find that my mini-MBA course at the LSE has directed all participants in Module 7 Analysing Financial Statements to this TEDx video in order to learn about CSR. Thank you! Everyone had positive feedback.

[thomascolasante]

Watched this alongside my lecture this week on CSR, and this was an amazing illustration of it all - SO enthralling

[ronaldfurdinhue]

It helped me understanding CSR and subscribed TEDx Talks immediately.

[soukainaaziz]

I am writing my MA thesis on SRI, you speech has been inspirational! Thank you

[DonttagmeBruh]

Was about to watch an episode of a TV series and stumbled across during my study break, absolutely no regrets!

[lynnnguyen]

I could listen to him all day! great voice and presentation

[eajiy]

00:20 Businesses exist to earn profit and serve a purpose for shareholders, society, customers, employees, and the environment.

02:22 Profit is a by-product, businesses exist to serve a purpose

04:31 Employee well-being at best companies to work for positively impacts stock returns.

06:35 Treating employees better leads to better company performance

08:48 Treating employees well leads to higher firm value

10:52 Investing in socially responsible companies can lead to higher returns

12:59 Investors should look beyond short-term financial numbers and consider long-term value and qualitative measures.

15:06 Businesses exist to serve a purpose and generate profits in the long run.

Crafted by EasonAI AI.

[caqol]

Thank You for your sacrifices of 4 years and commitment. Very well done. Thank you.