Device is incompatible to play the video
Friday, 21 September 2018
Museum of London

Profit or Purpose?

Professor Alex Edmans

Do businesses exist to make profits, or to serve a purpose?

Watch the full lecture here: https://www.gresham.ac.uk/lectures-and-events/purposeful-business

Alex-Headshot_B&W-370x370.jpg

Alex Edmans is the Mercers’ School Memorial Professor of Business at Gresham College, Professor of Finance at London Business School, and a TED Speaker. 

He completed his BA in Economics and Management at Merton College, University of Oxford, and did his PhD in Finance as a Fulbright Scholar at the MIT Sloan School of Management. In 2007, Professor Edmans joined The Wharton School, University of Pennsylvania, as an Assistant Professor of Finance and then was promoted to a tenured Associate Professor.

Working at the intersection of academia and practice, Professor Edmans is an expert on corporate finance (including executive compensation, corporate governance, investment, growth and innovation), behavioural finance and investing, and corporate social responsibility.

Professor Edmans is the current Managing Editor of the Review of Finance, the leading academic finance journal in Europe. He has published his research in leading academic journals, including American Economic Review, Journal of Economic Literature, Journal of Finance, Journal of Financial Economics and Review of Financial Studies. He has also written for the Wall Street Journal, Financial Times, Harvard Business Review, and Huffington Post.

Professor Edmans serves as the Academic Director of LBS Centre for Corporate Governance, and more generally is a pioneer in corporate governance reform – in particular, embedding purpose into the heart of business and encouraging companies to think long-term. He has spoken at the World Economic Forum at Davos, testified in the UK Parliament, and presented to the World Bank Board of Directors under their Distinguished Speaker Series. He gave the TED talk “What to Trust in a Post-Truth World” and the TEDx talk “The Social Responsibility of Business,” with a combined 2.4 million views. His book, “Grow the Pie: How Great Companies Deliver Both Purpose and Profit”, based on his inaugural Gresham College lecture series, was named to the Financial Times Books of the Year for 2020. 

Professor Edmans is a winner of the Rising Star of Corporate Governance Award, Rising Star of Finance Award, and appeared on the 2017 Poets and Quants Best 40 Under 40 Professors list and Thinkers50 Radar. At Wharton, Alex won 14 teaching awards in six years. At LBS, he won Best Teacher awards for both the MBA and Masters in Financial Analysis programmes and the Excellence in Teaching award for best professor across all programmes. 

He is passionate about making finance research available and understandable for a non-academic audience so that it influences the way people think and act. He was appointed the Mercers’ School Memorial Professor of Business in 2018.

Professor Edmans' lecture series are as follows:

2021/22 The Principles of Finance

2020/21 The Psychology of Finance

2019/20 Business Skills

2018/19 How Business Can Better Serve Society

All lectures by the Mercers School Memorial Gresham Professors of Commerce and Business can be found here.

Read More
Read Less
Related Future Lectures
Related Past Lectures
WATCHED
Part of a series

How to Make Financial Decisions

Professor Alex Edmans
Tuesday, 18 January 2022 - 6:00PM
WATCHED
Part of a series

How to Measure and Manage Risk

Professor Alex Edmans
Thursday, 24 February 2022 - 6:00PM
WATCHED
Part of a series

How to Value a Stock

Professor Alex Edmans
Tuesday, 17 May 2022 - 6:00PM
WATCHED
Part of a series

How to Finance a Company

Professor Alex Edmans
Tuesday, 7 June 2022 - 6:00PM
WATCHED
Part of a series

How the Financial System Works

Professor Alex Edmans
Tuesday, 26 October 2021 - 6:00PM
WATCHED
Part of a series

How to Save and Invest

Professor Alex Edmans
Tuesday, 21 September 2021 - 6:00PM
WATCHED
Part of a series

Nudging Society to Better Decisions

Professor Alex Edmans
Tuesday, 8 June 2021 - 6:00PM
WATCHED
Part of a series

Investing in Nature

Professor Jacqueline McGlade
Tuesday, 18 May 2021 - 6:00PM
WATCHED
Part of a series

How Companies Profit From Our Mistakes

Professor Alex Edmans
Tuesday, 11 May 2021 - 6:00PM
WATCHED
Part of a series

How I Became A Barrister

Professor Jo Delahunty QC
Thursday, 1 April 2021 - 6:00PM
WATCHED
Part of a series

How to Finance a Company

Professor Alex Edmans
Tuesday, 7 June 2022 - 6:00PM
WATCHED
Part of a series

How to Value a Stock

Professor Alex Edmans
Tuesday, 17 May 2022 - 6:00PM
WATCHED
Part of a series

How to Measure and Manage Risk

Professor Alex Edmans
Thursday, 24 February 2022 - 6:00PM
WATCHED
Part of a series

How to Make Financial Decisions

Professor Alex Edmans
Tuesday, 18 January 2022 - 6:00PM
WATCHED
Part of a series

How the Financial System Works

Professor Alex Edmans
Tuesday, 26 October 2021 - 6:00PM
WATCHED
Part of a series

How to Save and Invest

Professor Alex Edmans
Tuesday, 21 September 2021 - 6:00PM
WATCHED

How To Catch A Monkey

Professor Alex Edmans
Thursday, 28 November 2019 - 10:00AM
WATCHED

CEO Pay vs Performance

Professor Alex Edmans
Thursday, 6 December 2018 - 10:00AM
WATCHED

Problems Causing Lack of Productivity and Comparing to Other Countires

Professor Jagjit Chadha
Thursday, 24 November 2016 - 1:59PM
WATCHED

Do You Think The UK's Weak Trade Unions Is Related To Low Productivity?

Professor Jagjit Chadha
Thursday, 24 November 2016 - 1:58PM
WATCHED

Does Technology Have An Influence On The Way Labour Models Work?

Professor Jagjit Chadha
Thursday, 24 November 2016 - 1:55PM
WATCHED

Why did it take longer for rates to recover in the 1980's compared to previous centuries?

Professor Jagjit Chadha
Thursday, 29 September 2016 - 6:58PM