Cheap talk? Living up to the Business Roundtable statement

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Tuesday 17 November 12-1pm GMT

How are businesses who act in the interest of stakeholders doing? What has happened to inequality during Covid-19 alongside other calamities?

A year ago, members of the Business Roundtable (BRT) signed an important proclamation, espousing their belief that corporations should act in the best interest of stakeholders. This statement goes beyond the notions of stakeholder primacy advanced by Milton Friedman in the early 1970's. Since the signing of the BRT statement we have experienced a pandemic as well as economic and social calamities.

How have businesses responded to these global challenges?

The panellists have been involved in initiatives that looked at how business has reacted to the pandemic in relation to inequality in these extraordinary times, providing us with the background for this discussion.   

Covid-19 and inequality: A test of corporate purpose.

Companies and investors must fight harder to win the battle against Covid-19 and inequality

The corporate response to Covid-19 and inequality: A big data analysis

Host:

Peter Tufano, Peter Moores Dean and Professor of Finance, Saïd Business School

Panellists:

Allison Binns, Executive Director for Sustainability Research at Morgan Stanley, and Doctor of Philosophy from Harvard University

Hiro Mizuno, Financial executive, former Investment Officer of Japan’s $1.6 trillion Government Pension Investment Fund, and Executive in Residence at Saïd Business School

Bob Eccles, Expert on integrated reporting, a leader in sustainable strategies for companies and investors, and Visiting Professor of Management Practice at Saïd Business School