Book Hack
Grow the PieBy Alex Edmans

In a Nutshell

Finance professor Alex Edmans argues that generating wider value for society makes good economic sense and is essential for a business's survival.

Favorite Quote

The 100 Best Companies to Work for in America delivered stock returns that beat their peers by an average of 2.3 to 3.8% per year over a 28-year period.

Alex Edmans

Introduction

Today, capitalism is facing a crisis, as rising inequality and ecological damage fuels calls for regulation and for large multinationals to be broken up.

But can corporations act for the greater good rather than solely increasing shareholder value?

Alex Edmans is a professor of finance at the London Business School.

In this book, Edmans presents a case for why generating profit while creating social good is not an unrealistic goal, but a necessary one.

How the pie is divided is important, but growing the pie is still crucial.

Rather than cutting profits or executive pay, companies can grow the pie by increasing the total social benefit that the company creates.

Here are the 3 key insights from this Hack

  1. 1.
    Growing the pie means creating more value for everyone
  2. 2.
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  3. 3.
    Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nunc volutpat, leo ut.
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