Video
What does stakeholder capitalism mean for investors?
During 2021 the LBS Centre for Corporate Governance collaborated with The Investor Forum to address the question: What does stakeholder capitalism mean for investors? I presented an overview of the findings at The Investor Forum's 6th Annual Review.
Paying well by paying for good
We ran at event at LBS where I outlined the findings from our joint research with PwC on including ESG targets in executive pay: Paying well by paying for good. I present the findings from this research and discuss the implications with Phillippa O’Connor, Partner at PwC and Harlan Zimmerman, Partner at Cevian Capital. The discussion was facilitated by Helen Thomas of the Financial Times.
What do responsible business, audit regulation, and happiness have in common?
Very little, except that they all feature in my wide-ranging discussion with portfolio manager and playwright Ben Yeoh from RBC. We talk about the benefits of purpose and the risk of corporate puff. We touch on audit reform and the challenges of regulation. We discuss the importance of democratic process and the role of government versus business. Carbon taxes, diversity targets, Milton Friedman, and financial incentives. On a personal note we talk about the challenges of achieving a personal net-zero and the importance of understanding what makes us happy.
Executive pay: sinner or saint?
I spoke to Alissa Kole of the GOVERN Center about executive pay. We talk about how different governance approaches and cultures around the world have led to different approaches to executive pay. We also discuss the emerging trend to link executive pay to ESG, and whether this is a good idea. We discuss pay gap disclosure as a way to tackle inequality, and finally suggest that perhaps we sometimes expect too much of executive pay.
Global perspectives on executive pay and corporate purpose
Council for Institutional Investors Spring Conference 2020
In March 2020 I was invited by the Council for Institutional Investors to share my thoughts at their Spring Conference on Executive Pay and Corporate Purpose, with Andrew Cave of Baillie Gifford and Linda Giulliano of Alliance Bernstein.
Responsible business in a time of crisis
LBS Pandemic Webinar Series May 2020
What does it mean to be a responsible business in the time of crisis? With Professor Alex Edmans of London Business School I draw on academic research and practical experience to show how responsibility can be translated from idealism to realism.
Corporate Governance: delivering on fair pay
BEIS Committee Session February 2017 and October 2018
I appeared to give evidence to the BEIS Committee inquiries into Corporate Governance and Fair Pay in 2017 [from start] and 2018 [from 11:11] In these sessions I discuss what academic evidence and practical experience have to say about executive pay design, levels, and governance oversight.
