The Power of And: Responsible Business without Tradeoffs
Monday, October 12, 7:00PM-8:30PM (New Delhi)
Speaker: Dr. R. Edward Freeman
University Professor, Olsson Professor
Academic Director of the Institute for Business in Society
University of Virginia
Darden School of Business
Abstract: There have been many calls for the revision of capitalism. This talk will address these revisions and argue that there are five central ideas common to most of the suggestions. These ideas can be put as (1) Purpose and profits; (2) Stakeholders and Shareholders; (3) Society and Markets; (4) Humanity and Economics; and, (5) Ethics and Business. The implications for business people of this new story of business are discussed.
About the speaker: R. Edward Freeman is University Professor, Olsson Professor, and Academic Director of the Institute for Business in Society at the University of Virginia Darden School of Business. He is best known for his award winning book, Strategic Management: A Stakeholder Approach (Pitman, 1984; and reprinted by Cambridge University Press in 2010). His latest books are The Power of And: Responsible Business Without Trade-offs, with Bidhan Parmar and Kirsten Martin, forthcoming from Columbia University Press in 2020; The Cambridge Handbook of Stakeholder Theory with Jeffrey Harrison, Jay Barney and Robert Phillips, Cambridge University Press in 2019; Research Approaches to Business Ethics and Corporate Responsibility with Patricia Werhane and Sergiy Dmytriyev, Cambridge University Press in 2017, and Bridging the Values Gap with Ellen Auster; Barrett Koehler in 2015. He has received six honorary doctorates (Doctor Honoris Causa) from: Radboud University in the Netherlands; Universidad Pontificia Comillas in Spain; the Hanken School of Economics, and Tampere University in Finland; Sherbrooke University in Canada; and, Leuphana University in Germany, for his work on stakeholder theory and business ethics. Freeman is Co-Editor-in-chief of the Journal of Business Ethics, one of the leading journals in business ethics. He is a lifelong student of philosophy, martial arts and the blues. Freeman is a founding member of Red Goat Records (redgoatrecords.com) bringing the joy of original soul and rhythm and blues music into the 21st Century. He is the host of The Stakeholder Podcast, sponsored by Stakeholder Media, LLC.
Moderator: Dr. Anirban Ganguly, Professor and Vice Dean (Research), JGBS
Dr. Chitrakalpa Sen, Associate Professor, JGBS