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Why Martin Shkreli’s view on corporate profits is misguided

University of Chicago Booth School of Business professor Luigi Zingales and Business Insider executive editor Sara Silverstein discuss comments made by imprisoned former pharmaceutical executive Martin Shkreli. Zingales says that while the pursuit of peak profits has become the corporate mantra, that isn’t a hard-and-fast rule. He views Shkreli’s assertion […]
Why Martin Shkreli’s view on corporate profits is misguided
US

Socially responsible investors are making some key mistakes

University of Chicago Booth School of Business professor Luigi Zingales says that one popular approach for socially responsible investing is misguided. He argues that simply avoiding companies you don’t like can be counterproductive. To him, the divesting of socially conscious investors is driving a focus on profitability, while not hurting […]
Socially responsible investors are making some key mistakes
US

Shareholders care about way more than maximizing profits

University of Chicago Booth School of Business professor Luigi Zingales discusses the debate surrounding corporate profit maximization. He talks about a research paper he authored, which makes the point that profit maximization is important to shareholders, but it’s not the only thing they care about. Put simply: shareholder welfare is […]
Shareholders care about way more than maximizing profits