Advertisement

Are Companies Overly Concerned with Virtue Signaling?

Are Companies Overly Concerned with Virtue Signaling

Share this article

12.03 5 Feb 2022


Are Companies Overly Concerned with Virtue Signaling?



Share this article

12.03 5 Feb 2022


The influential fund manager Terry Smith recently accused Unilever of having lost its way.

In his letter to shareholders, he said that the company has become obsessed with its supposed ‘purpose’ of demonstrating its social & green credentials instead of actually trying to sell mayonnaise.

So what is the purpose of a modern company and have they become too concerned with virtue signaling?

Bobby was joined by Cormac Lucey who teaches finance at Trinity College and is also an economics columnist with the Sunday Times and Paul Hargreaves who is a businessman who has had a book published recently on purpose-driven business called ‘Forces for Good' to discuss.

Listen and subscribe to Down to Business with Bobby Kerr on Apple Podcasts and Spotify.

  

Download, listen and subscribe on the Newstalk App.

   

You can also listen to Newstalk live on newstalk.com or on Alexa, by adding the Newstalk skill and asking: 'Alexa, play Newstalk'.


Read more about

Bobby Kerr Business Cormac Lucey Coroporate Governance Down To Business Esg Greenwashing Newstalk Paul Hargreaves Virtue Signalling

Related Episodes

Tipperary Turf War: Inside the...

00:20:25

Tipperary Turf War: Inside the Magnier–Regan Land Battle

Newstalk Daily

00:20:25


The winners and losers of this...

00:17:51

The winners and losers of this Dáil term

The Hard Shoulder Highlights

00:17:51


Tech Takeover: Money saving ti...

00:11:45

Tech Takeover: Money saving tips

The Hard Shoulder Highlights

00:11:45


Eddie Hearn on the chances of...

00:07:29

Eddie Hearn on the chances of Katie Taylor fighting in Croke Park

The Hard Shoulder Highlights

00:07:29