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Are Companies Overly Concerned with Virtue Signaling?

Are Companies Overly Concerned with Virtue Signaling

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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.

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

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