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

Israeli Ambassador responds to...

00:20:24

Israeli Ambassador responds to the International Criminal Court’s warrant for arrests for Netenayhu and Yoav Gallant

The Pat Kenny Show Highlights

00:20:24


OFF THE BALL BREAKFAST: ROG &a...

02:02:28

OFF THE BALL BREAKFAST: ROG & Quinlan on Ireland v Fiji, Keith Treacy on Premier League, Conor Niland on winning Sports Book of the Year

OTB Breakfast

02:02:28


Weekend sport preview with Col...

00:08:42

Weekend sport preview with Colm Boohig

The Pat Kenny Show Highlights

00:08:42


Sicilian businessman finds hor...

00:07:44

Sicilian businessman finds horse’s head in the seat of his digger

The Pat Kenny Show Highlights

00:07:44