How conscious investors can turn up the heat and make companies change
1,762,745 views | Vinay Shandal • TED@BCG Toronto
In a talk that's equal parts funny and urgent, consultant Vinay Shandal shares stories of the world's top activist investors, showing how individuals and institutions can take a page from their playbook and put pressure on companies to drive positive change. "It's your right to have your money managed in line with your values," Shandal says. "Use your voice, and trust that it matters."
In a talk that's equal parts funny and urgent, consultant Vinay Shandal shares stories of the world's top activist investors, showing how individuals and institutions can take a page from their playbook and put pressure on companies to drive positive change. "It's your right to have your money managed in line with your values," Shandal says. "Use your voice, and trust that it matters."
About the speaker
BCG's Vinay Shandal is passionate about the role of capital in creating impact.
The most interesting aspect of this New York Times bestselling memoir/thriller is how Browder agitates, vis-à-vis Russian oligarchs, to create value for his hedge fund. In the process, he manages to force better corporate governance and transparency (albeit at enormous personal cost). It's also cool because the author is a BCG alumnus! | Book
Red Notice: A True Story of High Finance, Murder, and One Man's Fight for Justice
Bill Browder
Published by the author, 2015
Published by the author, 2015
Vinay Shandal, David Young and Sarah Burleigh | BCG.com, 2017 | Article
"How Big Investors Can Have a Bigger Societal Impact"
This paper, written with my BCG colleagues, was inspired by the firm's work with conscious investors. It served as the foundation for the focus of my TED Talk and goes into greater detail on our philosophy and rationale, as well as enumerating a set of practical steps for investors.
Maggie Schear, Cristina Lilly, David Young, Vinay Shandal and Sarah Burleigh | BCG.com, 2018 | Article
"Institutional Investors Discover the Power of Purpose"
This article builds on the previously mentioned one. Researching it cemented my belief in the importance of taking a stand on an issue that matters to your organization and that lines up with your purpose. This paper dives into how to excavate your purpose.
Bryan Burrough and John Helyar | HarperBusiness, 2009 | Book
Barbarians at the Gate: The Fall of RJR Nabisco
This dramatic telling of the story of one of the biggest hostile takeovers in history is a great introduction to the world of corporate raiders and activist investing. Although it was published in 1989, its insights are still valuable today.
Larry Fink | blackrock.com, 2018 | Article
"Larry Fink's 2018 Letter to CEOs: A sense of purpose"
Fink's annual letter provides a powerful endorsement by one of the most respected CEOs in asset management about the importance of ESG and corporate purpose.
William N. Goetzmann | Princeton University Press, 2017 | Book
Money Changes Everything: How Finance Made Civilization Possible
This powerful historic overview of the role of finance puts into historical context the broader debate about the role of capital in doing good in the world.
David Tomlinson and Dick Van Dyke | Scene from Walt Disney's Mary Poppins | Watch
"Fidelity Fiduciary Bank"
A great reminder of the important contribution invested capital can make to development.
About TED Institute
Every year, TED works with a group of select companies and foundations to identify internal ideators, inventors, connectors, and creators. Drawing on the same rigorous regimen that has prepared speakers for the TED main stage, TED Institute works closely with each partner, overseeing curation and providing intensive one-on-one talk development to sharpen and fine tune ideas. The culmination is an event produced, recorded, and hosted by TED, generating a growing library of valuable TED Talks that can spur innovation and transform organizations.