Martin

Why Martin Shkreli’s view on corporate profits is misguided

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• published: 22 Sep 2017
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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 that profit maximization is the most important consideration as too narrow. Zingales then talks about how private companies often have considerations beyond profit, and tend to worry more about the well-being of employees. -------------------------------------------------- Follow BI Video on Twitter: http://bit.ly/1oS68Zs Follow BI on Facebook: http://bit.ly/1W9Lk0n Read more: http://www.businessinsider.com/ -------------------------------------------------- Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know about the big world around you. The BI Video team focuses on technology, strategy and science with an emphasis on unique storytelling and data that appeals to the next generation of leaders – the digital generation.