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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Becoming a Public Benefit Corporation: Express Your Values, Energize Stakeholders, Make the World a Better Place

Becoming a Public Benefit Corporation: Express Your Values, Energize Stakeholders, Make the World a Better Place

Hardcover

Series: Stanford Social Innovation Review Books

Business GeneralManagement

Currently unavailable to order

ISBN10: 1503632806
ISBN13: 9781503632806
Publisher: Stanford Business Books
Published: Nov 21 2023
Pages: 272
Weight: 1.15
Height: 1.00 Width: 6.00 Depth: 9.00
Language: English

There are now over 10,000 benefit corporations and public benefit corporations in the United States, including at least fifteen public companies. This is the authoritative guide for leaders, advisors, and board members.

Entrepreneurs and leaders often have an inspiring vision for how their business can not only make money for shareholders, but also benefit society. In recent years a new legal structure has emerged, the Benefit Corporation or Public Benefit Corporation, which helps organizations make this ethical vision a legally authorized and protected reality. Companies like Patagonia, Kickstarter, Warby Parker, Danone North America, Allbirds, and King Arthur Baking have become benefit corporations to help advance both their business and their broader mission. Rather than narrowly maximizing profits, they consider their businesses' impacts on employees, customers, suppliers, the environment and others. The goal of benefit corporations like these is to foster a new, more humane, and sustainable capitalism by pursuing both profits and mission. Benefit corporation status helps protect the company mission even when leadership changes--and in the face of pressure from investors, shareholders, bankers and lenders.

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Business General