NEW YORK -- With corporate profit margins at an all-time high and more Americans out of work than at any other point in the past three decades, it may...
The very recently developed "Benefit Corporation" combines the capital-raising potential of the for-profit corporation and an obligation to demonstrate social performance.
When the California Secretary of State's office opened its doors this morning, there stood a band of smiling millionaires, papers in hand, waiting to ...
(Can You Feel the Spirit Governor Cuomo?!?)
Governor Jerry Brown heard the shouts from his congregation of business leaders and signed California ben...
Benefit corporation legislation has already passed in five states and is moving forward in three others. It is also under review by the powers that be in Delaware, which is the de facto, if not de jure home of the American corporation.
Benefit corporation legislation is important because it sets us free to use the power of business to pursue a higher purpose and because it provides us with the tools to reach our full potential as human beings.
Until recently, you had two options before you: work at a nonprofit or work at a for-profit. However, the state of Maryland recently passed legislation to offer another route: the 'Benefit' Corporation.