Richards Layton & Finger
 

Doing Well by Doing Good: "Benefit" and "Flexible Purpose" Corporations

December 4, 2013

As awareness of social problems grows, so too does the impetus to find new ways to address them. The traditional models of the for-profit and nonprofit corporation have proven useful but have their shortcomings. Recent years have seen a surge of interest in the “B corporation” (also referred to as the “benefit” or “flexible purpose” corporation), which is a for-profit corporation that includes in its decision-making processes considerations of society, social justice, and/or the environment.

Michael D. Allen will act as a faculty member during this CLE program on B Corporations to help attendees better understand these trend-setting, emerging corporate forms.

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