B Corporation: Difference between revisions

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'''http://en.wikipedia.org/wiki/Benefit_corporation'''


In the United States, a benefit corporation or B-corporation is a type of for-profit corporate entity, legislated in 28 U.S. states, that includes positive impact on society and the environment in addition to profit as its legally defined goals. B corps differ from traditional corporations in purpose, accountability, and transparency, but not in taxation.


The purpose of a benefit corporation includes creating general public benefit, which is defined as a material positive impact on society and the environment. A benefit corporation’s directors and officers operate the business with the same authority as in a traditional corporation but are required to consider the impact of their decisions not only on shareholders but also on society and the environment. In a traditional corporation, shareholders judge the company's financial performance; with a B-corporation, shareholders judge performance based on how a corporation's goals benefit society and the environment. Shareholders determine whether the corporation has made a material positive impact.
<big>'''Public Benefit Business'''</big>


Benefit corporation laws address concerns held by entrepreneurs who wish to raise growth capital but fear losing control of the social or environmental mission of their business.


<big>'''See also:'''</big>
* '''http://en.wikipedia.org/wiki/Benefit_corporation'''


Community interest company - http://en.wikipedia.org/wiki/Community_interest_company
* '''http://www.benefitcorp.net/state-by-state-legislative-status'''


Impact investing - http://en.wikipedia.org/wiki/Impact_investing


Public-benefit corporation - http://en.wikipedia.org/wiki/Public-benefit_corporation
''A benefit corporation or B-corporation is a type of for-profit corporate entity, legislated in 28 U.S. states, that includes positive impact on society and the environment in addition to profit as its legally defined goals. B corps differ from traditional corporations in purpose, accountability, and transparency, but not in taxation.


Socially responsible investing - http://en.wikipedia.org/wiki/Socially_responsible_investing
''The purpose of a benefit corporation includes creating general public benefit, which is defined as a material positive impact on society and the environment. A benefit corporation’s directors and officers operate the business with the same authority as in a traditional corporation but are required to consider the impact of their decisions not only on shareholders but also on society and the environment. In a traditional corporation, shareholders judge the company's financial performance; with a B-corporation, shareholders judge performance based on how a corporation's goals benefit society and the environment. Shareholders determine whether the corporation has made a material positive impact.


Stakeholder theory - http://en.wikipedia.org/wiki/Stakeholder_theory
''Benefit corporation laws address concerns held by entrepreneurs who wish to raise growth capital but fear losing control of the social or environmental mission of their business.


Social Purpose Corporation - http://en.wikipedia.org/wiki/Social_Purpose_Corporation
 
<big>'''More re Business & Social Responsibility'''</big>
 
 
Community interest company 
 
* http://en.wikipedia.org/wiki/Community_interest_company
 
Impact investing
 
* http://en.wikipedia.org/wiki/Impact_investing
 
Public-benefit corporation
 
* http://en.wikipedia.org/wiki/Public-benefit_corporation
 
Socially responsible investing 
 
* http://en.wikipedia.org/wiki/Socially_responsible_investing
 
Stakeholder theory 
 
* http://en.wikipedia.org/wiki/Stakeholder_theory
 
Social Purpose Corporation
 
* http://en.wikipedia.org/wiki/Social_Purpose_Corporation
 
 
 
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<big>'''Benefit Corporations, Alternatives to Business-as-Usual'''</big>
 
* http://www.greenpolicy360.net/w/B_Lab
 
 
 
Visit Socio-Economic Terms at Wikipedia for New Economics/Business 
 
 
[[File:Socio-economic accountability.png | link=http://en.wikipedia.org/wiki/Template:Social_accountability]]
 
 
 
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[[Category:Cooperatives]]
[[Category:Corporate Accountability]]
[[Category:Ecological Economics]]
[[Category:Ecology Studies]]
[[Category:Eco-nomics]]
[[Category:Economics]]
[[Category:Economic Development]]
[[Category:Environmental Full-cost Accounting]]
[[Category:Green Business]]
[[Category:Green Politics]]
[[Category:Labor Issues]]
[[Category:New Economy]]
[[Category:Sharing Economy]]
[[Category:US]]
[[Category:Workers Rights]]

Latest revision as of 03:10, 9 July 2018


Public Benefit Business



A benefit corporation or B-corporation is a type of for-profit corporate entity, legislated in 28 U.S. states, that includes positive impact on society and the environment in addition to profit as its legally defined goals. B corps differ from traditional corporations in purpose, accountability, and transparency, but not in taxation.

The purpose of a benefit corporation includes creating general public benefit, which is defined as a material positive impact on society and the environment. A benefit corporation’s directors and officers operate the business with the same authority as in a traditional corporation but are required to consider the impact of their decisions not only on shareholders but also on society and the environment. In a traditional corporation, shareholders judge the company's financial performance; with a B-corporation, shareholders judge performance based on how a corporation's goals benefit society and the environment. Shareholders determine whether the corporation has made a material positive impact.

Benefit corporation laws address concerns held by entrepreneurs who wish to raise growth capital but fear losing control of the social or environmental mission of their business.


More re Business & Social Responsibility


Community interest company

Impact investing

Public-benefit corporation

Socially responsible investing

Stakeholder theory

Social Purpose Corporation


°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°°


Benefit Corporations, Alternatives to Business-as-Usual


Visit Socio-Economic Terms at Wikipedia for New Economics/Business


Socio-economic accountability.png


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