Concept
Public Benefit Corporation
A corporate legal structure that allows a company to pursue a stated public benefit alongside profit, rather than having a strict fiduciary duty to maximize shareholder value above all else.
Public Benefit Corporation
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Transcript mentions
… benefit court is the easiest thing I will tell you to do on this whole podcast. Could not be easier.
… We we went to we went created a public benefit corporation PBC, which allows you to legally say that maximizing shareholder value is not the the like overarching umbrella goal of this of this company. And you...
Concept
Public Benefit Corporation
A corporate legal structure that allows a company to pursue a stated public benefit alongside profit, rather than having a strict fiduciary duty to maximize shareholder value above all else.
Related Concepts1
Related Practices10
Ask about this concept
Transcript mentions
… benefit court is the easiest thing I will tell you to do on this whole podcast. Could not be easier.
… We we went to we went created a public benefit corporation PBC, which allows you to legally say that maximizing shareholder value is not the the like overarching umbrella goal of this of this company. And you...