Benefit Corporation Law and Governance: Pursuing Profit with Purpose
| Author | : | |
| Rating | : | 4.36 (782 Votes) |
| Asin | : | B0711DNBZF |
| Format Type | : | |
| Number of Pages | : | 378 Pages |
| Publish Date | : | 2017-09-24 |
| Language | : | English |
DESCRIPTION:
Benefit corporations expand corporate purpose and extend the obligations of corporate managers to include the interests of all stakeholders. As a result, businesses can “succeed” while contributing to serious problems like climate risk, social instability, and economic decline. . Benefit Corporation Law and GovernancePursuing Profit with Purpose Corporations today are embedded in a system of shareholder primacy. Alexander describes the two existing benefit corporation models and details how current relations are transformed when organizations adopt stakeholder governance. He then provides a comprehensive description of the alternative. Distinguished corporate lawyer Frederick H. This sets us up for failure over the long term, as private enterprise continues to threaten vital resources.But there is a new form of governance—the benefit corporation—that reorients
He prepared the initial drafts of the Delaware benefit corporation law and the American Bar Association’s white paper on benefit corporations. Frederick H. . Alexander is head of legal policy at B Lab and counsel at Morris, Nichols, Arsht & Tunnell. He has been recognized as one of the ten most highly regarded corporate governance law
He prepared the initial drafts of the Delaware benefit corporation law and the American Bar Association’s white paper on benefit corporations. About the Author Frederick H. He has been recognized as one of the ten most highly regarded corporate governance lawyers worldwide and was previously selected as Delaware Corporate Law Lawyer of the Year and Delaware Mergers & Acquisitions Lawyer of the Year. Alexander is head of legal policy at B Lab and counsel at Morris, Nichols, Arsht & Tunnell.