What kind of company protects its directors to weigh in the environmental and social benefits of its business over profits?
In California, this new legal status is called a “Benefit Corporation.” I’ll call it: “giving corporate-persons a soul.”
What do you think? Gimmick or good idea?
And nope, didn’t start in Cali. Maryland.
New to me, glad to learn about it. New Jersey’s on the list!