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Posts tagged ‘legal’

Perspectives: What eBay’s Court Fight With Craigslist Reveals by Jay Coen Gilbert

Calling all sustainable business leaders. You are officially on notice. If it wasn’t clear before, it is crystal clear now. If you want to maintain the social mission of your company, don’t incorporate in Delaware. In a Sept. 9 decision in eBay’s legal fight with Craigslist, the Delaware courts affirmed that stockholder wealth maximization is [...]

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Precautionary Principle for Corporations

Sanford Lewis, the attorney for Harrington Investments behind the recent Intel decision to include sustainability as a required consideration of a committee of its Board of Directors, posted this interesting piece on CRSWire. It is about different approaches to corporations adopting the Precautionary Principle to corporation risk management and governance. It is a great read, so check it out.

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‘Due Consideration’ and The Supreme Court

B Corporations have voluntarily adopted a higher standard of legal accountability than their traditional corporate counterparts. B Corps are required to take into ‘due consideration’ the impact of their decisions not only on their shareholders, but also on non-shareholder interests, such as their employees, suppliers, community, and environment.   B Corp Legal Framework ‘Due consideration’.  What [...]

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