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An Interview with Michael Shuman, Research Director of Cutting Edge Capital Clearly, we support Benefit Corps, but it’s always helpful to get an objective view. We interview Michael Shuman to get an economist’s take on why Benefit Corporations matter. How will Benefit Corporations affect the market? It increases market efficiency. It is [...]
By Mal Warwick, One World Futbol Project Recently a spokesperson for the California Association of Nonprofits publicly expressed opposition to legislation recognizing the benefit corporation (such as the B Corporation) as a legal entity in my state—because he fears that at some point in the future B Corporations might seek tax breaks for investors and consequently [...]
Business accounts for over 75% of our nation’s GDP— this provides businesses with a tremendous opportunity to create results beyond financial return. We are living in an era of rapid change, with the incredible resources of inspiring entrepreneurs and businesses addressing major social problems. One great example is Southern Energy Management, which offers an array [...]
Yesterday, June 28th 2010, Senator Jamie Raskin of the Maryland State Senate talked about Benefit Corporations on the Kojo Nnamdi Show of WAMU 88.5 FM in DC. The Senator was joined by Jeffrey Hollender, Co-founder of Seventh Generation, and Will Wilkinson, Research Fellow at the Cato Institute. They discussed Corporate Social Responsibility, the Benefit Corp [...]
Diana Aviv, president of Independent Sector a coalition of charities and foundations, recently expressed her concern over socially minded corporations, like B Corps, being granted tax exemptions. In a video posted at Philanthropy.com, she notes that this may take resources away from nonprofits and weaken our nation’s budget. As the co-founders of B Lab, the [...]
Wall Street caused the BP disaster. Short-termism is the problem. The Benefit Corporation is a solution. The Old Rules For public companies, decisions are driven by the quarterly earnings call. Meet the numbers, keep your job. Beat the numbers, collect your bonus. The rules of this game are stunningly simple. And they are backed by [...]
Tsering is the name of the Tibetan Buddhist monk who greeted our ragged group of high school students at the Delhi train station. Tsering had traveled 15 hours overnight from Dharamsala by public bus to meet us and ride right back up to Dharamsala with us. We had just finished our own 16 hour overnight [...]
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