4 ms·
Yes, this legal situation brings about lots of unwelcome outcomes, environmental and social impacts often have to be put aside by a 'caring' company as the law
by tudorw 11y ago
Yes, this legal situation brings about lots of unwelcome outcomes, environmental and social impacts often have to be put aside by a 'caring' company as the law dictates they must do whatever is legal and best serves the interest of the shareholders. The UK has a relatively new entity that can avoid this and still operate with most of the benefits of a regular limited company, a 'Community Interest Company', the 'community purpose' is regulated.
https://www.gov.uk/government/organisations/office-of-the-regulator-of-community-interest-companies https://www.gov.uk/government/organisations/office-of-the-re...
A slightly off-topic aside, but tangentially related... I find promise in the 'Economics of Happiness' and GNH work, it's an emerging term and field attempting to measure human happiness in a consistent manner, this would allow any proposed action to have a line item on the costings with a figure that is derived from the amount of 'happiness' that would be created, or destroyed, as a result.
https://en.wikipedia.org/wiki/Gross_National_Happiness https://en.wikipedia.org/wiki/Gross_National_Happiness
- lostcolony 11y agoThe US has B Corporations - https://en.wikipedia.org/wiki/Benefit_corporation https://en.wikipedia.org/wiki/Benefit_corporation Probably the most famous company running as a B corp at present would be http://www.bcorporation.net/community/ben-and-jerrys http://www.bcorporation.net/community/ben-and-jerrys