> A modern B corp permits a board to balance this traditional fiduciary duty to act for the benefit of the shareholders with other specified goals defined in it

> A modern B corp permits a board to balance this traditional fiduciary duty to act for the benefit of the shareholders with other specified goals defined in its charter and agreed to by those shareholders. A "modern B corp" doesn't permit anything. There is no legal concept of a "B-corp". It's a certification issued by a non-profit that a standard corporation is being run in a particular, socially-responsible manner. Any corporation can choose to do this, regardless of whether they want to pursue that certification or not.