I'm a little curious to see if this distinction might provide a competitive advantage to public benefit corporations. Objectively, I believe there's some litera

I'm a little curious to see if this distinction might provide a competitive advantage to public benefit corporations. Objectively, I believe there's some literature to back up that a person's belief and interest in the work they're doing plays a role in their likelihood to work at an organization [1] (tangentially, I imagine that this has played a role in the success of Elon Musk's companies). If we axiomatically say that talent plays a significant role in a company's success, and that top talent cares about the mission of the company that they work for, it follows that a company that puts it money where its mouth is (so to speak) wrt to a corporate governance structure that seems to place that mission at least in the neighborhood of parity with profit motive, they might be able to leverage that as a competitive advantage. Of course, whether that initial assumption is correct is up for debate, as is whether a PBC structure affords enough to move the needle on perceived mission-alignment. [1] https://hbr.org/2018/11/9-out-of-10-people-are-willing-to-earn-less-money-to-do-more-meaningful-work?referral=03759&cm_vc=rr_item_page.bottom https://hbr.org/2018/11/9-out-of-10-people-are-willing-to-ea...