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You seem to misunderstand benefit corporations. They remain committed to profit and are just as subject to their board and officers as any other corporation.
by erikerikson 2y ago
You seem to misunderstand benefit corporations. They remain committed to profit and are just as subject to their board and officers as any other corporation.
There are sane investors that prefer investing in companies that adopt these corporate structures. Based on data, those investors see public benefit corporations as more profitable and resilient. They are able to attract employees and customers that would otherwise not be interested or might be less interested.