B-Corporation: Difference between revisions

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'''=  B-Corp’s are companies that desire a broader mandate than simply “maximizing shareholder wealth.”'''
#REDIRECT [[B Corporations]]
 
URL = http://www.bcorporation.net/
 
 
=Definition=
 
"B Corporations are a new type of corporation which uses the power of business to solve social and environmental problems.  B Corporations are unlike traditional responsible businesses because they:
 
* Meet comprehensive and transparent social and environmental performance standards.
   
* Institutionalize stakeholder interests.
   
* Build collective voice though the power of a unifying brand."
(http://www.bcorporation.net/about)
 
 
=Description=
 
"In many states, if a corporate board or officer strays from the task of maximizing shareholder wealth, they could be tried for violating the law. B-Corporations view their responsibility to all stakeholders, not just shareholders. These stakeholders include employees, vendors, and their local community and environment. The B-Corp concept is sometimes referred to as the Triple Bottom Line: people, planet, profits."
(http://www.microclesia.com/?p=517)
 
 
[[Category:Business]]
 
[[Category:Governance]]

Latest revision as of 14:57, 7 November 2009

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