B Corporations: Difference between revisions
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'''= B-Corp’s are companies that desire a broader mandate than simply “maximizing shareholder wealth.”''' | |||
Certification for socially and environmentally friendly corporations. | |||
URL = http://www.bcorporation.net/ | URL = http://www.bcorporation.net/ | ||
==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."<ref>http://www.microclesia.com/?p=517</ref> | ||
"B Corporations are a new type of corporation that are purpose-driven and create benefit for all stakeholders, not just shareholders. | "B Corporations are a new type of corporation that are purpose-driven and create benefit for all stakeholders, not just shareholders. | ||
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* Institutionalize stakeholder interests. | * Institutionalize stakeholder interests. | ||
* Build collective voice though the power of a unifying brand." | * Build collective voice though the power of a unifying brand." | ||
<ref>http://www.bcorporation.net/about/</ref> | |||
==References== | |||
<references/> | |||
[[Category:Business]] | [[Category:Business]] | ||
Revision as of 14:55, 7 November 2009
= B-Corp’s are companies that desire a broader mandate than simply “maximizing shareholder wealth.”
Certification for socially and environmentally friendly corporations.
URL = http://www.bcorporation.net/
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."[1]
"B Corporations are a new type of corporation that are purpose-driven and create benefit for all stakeholders, not just shareholders. 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."