Emergence of New Corporate Forms

Essay: The Emergence of New Corporate Forms: The need for alternative corporate designs integrating financial and social missions. Susan Mac Cormac, with assistance from Jonathan Glass and Julie Cooke

URL = http://www.corporation2020.org/pdfs/SummitPaperSeries.pdf

Abstract

"The inadequacy of the rigid line dividing for-profit vs. nonprofit has been recognized by two different movements gaining momentum. For-profits are pursuing social mission while nonprofits are taking on profitable subsidiaries. These movements raise questions about the adequacy of existing corporate forms, which in key ways seem to prevent organizations from successfully blending profit making with social mission. This analysis examines and critiques various emerging solutions and novel proposals. It concludes that there is a clear case to be made for the creation of new corporate forms, yet the complete answer to the puzzle is not yet fully in hand." (http://www.corporation2020.org/pdfs/SummitPaperSeries.pdf)