Benefit Corporation Law and Governance: Pursuing Profit with Purpose
Author | : | |
Rating | : | 4.61 (638 Votes) |
Asin | : | B0711DNBZF |
Format Type | : | |
Number of Pages | : | 215 Pages |
Publish Date | : | 2014-01-18 |
Language | : | English |
DESCRIPTION:
About the Author Frederick H. He has been recognized as one of the ten most highly regarded corporate governance lawyers worldwide and was previously selected as Delaware Corporate Law Lawyer of the Year and Delaware Mergers & Acquisitions Lawyer of the Year. . He prepared the initial drafts of the Delaware benefit corporation law and the American Bar Association’s white paper on benefit corporations. Alexander is head of legal policy at B Lab and counsel at Morris, Nichols, Arsht & Tunnell
Frederick H. He prepared the initial drafts of the Delaware benefit corporation law and the American Bar Association’s white paper on benefit corporations. . Alexander is head of legal policy at B Lab and counsel at Morris, Nichols, Arsht & Tunnell. He has been recognized as one of the ten most highly regarded corporate governance lawyers worldwide and was previously selected as Delaware Corporate Law Lawyer of the Year and Delaware Mergers & Acquisitions Lawyer of the Year
Alexander describes the stranglehold that shareholder primacy has on our current legal and financial systems. Benefit Corporation Law and GovernancePursuing Profit with Purpose Corporations today are embedded in a system of shareholder primacy. This is the first authoritative guide to the rules that govern this new and expanding form of governance. As a result, businesses can “succeed” while contributing to serious problems like climate risk, social instability, and economic decline. There are already 5,000 benefit corporations in the United States, and venture capitalists, private equity firms, and institutions are beginning to invest. Distinguished corporate lawyer Frederick H. He then provides a comprehensive description of the alternative. This sets us up for failur