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Saturday, June 27, 2020

B-corp: A new dawn for capitalism?

individual
|
INTERPERSONAL : SCIENCES
humanistic ----------------------------------------------- mechanistic
SOCIOLOGY : POLITICAL
|
group - population

individual purpose, goals

[ corporate [entity] purpose - goals? ]


environment

social

society

public good


"In 2006 they launched this new legal structure, dubbed a "Benefit Corporation" - or "B-corp" - with the authorisation of the Delaware courts, creating a legal framework for companies that requires managers to not just chase financial metrics (for shareholders) but environmental and social goals too." p.2.



My source:
Tett, G. Capitalism - a new dawn? FTWeekend, Life&Arts, 7-8 September 2020, pp.1-2.