B-Corporation

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(Merged and redirected to B Corporations)
 
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'''=  B-Corp’s are companies that desire a broader mandate than simply “maximizing shareholder wealth.”'''
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#REDIRECT [[B Corporations]]
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URL = http://www.bcorporation.net/
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=Definition=
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"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:
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* Meet comprehensive and transparent social and environmental performance standards.
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* Institutionalize stakeholder interests.
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* Build collective voice though the power of a unifying brand."
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(http://www.bcorporation.net/about)
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=Description=
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"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."
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(http://www.microclesia.com/?p=517)
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[[Category:Business]]
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[[Category:Governance]]
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Current revision as of 14:57, 7 November 2009

  1. REDIRECT B Corporations
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