Benefit Corporation and L3C adoption on the rise!

 In Social Enterprise
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A few great stats on the rising adoption of Benefit Corporations and L3C’s as legal business entities. Why is this so important? A key failing of traditional¬†businesses is the legal responsibility to maximize shareholder profits above all else, creating a morally gray area. These new structures give greater flexibility to managers to choose¬†sustainable and socially conscious decisions over profit… Or create an appropriate balance of the two.

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