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Flexible Purpose Corporations: Come January 2015, They will be Social Purpose...

California has been in the forefront of the recent movement to facilitate establishment of social enterprises: for-profit corporations that are authorized to make money and benefit society. The...

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California Benefit Corporations: An Introduction

In recent years, the social enterprise model of business “with conscience” has been springing up all around the world. In “Social Enterprises: A Revolution Under the Radar,” we explained that...

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CA Benefit Corporations: Directors' Reports

Socially conscious entrepreneurs in the Golden State now have two hybrid corporate models available to achieve the goal of “business-with-a-conscience.” In “Social Enterprises: A Revolution Under the...

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Transparency for Benefit Corporations

Around the nation, state legislatures are jumping on the bandwagon to authorize a new kind of for-profit corporate model for socially conscious entrepreneurs and consumers: the “benefit corporation.”...

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Exciting Submissions for MacArthur Foundation $100-Million Contest

Early last summer, we reported in “The MacArthur $100-Million Grant Contest,” that the prestigious MacArthur Foundation had launched an audacious competition under the slogan: “Big problems require...

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Benefit Corporations: Who Enforces the Rules?

Social entrepreneurs and policymakers have joined forces in recent years to enable new forms of corporate enterprise: hybrid for-profits that are more than just engines for pumping out shareholder...

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California Benefit Corporations: Sample Annual Reports

Social enterprises are hot: They are springing up around the United States. California has been in the forefront of this exciting new movement of hybrid corporations that combine profit motive with the...

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Starting a Business? We're With You Every Step of the Way

The post Starting a Business? We're With You Every Step of the Way appeared first on For Purpose Law Group.

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Business Fundamentals: Benefit Corporations

Benefit Corporations are probably the most recognized business entity available to social entrepreneurs. Establishing your business as one offers many benefits for a socially conscious enterprise, but...

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Corporate Governance: No Longer Just About Business

With the goal of closing the gender gap in corporate governance, in 2018 former Governor Jerry Brown signed into law requirements that all publicly traded corporations in California include at least...

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