Entries tagged “social enterprise”
Recognizing Social Entrepreneurship: Minnesota Embraces the Public Benefit Corporation
insights Michael Vargas · Jennifer Dasari · Frank Vargas · September 17, 2014
As of January 1, 2015, Minnesota will join the ranks of states that have adopted statutes permitting public benefit corporations, a new form designed to enable businesses to seek not only shareholder value but also fulfillment of the company’s stated social purpose. Minnesota’s statute compares favorably with those of California and Delaware and bodes likely…