Reevaluating Benefit Corporations

Original post date: October 13, 2014 Article by: Dan Davy A previous blog discussed the potential for Florida’s recently passed Benefit Corporation (B-Corp) legislation to encourage social enterprise. Some consider the B Corp movement a “seismic sea change in the world of corporations.” However, whether this legal innovation will make a significant impact on social … Continue reading Reevaluating Benefit Corporations

B-Corps: A New Kind of Company

Original post date: September 23, 2014 Article by: Matt Kelly On July 20th, 2014, Rick Scott signed SB 654 into law, creating two new types of business entities. These benefit corporations or “B-Corps” are designed to encourage corporations to pursue charitable purposes, attempting to combine the strengths of both for-profits and nonprofits, while discarding each’s weaknesses. Such hybrid businesses could allow … Continue reading B-Corps: A New Kind of Company