A Benefit Corporation is a for-profit enterprise that has a social and environmental purpose, allowing long term mission alignment and value creation. Directors must consider the public impact of their decisions, rather than focusing solely on maximizing shareholder value. The legislation that facilitates this structure has passed in 35 U.S. states and D.C. Recently, many Latin American countries have begun considering the implementation of this legislation as well.
How is this movement shaping the approach to corporate purpose? What are the implications of this U.S. legal export? Please join us for a lunch talk with William H. Clark, Jr., author of the Benefit Corporation Model Legislation. Peruvian food will be served.