Social Enterprise

Report Document

CA Benefit Corporations: Directors’ Reports

08:32 12 October in Social Enterprise

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 Radar,” we introduced the California  “benefit corporation” and the California“social purpose” corporation (formerly called a “flexible purpose” corporation). In...


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

01:25 10 October in Blog, Social Enterprise

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 Legislature authorized two new corporate models: “benefit corporations” and “flexible purpose corporations.” Socially conscious businesses were permitted...