In an age when 90 percent of announced mergers face legal challenges from shareholders, several states, including Pennsylvania, are looking to protect corporations from investors upset with money being spent on things that don’t maximize the bottom line. But there’s a twist for the corporation.
The new business form a benefit corporation mandates a corporate purpose to create a positive impact on society and the environment.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
