Why More Businesses Are Considering The B Corp. Model
Law360, New York (October 22, 2015, 2:58 PM EDT) -- In recent weeks, benefit corporations have been in the news. First, KickStarter, a well-known funding platform for creative projects, announced that it had amended its charter to become a benefit corporation. Paul Polman, CEO of Unilever, announced he was going to work toward bringing certified B corporations (which must adopt the benefit corporation structure or its equivalent) to multinationals and the public markets. Finally, Laureate Education Inc., a $4.5 billion revenue for-profit education company backed by KKR & Co. LP, filed an S-1 with the U.S. Securities and Exchange Commission, seeking to offer shares to the public as a benefit corporation....
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