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Pennsylvania Accepts First Benefit Corporations

Home Care Associates, Untours Media, Yikes, Nolan Painting and Mugshots Coffeehouse were among more than a dozen companies to register as benefit corporations since Pennsylvania passed a law to give businesses greater freedom to pursue social and environmental objectives. The state’s new law allows entrepreneurs, investors and consumers the option … Read more »

Benefit Corporations ‘Need More Oversight’

Benefit corporations, for-profit companies that also have social or environmental missions, need more oversight by state regulators in California, legal experts said at a National Association of State Charity Officials conference. About 75 companies have registered as “benefit” or “flexible purpose” corporations since Gov. Jerry Brown signed two bills into … Read more »