Benefit Corporation Law and Governance

Preface

This book provides business and law students, as well as practicing lawyers, with a guide for using and understanding a new legal tool: benefit corporation governance. It should also interest investment professionals, especially those who care about sustainability and responsible investing. I also hope this book will develop a broader audience among those interested in shaping public policy.

Although corporate governance may occupy a remote corner in our policy discussions, it has a profound effect on the economy. This book’s theme is that in order to tackle issues like inequality and climate risk, we need to change the way we govern our corporations. One critical component of the message is that shareholder primacy—the dominant corporate ...