08 Sep '11, 1pm

B Corp and a Benefit Corporation are Not Created Equal

September 08, 2011 at 18:07 pm PDT | Jen Boynton writes: My guess is that B Labs would still want you to pay for the certification, but we’d have to get someone from the NGO over here to comment for sure. The only “benefit” to being a Benefit Corporation is that the company cannot be sold out from under you by unscrupulous board members who value the financial bottom line over the environmental/social mission of your company (see Ben and Jerry’s, Seventh Generation). You’d have that protection as a Benefit Corporation or if you adjust your company’s bylaws vis-a-vis the B-Labs recommendations. I don’t think the certification provides that protection, but there may be other benefits associated with it. Reply Or REGISTER HERE if you are new.

Full article: http://www.triplepundit.com/2011/09/the-confusion-over-b-...

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