Corporate
Oct. 19, 2011
New laws allow social good before profits
Gov. Jerry Brown has recently signed legislation allowing a new kind of corporation that can set environmental or social goals when it incorporates.
By Fiona Smith Daily Journal Staff Writer Companies feeling hamstrung by legal requirements to put profit above all other concerns now have an alternative in California after Gov. Jerry Brown signed legislation allowing a new kind of corporation that can set environmental or social goals when it incorporates. The two bills, SB 201 and AB 361, are "the next step in the evolution of business towards...
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