SHOULD YOU FORM A SOCIAL PURPOSE CORPORATION?

In the current climate of consumer activism, companies are trying to find ways to show their commitment to principles beyond the financial bottom line. California law provides for “social purpose corporations,” creating a legal structure for companies that are for-profit, and yet want to pursue social and community goals as well. This article describes some of the advantages and disadvantages of forming a company as a California social purpose corporation.

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SHOULD YOU FORM A SOCIAL PURPOSE CORPORATION?

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