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Corporate

Mar. 23, 2012

Handful of companies designate as benefit corporations

A new business model centered on social responsibility recently debuted in California to a modest reception .


By Saul Sugarman


Daily Journal Staff Writer


A new business model centered on social responsibility recently debuted in California to a modest reception.


In January, the state enacted two laws that allow for-profit businesses to modify their core mission and make choices that aren't primarily in pursuit of profitability.


AB 361, which allows businesses to become "benefit corporations" and adopt models focused on public ...

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