Comment

Comment by AuthAuth

A public benefit corp is a 'greenwashing' term based on the meme that people think a corporation 'must maximize shareholder profits' from the Dodge v. Ford case. But its not true a corportation doesnt have to maximize shareholder profits and a PBC does have to provide any public benefit at all. There is no tangible difference between the two other than the public perception that these are different.
parent AuthAuth 10 days ago

No comments yet

Be the first to share your thoughts.

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton