Delivering Mission-Driven Shareholder Value: The PBC Balancing Act.

Publication Type:
Periodical
Author(s):
Falsarone, Alessia¹ alessiaf@stanfordalumni.org
Source(s):
NACD Directorship. May/Jun2016, Vol. 42 Issue 3, p56-58. 3p.
Subject Term(s):
*BENEFIT corporations (Business structure)
*SOCIAL responsibility of business
*STOCKHOLDER wealth
*CORPORATE profits
*BUSINESS revenue
Abstract:
The author opines on the Public Benefit Corporation (PBC) balancing act and its role in delivering mission-driven shareholder value. Topics discussed include board's role is primarily to oversee management's pursuit of profits; maximize financial returns to its shareholders as characteristics of "B Corp." and creation of public benefit and social responsibility.

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