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Corporate Purpose: Delaware public benefit corporations will have a corporate purpose 'to operate in a responsible and sustainable manner'.
It explores timely - and often controversial - public issues with which corporations must grapple including the corporate purpose, civil and criminal liability, taxation, human rights, the environment and corruption.
Because the Commonwealth of Virginia blessed that corporate purpose, Licensed to Kill, Inc. became a valid corporation with a repulsive purpose (the company has since terminated).
Also, you've got to be clear about what your corporate purpose is.
Look for more businesses redefining their corporate purpose in this way.
Chicago Part District, $50 million of 2002 corporate purpose tax anticipation warrants.
That may change as more investors signal their commitment to long-termism and corporate purpose.
As to the first shortcoming, the starting point for our critique is the corporate purpose.
To address this move toward shareholder primacy, we looked closely at the identification of corporate purpose.
The authorized leaks would have served a corporate purpose regardless of any Rule FD violation.
Our new research on the value of corporate purpose suggests that both law and culture are important.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com