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Keyword: benefitcorporations

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  • What are Benefit Corporations?

    03/31/2013 2:17:47 PM PDT · by Twotone · 12 replies
    Oregon Catalyst ^ | March 31, 2013 | Staff
    A Capitol follower who happened to be at a hearing on HB 2318 in Salem had their interest piqued when they heard Democrats pushing Benefit Corporations, and dancing around the questions being asked. A 2011 article in left-leaning The Nation magazine described Benefit Corporations as having “the purpose of making a ‘positive impact on society and the environment,’” “Benefit Corporations can’t be held liable by courts for failing to place profits over everything else. This is an important shift in law.”