With the Emergence of Public Benefit Corporations, Directors of Traditional For-Profit Companies Sho

This Note addresses the prospective risk that traditional shareholder expectations could dissuade directors of publicly traded for-profit companies from investing in and acquiring PBCs as wholly owned subsidiaries; specifically, because inconsistent corporate purposes between a parent company and its subsidiary could result in an unprecedented new type of director liability...

by McKenzie Holden Granum, Seattle University Law Review

#FORBENEFITECOSYSTEM #FINANCIALMARKETS #PUBLICPOLICY