Amendments to Delaware’s Public Benefit Corporation Statute

The Delaware legislature is considering amendments to Delaware’s public benefit corporation statute. If enacted, these amendments stand to make Delaware more open to B corporations such as Etsy, one of the first certified B corporations to go public. In a blog essay written for the Delaware Journal of Corporate Law, DJCL Articles Editor John Gentile analyzes the potential issues that could arise with a company like Etsy trying to balance pursuing societal responsibilities and maximizing shareholder profits.


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