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IMPROVING BENEFIT CORPORATION LAW

Over at Columbia Law School’s excellent, new Blue Sky Blog, I have a post on Delaware’s new public benefit corporation law and improving benefit corporation law in general.

The post concludes:

While it remains to be seen whether Delaware’s foray into benefit corporation law represents a “tipping point in the evolution of capitalism” (especially considering that only a few hundred benefit corporations have been formed over the past three years), it is encouraging to see the individual state laboratories at work, and I am interested in seeing where this pluralism in the corporate form leads.

Go over to the Blue Sky Blog to read the entire post.

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