Do good or make money? Now Alabama entrepreneurs can do both
Do good or make money? Now Alabama entrepreneurs can do both Today 8:17 AM Today’s guest columnists are Patrick J. Murphy and Jonathan Murphy. In January 2021, a law went into effect in Alabama that allows the formation of a new kind of business entity called a “benefit corporation.” Forming a benefit corporation allows a business to pursue financial value and social value simultaneously, without violating its fiduciary obligations to its shareholders. As an endowed chair professor and d...
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Source: al.com