A PBC is a for-profit institution that provides some sort of benefit to the environment or public. Because it does not operate as a non-profit, shareholders can still profit — but because of their altruistic side, PBCs can choose to not declare shareholder profit as their primary goal and instead focus on accomplishing a greater vision and mission. —Tim Howes, our Co-Founder and Executive Chairman on Entrepreneur.com
Our Co-Founder on Profit and Good Karma in a Public Benefit Corporation
- by Know Yourself
- 11 December, 2015
- 1 min read
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