Corporate Sustainability and Social Entrepreneurship: Part Five

Fifth in a Series of Articles

Last week’s article in this series noted that there is significant support in the law of corporate governance for companies pursuing a double bottom line, i.e. pursuing profit while doing social good. Further, that exculpatory language in state statutes often protect directors in connection with such actions.

As such, many companies pursue what they perceive to be social good as part of their agenda. But even these companies are interested in understanding and demonstrating how social good positively impacts the bottom line.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Robert Freedman - Partner at Tharpe & Howell, LLP | Attorney Advertising

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