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Shareholder Proposals Requesting Conversion to Public Benefit Corporations: A Fleeting Trend or the Future?

In the past year, at least 16 public companies1 received shareholder proposals requesting they convert to benefit corporations. Benefit corporations (known in Delaware as public benefit corporations or “PBCs”) are for-profit...more

Shareholder Proposals Requesting Conversion to Public Benefit Corporations: A Fleeting Trend or the Future? (Updated)

In the past year, at least 16 public companies1 received shareholder proposals requesting they convert to benefit corporations. Benefit corporations (known in Delaware as public benefit corporations or “PBCs”) are for-profit...more

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