Better Business: How the B Corp Movement Is Remaking Capitalism

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Based on more than a decade of research and featuring interviews with leaders of dozens of leading global companies, Christopher Marquis introduces readers to a revolution started by the founders of B Lab. Their mission was to create a new corporate form-the public benefit corporation-that places social benefits and the rights of workers, the community, and the environment on equal footing with financial shareholders. Driven by B Lab, 34 U.S. states have passed benefit corporation legislation and more than 5, 000 U.S. companies have incorporated using the benefit corporation form. Internationally, benefit corporation legislation has either passed or is in process in Argentina, Australia, Canada, Chile, Colombia, and Italy. This book explores how and why the change led by B Lab is working, why it is crucial to the well-being of every person on the planet, and what its future prospects are"--