Laws establishing Benefit Corporations impose legal requirements for firms to

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Laws establishing Benefit Corporations require firms to implement a stakeholder model that considers the interests of all stakeholders, including employees, customers, suppliers, the community, and the environment, in addition to maximizing shareholder value. Benefit Corporations are designed to balance profit-making with social and environmental goals, which is not the case in a shareholder model. Paying a living wage to all employees or using only environmentally sustainable manufacturing processes may be part of a Benefit Corporation's mission, but they are not legal requirements.

Laws Establishing Benefit Corporations Impose Legal Requirements for Firms to