Incorporating as a Public Benefit Corporation already frees directors’ hands; Delaware Title 8, §365 requires them to “balance the pecuniary interests of the stockholders, the best interests of those materially affected by the corporation’s conduct, and the specific public benefit(s) identified in its certificate of incorporation”.
Incorporating as a Public Benefit Corporation already frees directors’ hands; Delaware Title 8, §365 requires them to “balance the pecuniary interests of the stockholders, the best interests of those materially affected by the corporation’s conduct, and the specific public benefit(s) identified in its certificate of incorporation”.