Why aren't there benefit corporations everywhere?
Today we have a guest post from Hans Rawhouser and Michael Cummings, both from the University of Nevada, Las Vegas. Hans and Michael have been working with Andrew on research about benefit corporation legislation in the US, and their paper has just been published in a special issue of the California Management Review about hybrid organizations. The short video above is from the special issue editors at CMR and provides a good introduction to some of the main issues and debates around hybrid organizations. -------------------------------------------------------------------------------------------------------------------- Social hybrid organizations mix characteristics of non-profit and for-profit organizations, and are receiving increased attention from management scholars and practitioners. A hybrid organization can be identified informally, based on an assessment of the organization’s practices, or it can be recognized more formally such as through third-party certification (...