Wednesday, October 12, 2011

New York Times Report on the Flexible Purpose Corporation

It doesn't feel so bad being quoted on the front page of the New York Times Business Section. I just wish the reporters paid a little more attention to the facts, namely:
  • it's not a low-profit model, if you don't want it to be;
  • the California State Bar's Corporations Committee and the Department of Corporations supported the Flexible Purpose Corporation; and
  • California is the only state that offers the FPC and the only state that also has a Benefit Corporation statute.
Sorry for the mini-rant.

Other stories on California's new statutes:
Los Angeles Times, California's new B Corp law eyes social, environmental interplay

*Todd is a partner at the law firm of Jones Day, where he founded their Silicon Valley Office and runs their Renewable Energy and Sustainability Practice. The views expressed in this column are solely Todd’s personal views, not the views of Jones Day or its clients, and the information provided as to his affiliation with Jones Day is solely for purposes of identification and may not and should not be construed to imply endorsement or even support by Jones Day of the views expressed herein.

 © R. Todd Johnson, 2011. Business for Good.SM is a service mark of R. Todd Johnson. The thoughts, ideas and words expressed in this column are the property of R. Todd Johnson and may not be otherwise used or reprinted without express permission from Todd. 


  1. But it is still pretty cool =) Congrats Todd!

  2. The advantage for Food and Agricultural business could be the management of all crux-of-the-matter from production to consumption through accomplishing certain tasks, which includes, up to the mark quality and consumer safety procedures to follow environmental protection standards. It also called as end to end supply chain process.agribusiness consultant

  3. the web page teaches a person The way to start a hula hoop jam With your local town. You will recognize ones most ticks points in order to begin AND ALSO proceed a great hoop jam. afslanken

  4. Vitality Take in Testimonials Vitality refreshments are generally trending extremely popular right this moment plus the World wide web is usually fresh using numerous evaluations in addition to side by side comparisons. We will have a look at the actual refreshments plus the evaluate method to ensure that the best people arrived at the actual forefront. In other words, this is a article on the actual evaluations.Café da manhã saudável

  5. I’ve read some good stuff here. Definitely worth bookmarking for revisiting.
    Shipment inspections

  6. No doubt it will be very useful for my future projects. Would like to see some other posts on the same subject!
    Business Credit Reports

  7. New York is called Big Apple, I like this city very much ansd New York Times is my favourite newspaper. Take a look in here resume editing services -

  8. This blog is so nice to me. I will continue to come here again and again. Visit my link as well. Good luck obat aborsi cara menggugurkan kandungan obat aborsi cara menggugurkan kandungan obat telat datang bulan jual obat aborsi obat penggugur kandungan tanda tanda kehamilan

  9. This blog is so nice to me. I will continue to come here again and again. Visit my link as well. Good luck
    Cara Menggugurkan Kandungan
    Obat Penggugur Kandungan
    Obat Aborsi
    Cara Menghitung Usia Kehamilan
    Obat Aborsi Ampuh
    Cara Menggugurkan Kandungan
    Obat Pelancar Haid
    Jual Obat Pelancar Haid
    for beginners like me need a lot of reading and searching for information on various blogs. and articles that you share a very nice and inspires me.

  10. This comment has been removed by the author.

  11. This comment has been removed by the author.

  12. I’ve been surfing online more than 5 hours today, yet I never found any interesting article like yours without a doubt. It’s pretty worth enough for me. Thanks... food logo design

  13. Besides, the price estimate I just gave is only the cost of rebuilding the block. The old heat exchanger, oil cooler, gear box, alternator, and high priced injection pump may still have five thousand original hours on them. GLM aftermarket OMC parts

  14. Wow, What a Excellent post. I really found this to much informatics. It is what i was searching for.I would like to suggest you that please keep sharing such type of info.Thanks new york seo

  15. Logo configuration costs are not discretionary. The estimating considers the dimension of administration included. For instance, in the event that you are paying $10,000 or more for a logo, it would most likely be a piece of a marking bundle.
    logo design service

  16. This is my first visit to your blog! We are a team of volunteers and new initiatives in the same niche

    Hey there, You’ve done a fantastic job. I’ll certainly digg it and personally
    recommend to my friends. I’m sure they’ll be benefited from this site.

    1. klinik Raden Saleh
    2. biaya aborsi
    3. Dokter Sp.OG