Pages

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. 

38 comments:

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

    ReplyDelete
    Replies
    1. Great Article. Thank you for sharing! Really an awesome post for every one.

      IEEE Final Year projects Project Centers in India are consistently sought after. Final Year Students Projects take a shot at them to improve their aptitudes, while specialists like the enjoyment in interfering with innovation. For experts, it's an alternate ball game through and through. Smaller than expected IEEE Final Year project centers ground for all fragments of CSE & IT engineers hoping to assemble. Final Year Projects for CSE It gives you tips and rules that is progressively critical to consider while choosing any final year project point.

      JavaScript Online Training in India

      JavaScript Training in India

      The Angular Training covers a wide range of topics including Components, Angular Directives, Angular Services, Pipes, security fundamentals, Routing, and Angular programmability. The new Angular TRaining will lay the foundation you need to specialise in Single Page Application developer. Angular Training

      Delete
  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

    ReplyDelete
  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

    ReplyDelete
  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

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

    ReplyDelete
  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

    ReplyDelete
  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 - edit-ing.services

    ReplyDelete
  8. This blog is so nice to me. I will continue to come here again and again. Visit my link as well. Good luck
    http://www.jualobataborsiherbal.com/ obat aborsi
    http://www.jualobataborsiherbal.com/cara-menggugurkan-kandungan/ cara menggugurkan kandungan
    http://obataborsi59.com/ obat aborsi
    http://obataborsi59.com/cara-menggugurkan-kandungan-dengan-cepat-dan-aman/ cara menggugurkan kandungan
    http://obattelatdatangbulan.info/ obat telat datang bulan
    http://klinikobataborsi.com/ jual obat aborsi
    http://jualobatpenggugurkandungan.net/ obat penggugur kandungan
    http://tandatandakehamilan.net/ tanda tanda kehamilan

    ReplyDelete
  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.

    ReplyDelete
  10. This comment has been removed by the author.

    ReplyDelete
  11. This comment has been removed by the author.

    ReplyDelete
  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

    ReplyDelete
  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

    ReplyDelete
  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

    ReplyDelete
  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

    ReplyDelete
  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

    ReplyDelete
  17. Thanks for a very interesting blog. What else may I get that kind of info written in such a perfect approach? I’ve a undertaking that I am simply now operating on, and I have been at the look out for such info. https://www.seoragno.com

    ReplyDelete
  18. Regular visits listed here are the easiest method to appreciate your energy, which is why why I am going to the website everyday, searching for new, interesting info. Many, thank you  Aegean College

    ReplyDelete
  19. Thanks for a very interesting blog. What else may I get that kind of info written in such a perfect approach? I’ve a undertaking that I am simply now operating on, and I have been at the look out for such info. Cara Terbaik kirim barang dari China Ke Indonesia

    ReplyDelete
  20. Excellent article. Very interesting to read. I really love to read such a nice article. Thanks! keep rocking. dubai business setup

    ReplyDelete
  21. Thank you because you have been willing to share information with us. we will always appreciate all you have done here because I know you are very concerned with our. small corner bathroom sink

    ReplyDelete
  22. Excellent article. Very interesting to read. I really love to read such a nice article. Thanks! keep rocking. forsage

    ReplyDelete
  23. Excellent article. Very interesting to read. I really love to read such a nice article. Thanks! keep rocking. Business Mailing List

    ReplyDelete
  24. I thank you for the information and articles you provided

    ReplyDelete
  25. If you live in Greenville, SC and are looking for a roofing contractor to help you with your roof repair or installation look no further. We are a professional roofing company and can provide you with anything your home might need. best roofer

    ReplyDelete
  26. A wave of our all-natural Lelu Soaps and bath products, treat yourself with your body submerged in our rich combinations of natural oils and butters. They are beneficial to the skin; revitalize your energy and help you achieve mental serenity. Made with all natural ingredients and 100% pure and natural additives and essential oils to soak into your skin and exfoliate and leave your skin feeling amazing!
    natural handmade soap , natural soap bar , Vegan Bath Bomb , Lelu Bath Fizz Collection , clean beauty products , organic skincare

    ReplyDelete
  27. You have performed a great job on this article. It’s very precise and highly qualitative. You have even managed to make it readable and easy to read. You have some real writing talent. Thank you so much. internal audit tracking software

    ReplyDelete
  28. area 51 iptv
    The face of television has changed over the years. For decades, people had to deal with cable providers to deliver content to their TV sets. However, this model has been replaced by modern technology innovations. The game-changing services like Area 51 IPTV have entered the entertainment market to disrupt the traditional model once and for all.

    ReplyDelete
  29. kore trak watch makes it easy to understand and monitor your health. A quick glance at your wrist and you will be able to track all your key vitals such as heart rate, steps taken, and calories burned.
    The no-fuss interface also allows you quickly to set up your workout with less planning so you can just focus on achieving your goals.

    ReplyDelete