benefit

Type: Concept

As of November 2026, benefit has been mentioned in one podcast episode on Table Read Tuesdays (Jun 2025).

In business, particularly in United States corporate law, a benefit corporation is a type of for-profit corporate entity whose goals include making a positive impact on society. Laws concerning conventional corporations typically do not define the "best interest of society", which has led to the belief that increasing shareholder value is the only overarching or compelling interest of a corporation. Benefit corporations explicitly specify that profit is not their only goal. An ordinary corporati