Re:RStudio becomes a public benefit corporation
by drozycki on Wednesday January 29, 2020 @04:01PM
(#22185763)
I am not an expert, but it appears there are two different "types" of "B corp". One has a standard corporate charter but is certified annually by a nonprofit called B Lab. The second has a special charter which frees its leadership from liability if they make a decision for social impact that has a negative impact on shareholder value.
Etsy was the first type but they let their annual certification lapse, while RStudio is becoming the second type.
Etsy was the first type but they let their annual certification lapse, while RStudio is becoming the second type.
https://en.wikipedia.org/wiki/B_Corporation_(certification) https://en.wikipedia.org/wiki/Benefit_corporation