The January 19, 2012, edition of the Wall Street Journal contains an article by Angus Loten entitled

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The January 19, 2012, edition of the Wall Street Journal contains an article by Angus Loten entitled “With New Law, Profits Take a Back Seat.”
Instructions
Read the article and answer the following questions.
(a) Summarize the nature of the new law that is discussed in the article.
(b) What do some proponents of the law say is the “biggest value” of the law? How does the article say that this would have impacted Ben & Jerry’s?
(c) What are some criticisms of the law?
(d) How does incorporation as a benefit corporation differ from B Corp certification?
(e) What are some of the companies that the article cites as either having adopted Benefit Corporation standing or are considering it?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Accounting Tools for Business Decision Making

ISBN: 978-1118128169

5th edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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