Business Magazine

Benefit Corps: The Economist’s Perspective

Posted on the 18 May 2011 by Blab

Benefit Corps: The Economist’s PerspectiveAn Interview with Michael Shuman, Research Director of Cutting Edge Capital

 

Clearly, we support Benefit Corps, but it’s always helpful to get an objective view.

We interview Michael Shuman to get an economist’s take on why Benefit Corporations matter.

 

How will Benefit Corporations affect the market?

It increases market efficiency. It is an axiom of a market economy that it functions more efficiently when consumers have the best information possible. Benefit Corp designation helps match consumers and investors with companies that share the values of creating quality jobs that improve the quality of life in our communities.

How will Benefit Corporation legislation impact the economy?

The legislation boosts state economies. It will drive more residents to buy goods and services and more investors to place money in local companies. Local purchasing and local investing boost local jobs. There is a growing body of evidence that locally owned companies, compared to absentee owned businesses, generate more income, wealth, jobs, tax receipts, charitable contributions and lower carbon footprints.

What will Benefit Corporation Legislation cost?

There is virtually no cost. It would be difficult to identify another proposed measure that would deliver as much “economic stimulus” at as small a cost.

 


You Might Also Like :

Back to Featured Articles on Logo Paperblog

These articles might interest you :

  • Capt. Charles Morgan is Gulf To Table Certified

    Capt. Charles Morgan Gulf Table Certified

    Most restaurants peppered along the Gulf Coast claim to serve fresh local seafood, but when you utter the name Harbor Docks, claim becomes fact. Read more

    9 hours, 24 minutes ago by   30aeats.com
    FOOD & DRINK, RECIPES
  • Does Coffee Raise Blood Sugar? Preliminary Findings.

    Does Coffee Raise Blood Sugar? Preliminary Findings.

    A few weeks ago, I started an experiment to better understand how different foods and lifestyle decisions impact blood sugar, using a constant-glucose-monitorin... Read more

    9 hours, 50 minutes ago by   Dietdoctor
    DIET & WEIGHT, HEALTH, HEALTHY LIVING, MEDICINE
  • New Music Round-up Featuring Everything Everything, Sl0tface, Quiet Lions,...

    Music Round-up Featuring Everything Everything, Sl0tface, Quiet Lions, False Advertising Samoans

    Everything Everything – ‘A Fever Dream‘ (live) This video sees Everything Everything showcase the title track from their new album in all its glory. Read more

    9 hours, 55 minutes ago by   Spectralnights
    ENTERTAINMENT, MUSIC
  • WhatsApp Spy – Monitor Someone’s Calls, Chats & Multimedia

    WhatsApp Monitor Someone’s Calls, Chats Multimedia

    Are you aware of the fact that WhatsApp has one of the biggest fans following worldwide? It has more than 100 million users. It is obvious that employees,... Read more

    10 hours, 11 minutes ago by   Ruby Mariah
    GADGETS, TECH
  • The Best Of : The Processional

    The processional is one of those key moments in a wedding day; a moment which can be a one in a lifetime event. As a wedding photographer, it’s vital that we... Read more

    10 hours, 13 minutes ago by   Belinda Mccarthy
    SELF EXPRESSION
  • Eating Healthy in Barcelona3 Min Read

    Eating Healthy Barcelona3 Read

    One of the great cities of the world, Barcelona is a feast for both the eyes and taste buds. An estimated 32 million people visit the city each year to walk... Read more

    10 hours, 17 minutes ago by   Healthytravelblog
    TRAVEL
  • Will Coconut Oil Kill You?

    Could coconut oil kill you, like the American Heart Association recently announced? Here's a man who has mistakenly been healthy and ripped for many years from... Read more

    10 hours, 33 minutes ago by   Dietdoctor
    DIET & WEIGHT, HEALTH, HEALTHY LIVING, MEDICINE

Magazine