public benefit corporation | Wex | US Law | LII / Legal Information Institute
Alternatively, private, for profit entities and corporations can also be considered public benefit corporations, also known as a PBCs, Benefit Corporations, or B Corps. Unlike traditional C Corporations whose primary interest is maximizing shareholder value, public benefit corporations balance stakeholders’ pecuniary interests, the interests of those who are involved and affected by the corporation (such as employees and customers), as well as the advancement of their intended public benefi...| LII / Legal Information Institute
