A law newly passed by the Maryland legislature will enable entrepreneurs to combine their desire to do good works with their responsiblity to their shareholders.
Here's an excerpt:
"Maryland has created a new legal structure -- called a benefit corporation -- for companies that blend business with social and environmental good.
The legislation, signed into law by Gov. Martin O'Malley, requires that benefit corporations create a positive impact on society and that boards of directors consider how decisions will affect employees, local jurisdictions, and the environment, rather than just looking at shareholders' interests. It also offers board members legal protection for taking social and environmental issues into consideration."
Read the entire post here.