Rise of a New Corporate Vehicle: Public Benefit Corporation - European Company Law View Rise of a New Corporate Vehicle: Public Benefit Corporation by Alex Fomcenco - European Company Law Rise of a New Corporate Vehicle: Public Benefit Corporation Alex Fomcenco 11 6

So-called Public Benefit Corporations do not bring any revolutionary amendments to the way the traditional corporations are. But they represent a shift in the way our corporate mind and mentality is evolving. Despite the deficiencies in legislation, it must be acknowledged that this new corporate vehicle indicates that for some corporations public benefit objectives become more important than profits.

European Company Law