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B Academics

B Academics

B Academics is an academic professional organization made up of a global community of educators and researchers that provide resources to academics interested in benefit corporations and social enterprises. IBPE is a co-founder and sponsor of the organization.

You can find more information about B Academics at bacademics.org, where you an also find an extensive repository of resources related to benefit corporations that The Institute help create. IBPE Executive Director Summer Brown currently serves as a board member and secretary.

B Academics hosts annually, roundtables, webinars and workshops. Learn more at bacademics.org.

What is a Benefit Corporation?

A benefit corporation is a legal form of U.S. corporation established by state statutes that allows a business to prioritize a social objective over a financial bottom line. A benefit corporation may pursue stakeholder benefits and larger social interests over shareholder value maximization. In other words, benefit corporations are otherwise similar to standard for-profit businesses; e.g., they may make profits, may be shareholder-owned and may pay stock dividends. A benefit corporation establishes a public benefit purpose which cannot be changed or eliminated without a minimum of majority shareholder approval (and sometimes even two-thirds approval in some states).