The ABCs of PBCs: How This Relatively New Corporate Form Mandates a Broader View of Business

Socially beneficial causes now play a large role in consumers’ and employees’ decision-making. A recent survey from 2021 shows that 44% of millennials and 49% of Gen Zers reported making choices about the type of work they are prepared to do and the organizations for which they are willing to work based on their personal ethics. A 2019 survey found that 77% of U.S. consumers are motivated to purchase from companies committed to making the world better, and 49% of Americans believe it is more...
By: Robins Kaplan LLP