I asked Prof. Bainbridge whether I could cross-post this from Corporate Finance Lab, and he kindly agreed: What is the purpose of a corporation? Is it, as Nobel Economics laureate Milton Friedman ...

Public benefit corporations must balance profit with environmental and social benefits. They legally protect decisions that favor long-term social impact. A public benefit corporation structure ...

OpenAI seems to be on a roll with high-profile partners, after recently announcing a mega multi-billion dollar deal with ...

The U.S. Postal Service recorded a fiscal 2022 net profit of $56.0 billion, after a loss of $4.9 billion in the same period a year ago, due primarily to a one-time benefit of $57.0 billion recorded ...