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  2. For-profit corporation - Wikipedia

    en.wikipedia.org/wiki/For-profit_corporation

    A modern form of profit corporations exists in the form of a "benefit corporations." A number of for-profit corporations have opted to change their corporate form to this one. Many new corporations have been incorporating as benefit corporations. A benefit corporation aims to gain profit but also has a social mission that may have to do with ...

  3. Benefit corporation - Wikipedia

    en.wikipedia.org/wiki/Benefit_corporation

    An ordinary corporation may change to a benefit corporation merely by stating in its approved corporate bylaws that it is a benefit corporation. [2] A company chooses to become a benefit corporation in order to operate as a traditional for-profit business while simultaneously addressing social, economic, and/or environmental needs. [3]

  4. Corporation - Wikipedia

    en.wikipedia.org/wiki/Corporation

    The History of the Corporation (2003) Cadman, John William. The Corporation in New Jersey: Business and Politics (1949) Conard, Alfred F. Corporations in Perspective. 1976. Cooke, C.A., Corporation, Trust and Company: A Legal History, (1950) Davies, PL, and LCB Gower, Principles of Modern Company Law (6th ed., Sweet and Maxwell, 1997), chapters ...

  5. OpenAI outlines new for-profit structure in bid to stay ahead ...

    www.aol.com/news/openai-lays-plan-shift-profit...

    Under the proposed plan, the ChatGPT maker's existing for-profit arm would become a Delaware-based public benefit corporation (PBC) - a structure designed to consider the interests of society in ...

  6. OpenAI reveals new details about its plan to convert to a for ...

    www.aol.com/news/openai-reveals-details-plan...

    Its current for-profit arm has been governed by a nonprofit board. OpenAI said its existing for-profit arm would become a public benefit corporation with ordinary shares of stock.

  7. OpenAI confirms plans to become a for-profit company as it ...

    www.aol.com/openai-confirms-plans-become-profit...

    The new entity will likely be a public benefit corporation registered in Delaware, OpenAI said. Such a business is a traditional for-profit, but with a stated mission to "produce a public benefit."

  8. Business history - Wikipedia

    en.wikipedia.org/wiki/Business_History

    Business history is a historiographical field which examines the history of firms, ... For Profit: A History of Corporations (2022) excerpt; Mathias, Peter, ...

  9. History of corporate law in the United States - Wikipedia

    en.wikipedia.org/wiki/History_of_corporate_law...

    In 1837, Connecticut adopted a general corporation statute that allowed for the incorporation of any corporation engaged in any lawful business. [3] Delaware did not enact its first corporation law until 1883. Bank of the United States v. Deveaux, 9 U.S. 61 (1809) corporations have capacity to sue. Gibbons v.