Searching for the Optimal Legal Limits on Charity Entrepreneurship
Document Type
Book Chapter
Publication Date
2022
Abstract
Publisher Summary
Chapter 12
In recent years, much media and scholarly attention has focused on social entrepreneurship and the ways that the law can help or hinder those launching new ventures that seek to combine doing good with doing well. Prominent examples of such ventures include Mark Zuckerberg and Priscilla Chan’s public discussions about how best to dedicate 99 percent of their Facebook stock to charitable endeavors and the decision of Kickstarter’s founders to forego going public in favor of making a legal commitment to pursue goals other than maximizing profits.1 New, so-called hybrid, legal forms such as the benefit corporation and the low-profit limited liability company have arisen to accommodate these new ventures in the United States, and debate continues over the benefits and obligations of such new entities.
Series: Cambridge Law Handbooks
Recommended Citation
Mayer, Lloyd H., "Searching for the Optimal Legal Limits on Charity Entrepreneurship" (2022). Book Chapters. 121.
https://scholarship.law.nd.edu/book_chapters/121
Publication Information
in The Cambridge Handbook of Law and Entrepreneurship in the United States 215 (D. Gordon Smith et al. eds., 2022).