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The Firm as Common Pool Resource: Unpacking the Rise of Benefit Corporations

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Type: Working Paper
Author: Hiller, Janine; Shackelford, Scott; Ma, Xiao
Date: 2017
Agency:
Series: Ostrom Workshop Cybersecurity & Internet Governance White Paper Series, no. CY17-3
URI: http://hdl.handle.net/10535/10306
Sector: Information & Knowledge
Region:
Subject(s): cybersecurity
common pool resources
Abstract: "This article investigates the processes and purposes of enacting benefit corporation statutes as a vehicle to better understand what role individuals, civil society, and other institutions play in reshaping the relationship between business and society. Furthermore, benefit corporation legislation supports cooperative (socially responsible) decision making that is the hallmark of a decentralized, multi-faceted management of common resources."

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