Doctoral thesis
English

Benefit Corporations: International Perspectives and Implications under Swiss Law

ContributorsMilano, Umberto
DirectorsPeter, Henry
Number of pages310
Imprimatur date2024-04-10
Defense date2024-01-11
Abstract

Benefit corporations are gaining international recognition as a new corporate model catering for the needs of businesses striving for a triple-bottom-line approach. They are axed on three main pillars: a hybrid (for-profit and non-for-profit) purpose, expanded duties of their executive body to consider the interest of third-party stakeholders, and specific transparency requirements. In an international comparison, this thesis starts analyzing the model's inception in the United States and its further development in continental Europe (particularly in ltaly, the first civil law jurisdiction having adopted a dedicated body of law on the subject matter). lt then moves on considering its possible implementation in Switzerland by way of private ordering (on the blueprint of B Lab's requirements to obtain the B Corp certification for Swiss companies limited by shares) and its consequent implications, to conclude with certain recommendations on possible legislative amendments to improve the model's overall accountability.

Keywords
  • Benefit corporations
  • Sustainability
  • Fourth sector
  • Triple bottom line
  • Hybrid entities
  • B Corp
  • B Lab
Affiliation entities
Citation (ISO format)
MILANO, Umberto. Benefit Corporations: International Perspectives and Implications under Swiss Law. Doctoral Thesis, 2024. doi: 10.13097/archive-ouverte/unige:176464
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Thesis
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Creation16/04/2024 07:03:23
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Update04/04/2025 10:16:02
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