(NEC) +en:adjective: A company or organization that exists for the purpose of serving the community and was not founded with solely financial or demand based concerns in mind. Companies of this type often have fle...
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==English==
===Adjective===
{{en-adj|head=[[For]] [[Benefit]]|-}}
# A company or organization that exists for the purpose of serving the community and was not founded with solely financial or demand based concerns in mind. Companies of this type often have flexible pricing, work for trade or offer their services in an otherwise affordable manner yet either do not qualify for or have not applied for official non-profit status.
"One new experiment along these lines, being rolled out in Vermont, is the creation of a new "For Benefit" business classification that "expands the definition of fiduciary responsibility beyond an exclusive obligation to shareholders to encompass the interests of all corporate stakeholders, including employees, the local economy, and the environment." According to Mr. Patten's article, these new organizations will be granted "legal protection to make investments with an eye to the long term, aiming for sustainable returns, not fast paybacks for shareholders." - http://careerhorizons.wordpress.com/2010/08/29/the-for-benefit-company-will-it-catch-on/
