South Korea is exploring the creation of a new type of corporation, the 'public benefit corporation', which would allow businesses to pursue social good alongside profits. A discussion held at the National Assembly proposed this entity, which would be a third option between traditional for-profit and non-profit organizations.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned