{"componentChunkName":"component---src-templates-blog-post-ts","path":"/some-b-corps-are-using-esops-to-unite-stakeholders-interests/","result":{"data":{"site":{"siteMetadata":{"title":"Clausehound Blog","author":"Joshua Koudys"}},"markdownRemark":{"id":"eef0cbff-2ce6-5080-988c-5fc0b5dca84e","excerpt":"This article argues that maximizing shareholder returns is not the best way to run a sustainable for-profit corporation. The author points to several “B…","html":"<p>This article argues that maximizing shareholder returns is not the best way to run a sustainable for-profit corporation. The author points to several <strong>“B Corporations”</strong>, or <strong>benefit corporations</strong> which do a much better job of engaging their workforce than <strong>traditional for-profit corporations</strong>. </p>\n<p>A ‘B Corp’ measures its success across five (5) metrics: employees (pay more than the competitors), customers (charge less than the competitors); community (contribute more than the competitors); environment (reduce impact); and shareholders (pay a bit less…but still be very successful). </p>\n<p>The article describes several very successful B Corps. One of these businesses has recently implemented an <strong>ESOP</strong>, not as a strategy for retaining employees (their wages are already higher than the competitors), but as a strategy for uniting the interests of various groups including employees, shareholders and community.</p>\n<p><a href=\"http://www.huffingtonpost.com/dan-pontefract/how-b-corps-might-slay-th_b_5745920.html?\" target=\"_blank\" rel=\"nofollow noopener\">Read the article here.</a></p>\n<h3>Takeaway:</h3>\n<ul>\n<li>ESOPs can be used effectively in corporations focused on the welfare of the community.</li>\n</ul>","frontmatter":{"title":"Some B Corps are using ESOP's to Unite Stakeholders' Interests","date":"November 28, 2015","description":"This article argues that maximizing shareholder returns is not the best way to run a sustainable for-profit corporation.","author":{"id":"rajah@cobaltcounsel.com","first":"Rajah","last":"Lehal","bio":"Rajah Lehal is Founder and CEO of Clausehound.com.  Rajah is a legal technologist and technology lawyer who is, together with the Clausehound team, capturing and sharing lawyer expertise, building deal negotiation libraries, teaching negotiation in classrooms, and automating negotiation with software.","image":{"childImageSharp":{"fluid":{"base64":"data:image/jpeg;base64,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","aspectRatio":1,"src":"/static/d7bbad08c257f3987a4a5710553e9e17/bdd4d/Rajah.jpg","srcSet":"/static/d7bbad08c257f3987a4a5710553e9e17/2b9ee/Rajah.jpg 80w,\n/static/d7bbad08c257f3987a4a5710553e9e17/e5d64/Rajah.jpg 160w,\n/static/d7bbad08c257f3987a4a5710553e9e17/bdd4d/Rajah.jpg 320w,\n/static/d7bbad08c257f3987a4a5710553e9e17/6e63d/Rajah.jpg 400w","sizes":"(max-width: 320px) 100vw, 320px"}}}},"tags":["ESOP","Plan Administrator","Human Resources","Rajah"]}}},"pageContext":{"slug":"/some-b-corps-are-using-esops-to-unite-stakeholders-interests/","previous":{"fields":{"slug":"/wind-turbines-the-high-costs-of-opposition/"},"frontmatter":{"title":"Wind Turbines: The High Costs of Opposition","tags":["Farming Law","Rajah"],"author":{"id":"rajah@cobaltcounsel.com","first":"Rajah","last":"Lehal"}}},"next":{"fields":{"slug":"/sleep-train-esop-terminated-after-takeover-by-mattress-firm/"},"frontmatter":{"title":"Sleep Train ESOP Terminated after Takeover by Mattress Firm","tags":["ESOP","Termination of the Plan","Human Resources","Rajah"],"author":{"id":"rajah@cobaltcounsel.com","first":"Rajah","last":"Lehal"}}}}}}