To print this article, all you need is to be registered or login on Mondaq.com. As society increasingly expects corporations, large and small, to generate positive social impact alongside profits, many entrepreneurs and executives are incorporating their companies as, or converting to, Public Benefit Corporations ("PBCs"). As discussed in our articles for VC Experts-"Can I Raise Venture Capital as a PBC?" and "What are My Exit Options as a PBC?"-a PBC is a legal corporate form created by the state of Delaware in 2013 that, among other things, codifies a company's social mission. Most significantly, a PBC allows a board of directors to make