Now Playing:

Stand for independent journalism
and powerful storytelling.

contribute now OPB

Radio

Think Out Loud

Benefit Corporations Aim To Balance Profit With Public Good


Pete Springer/OPB

Most chief financial officers are primarily concerned about the bottom line. But not Bill Campbell. He’s the CFO of Equilibrium Capital Group — a company that’s among the first in Oregon to apply for the benefit company designation. As a the CFO of a benefit company, he isn’t obligated to put profits first. The purpose of the designation is to protect companies who want to, in Campbell’s words, “balance” profits with other social and environmental goals.

Oregon is the 20th state to adopt this relatively new kind of designation. We’ll ask what’s in it for the companies who apply for this designation and how Washington’s similar social purpose companies compare.

What questions do you have about benefit companies? Would you seek out the services of a benefit company over one without that designation?

GUESTS:

business capitalism social responsibility benefit companies economy

More Think Out Loud

More OPB

Join the Conversation

Send Think Out Loud A Message

OPB has updated its privacy policy. You can find details here.


Also This Hour

Talking Business

OPB | Broadcast: Jan. 7, 2014