Mission-led companies – hybrid legal options

This document provides an overview of hybrid legal forms serving the common good, with a focus on the United States. It discusses the proliferation of new legal structures, from the decline of Constituency Statutes to the rise of Benefit Corporations, Social Purpose Corporations, and Public Benefit Corporations. The studyt compares the different models in terms of mission, rules of adoption, performance lock, transparency, profitability, asset-lock, governance, specific taxation, and mission enforceability mechanisms.