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Comment by cmurf

8 years ago

Sure, as stated in the articles of incorporation. Many states offer an in-between type of corporation called a benefit corporation. It is for-profit, but the articles of incorporation require it behave, additionally, with social benefit in mind. And they are obligated by their charter, and can be dissolved by the state responsible for the entity's creation, if they don't follow it. The public would have some degree of standing that wouldn't necessarily apply to other corporations.