Proposed Massachusetts law would require corporate responsibility

January 18, 2012 | By | Reply More

A new law affecting Massachusetts corporations has been proposed to require corporations to be more than money-makers:

The Code for Corporate Citizenship (the “Code”) would amend Section 8,30 (a)(3) of the Massachusetts Business Corporations Act which now requires corporate directors only to act “in a manner the director reasonably believes to be in the best interests of the corporation.” The Code will change this duty to add 28 words, “but not at the expense of the environment, human rights, public health and safety, dignity of employees and the welfare of the communities in which the coproration operates.”

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Category: American Culture, Social justice

About the Author ()

Erich Vieth is an attorney focusing on consumer law litigation and appellate practice. He is also a working musician and a writer, having founded Dangerous Intersection in 2006. Erich lives in the Shaw Neighborhood of St. Louis, Missouri, where he lives half-time with his two extraordinary daughters.

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