Foreword: Shape Shifting in the Law

Abstract

As this issue of the William Mitchell Law Review reflects, a significant dislocation is occurring in the law of business organizations. Something far more fundamental than a legal definition or any similarly specific concept is in flux. The legal and philosophical question is not whether a business organization should be able to engage instrumentally in non-profit activities but rather whether a business organization's purpose may include something in addition to (and likely prejudicial to) the purely pecuniary interests of the organization's owners.

Keywords: business organizations, non-profit, "social value" enterprise

JEL Classification: K22