Steward Owned Companies
Link to Jay Standish written explanation. [1]
Steward-Ownership: The New Code
What if companies, at their core, existed for more than just shareholder returns? What if the most fundamental legal structures that define a company could be coded with a practical mission to serve the needs of society, communities and everyday people? What if we didn't have to depend on governments and nonprofits to clean up the damage caused by irresponsible businesses? What if business could provide long-term value to society and make positive contributions through their daily operations, and take care of the people who create that value?
An emerging trend called Steward-Ownership solves these questions by re-writing legal code at the very core of corporate governance. Steward-owned companies create benefits for their purpose, rather than