Companies can convert ownership into perpetual purpose trusts that legally bind a firm to long‑term missions. Paired with deliberately designed rituals, those legal structures make day‑to‑day practices and governance decisions reflect the stated purpose rather than short‑term shareholder pressure.
— If widely adopted, perpetual purpose trusts plus ritualized culture design could rewire corporate incentives toward long‑term social missions, affecting takeover defenses, finance, labor relations, and regulation of stakeholder capitalism.
James D. White, Krista White
2025.12.01
100% relevant
Organically Grown Company (OGC) restructured ownership into the Sustainable Food and Agriculture Perpetual Purpose Trust (2018), which its CEO Brenna Davis credits with embedding purpose into meetings, decision rules, and organizational rituals.
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