Corporate law

Why Good Companies Go Bad (And How to Stop It)

Why Good Companies Go Bad (And How to Stop It)

Eric Ries, author of "The Lean Startup", discusses his new book, "Incorruptible". He argues that the modern doctrine of shareholder primacy is a value-destroying trap for founders and explains the legal and governance structures—from Public Benefit Corporations to industrial foundations—that can be used to build mission-controlled companies designed to last for generations, using historical examples like Costco and modern case studies like Anthropic.