Scratch My Back, And I'll Scratch Yours: Scratching the Surface of the Duty of Care in Cross Sector Collaborations - Are For-profits Obligated to Ensure the Sustainability of Their Partner Non-profits?

Authors

Christyne J. Vachon Esq.

Abstract

Nonprofits and For-profit corporations increasingly interact with each other to gain the mutual benefits of cross sector Collaborations. Nonprofits gain access to resources, expertise, and new business avenues, among other benefits. For-profits gain good will, trust, and access to new markets. The Collaboration can lead to corporate governance issues that should not be overlooked during management decision making. The article evaluates a Continuum of engagement in the For-profit and Nonprofit Collaboration that informs the requisite duty of care for the entities’ boards of directors. Ultimately, the duty of care owed by the For-profit to the Nonprofit depends on where the Collaboration lies on the Continuum.

Recommended Citation

Christyne J. Vachon Esq., Scratch My Back, And I'll Scratch Yours: Scratching the Surface of the Duty of Care in Cross Sector Collaborations - Are For-profits Obligated to Ensure the Sustainability of Their Partner Non-profits?, 8 Hastings Bus. L.J. 1 (2012).
Available at: https://repository.uclawsf.edu/hastings_business_law_journal/vol8/iss1/1