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The government hopes private investors will fund social services – the evidence isn't so optimistic
(theconversation.com)
this post was submitted on 07 Dec 2023
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My understanding is that in the US (and around the world), B corps are not some thing listed in the laws if the country. It's a for profit company that has been certified by the non-profit B Lab as having a high social impact score. NZ does have certified B Corps and our company laws don't prevent this interpretation of shareholder value.
There's an actual legal entity that can be set up in many US states called a benefit corporation, to my knowledge such a thing does not exist in NZ.