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Crossing the Shareholder-First Border: The Case of Trek Therapeutics
Journal article   Peer reviewed

Crossing the Shareholder-First Border: The Case of Trek Therapeutics

William P. Smith, Barrie E. Litzky and International Association for Business and Society
Proceedings of the International Association for Business and Society, v 30, pp 66-72
2019

Abstract

This project investigates critical issues and events related to Trek Therapeutics experience as a public benefit corporation. We will present and discuss how Trek differentiates itself in an industry where the attention is on high prices supporting high investor returns. Trek’s benefit corporation status helped it garner favorable attention in some respects, but has also presented challenges, particularly when it comes to attracting new capital.

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