The present of active and inactive B Corps

  • Mohamed Yassin Mohamed Elkateb (Student)

Student thesis: Master's Thesis


Purpose – The purpose of this paper is to analyze the current state of certified and decertified B Corps in order to have a better understanding of why firms decide to abandon the B Corp certificate as well as to reveal decertification trends. Design/Methodology/Approach – The research is based on secondary data published by B Lab itself. Basic statistical methods such as t-tests and linear regressions were used to have a better overview of the state of active and inactive B Corps. Findings – The findings show that there is a general decrease in the decertification rates of B Corps. While the U.S. accounts for the highest and the United Kingdom accounts for the lowest decertification rates. Most of the B Corps are small sized and larger B Corps are less likely to decertify. Research Limitations – The main limitation of this paper is the restricted access to the B Labdata. In the publicly available dataset, information regarding reasons of decertification are not mentioned and thus conclusions are based on literature review and intuition. Practical Implications – From the results, B Lab can identify some of it its weaknesses insome regions, size categories and sectors. B Lab must focus on improving their assessment test to decrease the decertification rates. While also working closely with the government to achievethe best possible outcomes. Social Implications – From the results, consumers will have a better overview of the current B Corp state which will decrease the information asymmetry and improve the decision-making process. Originality – To the author's knowledge, this is the first paper that examines the relation shipbetween B Corp certification counts and the GDP of a country.
Date of Award17 Oct 2022
Original languageEnglish
Awarding Institution
  • Universidade Católica Portuguesa
SupervisorHelio Arthur Reis Irigaray (Supervisor)


  • B Corporation
  • B Lab
  • Corporate social responsibility
  • Gross domestic product
  • Sustainability
  • Third-party certification


  • Mestrado em Gestão e Administração de Empresas

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