Date of Graduation

5-2025

Document Type

Thesis

Degree Name

Bachelor of Science in Business Administration

Degree Level

Undergraduate

Department

Finance

Advisor/Mentor

Contreras, Rogelio Garcia

Abstract

This thesis presents a comparative analysis of the Community Reinvestment (CRA) and the B Corp Certification through the B-Impact Assessment (BIA). The CRA was enacted in 1977 and is a mandatory regulatory measure aimed at addressing discriminatory lending practices and encouraging equitable credit distribution in underserved communities. In contrast, the BIA is a voluntary assessment developed by the nonprofit B Lab to evaluate a company’s social, environmental and governance practices, which lead to B Corp Certification. This analysis explores the historical background, mission, methodology, success metrics and financial costs associated with each framework. Ultimately, this thesis highlights how both models, despite their differences in origin and application, contribute meaningfully to fostering responsible corporate behavior and community development.

Keywords

Community Reinvestment Act; B Impact Assessment; Corporate Social Responsibility; Community Development

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