Educational institutions, corporate governance and not-for-profits

Lessing, John, Morrison, David and Nicolae, Maria (2012) Educational institutions, corporate governance and not-for-profits. Corporate Governance EJournal, 2012 1-22.

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Author Lessing, John
Morrison, David
Nicolae, Maria
Title Educational institutions, corporate governance and not-for-profits
Journal name Corporate Governance EJournal
ISSN 1836-1110
Publication date 2012
Sub-type Article (original research)
Volume 2012
Start page 1
End page 22
Total pages 22
Place of publication Gold Coast, Qld., Australia
Publisher Bond University
Collection year 2013
Language eng
Formatted abstract
Schools are a big part of the not-for-profit (‘NFP’) sector in Australia. This article considers the choice as operating structure of NFPs and recommends a uniform operating structure that might be used for all. The company limited by guarantee is a useful structure since the provisions of the Corporations Act2001 (Cth) (‘Corporations Act’) offer day-to-day operating rules and law. This article suggests that a new chapter be inserted into the Corporations Act specifically to account for NFP activities. The recommendations draw upon the recent English inquiry and legislative amendments. We also refer to the January 2011 Australian Government consultation paper, Scoping Study for a National Not-for-Profit Regulator, that considers the feasibility of a nation-wide regulator.
Keyword Corporate governance and educational institutions
Schools
Not-for-profits
NFP
Q-Index Code C1
Q-Index Status Confirmed Code
Institutional Status UQ

Document type: Journal Article
Sub-type: Article (original research)
Collections: Official 2013 Collection
TC Beirne School of Law Publications
 
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Created: Tue, 12 Mar 2013, 13:24:14 EST by Carmen Buttery on behalf of T.C. Beirne School of Law