The development of incorporated structures for charities: a 100 year comparison of England and New Zealand

CORDERY, Carolyn J, FOWLER, Carolyn J and MORGAN, Gareth G (2016). The development of incorporated structures for charities: a 100 year comparison of England and New Zealand. Accounting History, 21 (2-3), 281-303.

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Link to published version:: 10.1177/1032373216638104

Abstract

This article contrasts the emergence of two specific incorporated structures for non-profit organizations which came into being more than a century apart. We compare the ability for charities to form as “incorporated societies” under the New Zealand Incorporated Societies Act 1908 (effective from 1909), and to form as “charitable incorporated organizations” (CIOs), which were enacted in England and Wales under the Charities Act 2006 (effective from 2013). The article emphasizes the need for charitable non-profit organizations to incorporate for effective operation. This issue is rarely discussed, but the chosen legal form brings specific financial accounting obligations, affecting organizations’ accountability to third parties. Taking a comparative international history approach and drawing on a range of sources, we explore the socio-legal processes which led to the relevant legislation in each country. In particular, this diffusion study investigates why a specific corporate form for charitable non-profit organizations came into effect more than 100 years later in England as compared to New Zealand, with “place” emerging as the most significant comparative dimension.

Item Type: Article
Uncontrolled Keywords: Charities, incorporated societies, charitable incorporated organisations, CIOs, accounting and accountability.
Research Institute, Centre or Group: Sheffield Business School Research Institute > Ethical Organisations
Identification Number: 10.1177/1032373216638104
Related URLs:
Depositing User: Gareth Morgan
Date Deposited: 05 Jul 2016 15:19
Last Modified: 19 Oct 2016 23:53
URI: http://shura.shu.ac.uk/id/eprint/10172

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