Skip to main content Accessibility help

We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.

Close cookie message
×
Hostname: page-component-cd9895bd7-dk4vv Total loading time: 0 Render date: 2024-12-13T04:04:45.586Z Has data issue: false hasContentIssue false

8.2 - The board of nonprofit organizations: some corporate governance thoughts from Europe

from 8 - The board of nonprofit organizations: law and practice

Published online by Cambridge University Press:  05 August 2011

By
Klaus J. Hopt
Edited by
Klaus J. Hopt  and
Thomas Von Hippel
Klaus J. Hopt
Affiliation:
Max Planck Institute for Comparative and International Private Law
Klaus J. Hopt
Affiliation:
Max-Planck-Institut für ausländisches und internationales Privatrecht, Germany
Thomas Von Hippel
Affiliation:
Max-Planck-Institut für ausländisches und internationales Privatrecht, Germany
Get access

Summary

Nonprofit organizations and corporate governance: an introduction from a European perspective

The state of the discussion in Europe

The preface to Volume 1 of the Non Profit Law Yearbook 2001 starts as follows:

Attention to the non-profit sector by legal scholars is still in its infancy in Germany. Although there has been a substantial increase in recent years in the number of publications by legal authors concerning the law dealing with associations and foundations, and also concerning the special provisions of tax law relating to institutions with charitable purposes, non-profit related research not focussed specifically on any particular legal form…is quite rare.

As far as can be seen, this diagnosis is true for many other European countries as well. Even less developed is the scientific dialogue on the regulatory problems of nonprofit organizations between the different disciplines, as shown, for example, by a conference at the Max Planck Institute for Private Law in Hamburg in 2003. This conference brought together academics and practitioners from law, economics, sociology, political science, history and psychology and was a kind of primer for the lawyers as well as others. For the comparative corporate governance discussion, the lacuna is even greater; this is hardly surprising since this discussion is relatively new for corporate law as well.

Type
Chapter
Information
Comparative Corporate Governance of Non-Profit Organizations , pp. 531 - 563
Publisher: Cambridge University Press
Print publication year: 2010

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

,Bucerius Law School, Institute for Foundation Law, Non Profit Law Yearbook 2001, Cologne 2002, p. VIIGoogle Scholar
Hopt, K. J., Hippel, T. and Walz, W. Rainer, eds., Nonprofit-Organisationen in Recht, Wirtschaft und Gesellschaft, Tübingen 2005
Hopt, K. J., Kanda, H., Roe, M. J., Wymeersch, E. and Prigge, S., eds., Comparative Corporate Governance – The State of the Art and Emerging Research, Oxford 1998
Hopt, K. J., “Comparative Company Law”, in Reimann, M. and Zimmermann, R., eds., The Oxford Handbook of Comparative Law, Oxford 2006, rev. paperback edn. 2008, pp. 1161Google Scholar
Hippel, T., Grundprobleme von Nonprofit-Organisationen, Tübingen 2007, pp. 14Google Scholar
Goldschmid, H. J., “The Fiduciary Duties of Nonprofit Directors and Officers: Paradoxes, Problems, and Proposed Reforms”, Journal of Corporation Law 1998, 631 at 638
Salamon, L. M.et al., eds., Global Civil Society: Dimensions of the Nonprofit Sector, Baltimore 1999
Hopt, K. J., Der Kapitalanlegerschutz im Recht der Banken, Munich 1975, pp. 15Google Scholar
Coing, H. and Wilhelm, W., eds., Wissenschaft und Kodifikation des Privatrechts im 19. Jahrhundert, vol. V, Geld und Banken, Frankfurt 1980, pp. 128
Hopt, K. J., “Modern Company and Capital Market Problems: Improving European Corporate Governance After Enron”, Journal of Corporate Law Studies 3 (2003) 221CrossRefGoogle Scholar
Hondius, F., “Trends and Developments of Foundation Law in Europe”, in Hopt, K. J. and Reuter, D., eds., Stiftungsrecht in Europa, Cologne 2001, p. 573 at pp. 578, 586Google Scholar
Vanderwarren, K. R., “Financial Accountability in Charitable Organizations: Mandating an Audit Committee Function”, 77 Chicago-Kent Law Review963 (2002) at 983Google Scholar
Mead, J., “Confidence in the Nonprofit Sector Through Sarbanes-Oxley-Style Reforms, Note”, 106 Michigan Law Review881 (2008) at 884Google Scholar
Steuber, E., “Corporate Governance bei Stiftungen – eine Frage der Kontrolle oder der Moral?” Deutsches Steuerrecht 2006, 1182
Henze, H., “Ein neuer Blick auf das ADAC-Urteil”, Non Profit Law Yearbook 2004, 17
Fischer, A., “Corporate Governance bei Stiftungen – von der Selbstverständlichkeit des Guten”, in Festschrift für Peter Böckli, Zurich 2006, p. 645Google Scholar
Hartnick, S., Kontrollprobleme bei Spendenorganisationen, Tuebingen 2007, p. 956Google Scholar
Hippel, T., Grundprobleme von Nonprofit-Organisationen, Tuebingen 2007, p. 689Google Scholar
Hopt, K. J., Walz, W. R., Hippel, T. and Then, V., eds., The European Foundation, A New Legal Approach, Cambridge 2006CrossRef
Revised Model Nonprofit Corporation Act, Chicago 1988
Guide to Nonprofit Corporate Governance in the Wake of Sarbanes-Oxley, 2005
Principles of the Law of Nonprofit Organizations – Discussion Draft April 6, 2006
Hough, A., McGregor-Lowndes, M. and Ryan, C., Theorizing About Board Governance of Nonprofit Organizations: Surveying the Landscape, Paper presented at the 34th Annual Conference of the Association for Research on Nonprofit Organizations and Voluntary Action, Washington DC, Nov. 17–19, 2005
Klausner, M. and Small, J., “Failing to Govern? The Disconnect Between Theory and Reality in Nonprofit Boards, and How to Fix it”, 3 Stanford Social Innovation Review 2005, 42Google Scholar
Chicago-Kent Law Review 963 (2002)
Hopt, K. J., “Company Law Modernization: Transatlantic Perspectives”, Rivista Delle Società 51 (2006) 906Google Scholar
Hofstetter, K. and Sprecher, T., eds., Swiss Foundation Code, Baselet al. 2005
Egger, P., “Der Swiss Foundation Code – ein Beitrag zur Selbstregulierung von Stiftungen”, in Richter, A. and Wachter, T., eds., Handbuch des Internationalen Stiftungsrechts, Angelbachtal, Baden-Baden, Basle, Vienna 2007, § 4 pp. 53Google Scholar
Riemer, H. M., “Corporate Governance-Richtlinien für Vereine und Stifungen aus juristischer Sicht”, Schweizer Juristenzeitung 102 (2006) 513 at 515Google Scholar
Kohl, H., “Ein ‘Foundation Governance Kodex’ – ein Gebot der Zeit?” in Kohl, J.et al., eds., Zwischen Markt und Staat, Gedächtnisschrift für Rainer Walz, Cologne 2008, 339Google Scholar
Hopt, K. and Leyens, P. C., “Board Models in Europe – Recent Developments of Internal Corporate Governance Structures in Germany, the United Kingdom, France, and Italy”, European Company and Financial Law Review 2004, 134
Rhinow, R., “Corporate Governance bei Nonprofit-Organisationen – ein dringendes Desideratum”, in Voggensperger, R. C., Bienek, H. J., Schneider, J. and Thaler, G. O., eds., Gutes Besser tun, Corporate Governance in Nonprofit-Organisationen, Bern et al. 2004, p. 11
Milhaupt, C. J. and Pistor, K., Law & Capitalism, Chicago and London 2008, pp. 69CrossRefGoogle Scholar
Mulligan, L. N., “What's Good for the Goose is not Good for the Gander: Sarbanes-Oxley-Style Nonprofit Reforms”, 105 Michigan Law Review 1981 (2007)Google Scholar
Mead, J., supra note 14, 106 Michigan Law Review 881 (2008) at 890
Mulligan, , supra note 52, 105 Michigan Law Review 1981 (2007) at 1996
Sprecher, T., “Neuerungen im schweizerischen Stiftungsrecht”, in P. Forstmoser, G. G. Zindel, T. Sprecher, S. Abegglen and J. Baer, Neuerungen im Schweizer Wirtschaftsrecht, Zurich 2007, p. 7Google Scholar
Rivista Delle Società 51 (2006)
Hopt, K. J. and Roth, M., in Hopt, K. J. and Wiedemann, H., eds., Grosskommentar zum Aktiengesetz, 4th edn., instalment 26, Berlin, New York 2006Google Scholar
Schiffer, K. J. and Behring, M., “Haftungserleichterungen für Stiftungsorganmitglieder und sonstige, ‘Helfer’?” Zeitschrift für Corporate Governance 2008, 70
Burgard, U., “Organhaftung in Verein und Stiftung”, in G. Krieger and U. H. Schneider, Handbuch Managerhaftung, Cologne 2007, § 6, pp. 107Google Scholar
Hüttemann, R. and Herzog, R., “Organhaftung bei Non Profit Organisationen”, Non Profit Law Yearbook 2006, 33
Kiethe, K., “Die Haftung des Stiftungsvorstands”, Neue Zeitschrift für Gesellschaftsrecht 2007, 810
Reuter, D., “Die Haftung des Stiftungsvorstands gegenüber der Stiftung, Dritten und dem Fiskus”, Nonprofit Law Yearbook 2002, 157
Schwintek, S., Vorstandskontrolle in Rechtsfähigen Stiftungen Bürgerlichen Rechts, Baden-Baden 2001, pp. 96Google Scholar
Hansmann, H., “Reforming Nonprofit Corporation Law”, 129 University of Pennsylvania Law Review497 (1981)CrossRefGoogle Scholar
Jakob, D., “Schutz der Stiftung – die Stiftung und ihre Rechtsverhältnisse im Widerstreit der Interessen”, in Hager, J., ed., Entwicklungstendenzen im Stiftungrecht, Baden-Baden 2008, p. 32CrossRefGoogle Scholar
Hopt, von Hippel and Walz eds., Rechnungslegung und Transparenz im Dritten Sektor, Cologne 2004
Kalss, S., “Die gemeinnützige Stiftung”, in: Studiengesellschaft für Wirtschaft und Recht ed., Das Recht der Non-Profit-Organisationen, Wien 2006, p. 207Google Scholar

Save book to Kindle

To save this book to your Kindle, first ensure no-reply@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×