Comparative Corporate Governance of Non-Profit Organizations

Description

The economic importance of the non-profit sector is growing rapidly in the USA and Europe. However, the law has not kept abreast with its development. The European Court of Justice has extended certain freedoms of the EC Treaty to non-profit organisations, and more case law is expected to follow in the near future, but the observations, theories, solutions and legal and non-legal rules in this field are manifold. The chances of harmonising the law on a European level are slim. Despite these differences, a common core of international corporate governance problems and regulatory solutions can be seen. This volume of essays brings together a variety of international experts from both corporate governance and governance of non-profit organisations to compare the two areas and explore the lessons that can be learned regarding comparative corporate governance for non-profit organisations.

Klaus J. Hopt is Professor of Law and Director Emeritus at the Max Planck Institute for Comparative and International Private Law, Hamburg. Thomas Von Hippel is a project coordinator of several interdisciplinary and legal comparative research projects on non-profit organisations, foundations, taxation and philanthropy.