Policy issues raised by for-profit spinoffs from professional associations : an evaluation of a recent AICPA initiative

William E. SHAFER, Dwight OWSEN

Research output: Journal PublicationsJournal Article (refereed)

2 Citations (Scopus)

Abstract

This paper provides an evaluation of the spinoff of a for-profit company from the American Institute of Certified Public Accountants (AICPA), a nonprofit professional association. The evaluation is based on a review of the literature on public policy issues surrounding organizational conversions from nonprofit to for-profit legal status. Many criticisms of this for-profit spinoff were voiced by professional leaders and accounting regulators, and we demonstrate that these criticisms are grounded in widely recognized policy principles relating to nonprofit conversions. The public policy issues raised by this study have implications for the governance of professional associations in all disciplines.
Original languageEnglish
Pages (from-to)181-195
Number of pages15
JournalJournal of Business Ethics
Volume42
Issue number2
DOIs
Publication statusPublished - Jan 2003
Externally publishedYes

Keywords

  • nonprofit governance
  • nonprofit organizations
  • professional associations
  • professionalism
  • public policy

Fingerprint Dive into the research topics of 'Policy issues raised by for-profit spinoffs from professional associations : an evaluation of a recent AICPA initiative'. Together they form a unique fingerprint.

  • Cite this