TY  - JOUR
AB  - Purpose The purpose of this paper is to analyse nonprofit regulation through comparing and contrasting mutual-benefit and public-benefit entities. It ascertains how these entities differ in size, publicness, tax benefits and whether these differences might suggest regulatory costs should be differentiated.Design/methodology/approach This mixed-methods study utilises financial data, submissions and interviews.Findings There are stark differences in these two types of regulated nonprofit entities. Members should be the primary monitoring agency/ies for mutual-benefit entities, but financial reports should be understandable to these members. Nevertheless, the availability of tax concessions, combined with the benefits of limited liability, suggest mutual-benefit entities should be regulated and monitored by government in a way sympathetic to their size.Research limitations/implications As with most research, a limitation is this study’s focus on a single jurisdiction.Practical implications The differences in these entities’ characteristics are important for designing regulation.Social implications Better regulation is likely to require a standard set of financial reporting standards. Government has the right to demand disclosures due to benefits mutual-benefit entities enjoy.Originality/value In comparison to studies utilising only public-benefit data, this study uses unique data sets to compare public-benefit and mutual-benefit entities and presents nonprofit sector participant’s perceptions of these differences in context. This enables analysis of how better regulation could be achieved.
VL  - 31
IS  - 3
SN  - 1096-3367
DO  - 10.1108/JPBAFM-12-2018-0148
UR  - https://doi.org/10.1108/JPBAFM-12-2018-0148
AU  - Cordery Carolyn
AU  - Sim Dalice
PY  - 2019
Y1  - 2019/01/01
TI  - Regulatory reform: distinguishing between mutual-benefit and public-benefit entities
T2  - Journal of Public Budgeting, Accounting & Financial Management
PB  - Emerald Publishing Limited
SP  - 431
EP  - 450
Y2  - 2024/09/26
ER  -