Comparing Swedish Foundations: a Carefully Negotiated Space Of
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Norway: Assessment by the EITI International Secretariat
EITI International Secretariat 15 April 2021 Validation of Requirement 2.5 – Norway: Assessment by the EITI International Secretariat EITI International Secretariat 1 Phone: +47 222 00 800 E-mail: [email protected] Twitter: @EITIorg www.eiti.org Address: Rådhusgata 26, 0151 Oslo, Norway Validation of Requirement 2.5 – Norway Assessment by the EITI International Secretariat Validation of Requirement 2.5 – Norway: Assessment by the EITI International Secretariat Contents 1. Summary ................................................................................................................................................. 2 2. Background ............................................................................................................................................. 2 3. Assessment of Requirement 2.5 on beneficial ownership .................................................................. 4 Annex A: Technical assessment ................................................................................................................ 6 1. Summary The International Secretariat’s assessment is that Norway has made “inadequate progress” in meeting the initial criteria for implementing Requirement 2.5 on beneficial ownership. Norway has enacted legislation to establish a publicly accessible ultimate beneficial ownership (UBO) registry. It will apply to all companies that apply for or hold a participating interest in exploration or production oil, gas or mining licenses. Regulations supplementing the act were subject to public -
Regulatory Reform in Norway
Regulatory Reform in Norway MARKETISATION OF GOVERNMENT SERVICES – STATE-OWNED ENTERPRISES © OECD (2003). All rights reserved. 1 ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT Pursuant to Article 1 of the Convention signed in Paris on 14th December 1960, and which came into force on 30th September 1961, the Organisation for Economic Co-operation and Development (OECD) shall promote policies designed: • to achieve the highest sustainable economic growth and employment and a rising standard of living in Member countries, while maintaining financial stability, and thus to contribute to the development of the world economy; • to contribute to sound economic expansion in Member as well as non-member countries in the process of economic development; and • to contribute to the expansion of world trade on a multilateral, non-discriminatory basis in accordance with international obligations. The original Member countries of the OECD are Austria, Belgium, Canada, Denmark, France, Germany, Greece, Iceland, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Turkey, the United Kingdom and the United States. The following countries became Members subsequently through accession at the dates indicated hereafter: Japan (28th April 1964), Finland (28th January 1969), Australia (7th June 1971), New Zealand (29th May 1973), Mexico (18th May 1994), the Czech Republic (21st December 1995), Hungary (7th May 1996), Poland (22nd November 1996), Korea (12th December 1996) and the Slovak Republic (14th December 2000). The Commission of the European Communities takes part in the work of the OECD (Article 13 of the OECD Convention). © OECD 2003 Permission to reproduce a portion of this work for non-commercial purposes or classroom use should be obtained through the Centre français d’exploitation du droit de copie (CFC), 20, rue des Grands-Augustins, 75006 Paris, France, tel. -
Norwegian Corporate Accounts
ARBEIDSNOTAT 15/15 WORKING PAPER NORWEGIAN CORPORATE ACCOUNTS - Documentation and quality assurance of SNF’s and NHH’s database of accounting and company information for Norwegian companies Endre Berner Aksel Mjøs Marius Olving SNF SAMFUNNS- OG NÆRINGSLIVSFORSKNING AS - er et selskap i NHH-miljøet med oppgave å initiere, organisere og utføre ekstern- finansiert forskning. Norges Handelshøyskole og Stiftelsen SNF er aksjonærer. Virksomheten drives med basis i egen stab og fagmiljøene ved NHH. SNF er ett av Norges ledende forskningsmiljø innen anvendt økonomisk administrativ forskning, og har gode samarbeidsrelasjoner til andre forsk-ningsmiljøer i Norge og utlandet. SNF utfører forskning og forsknings baserte utredninger for sentrale beslutningstakere i privat og offentlig sektor. Forskningen organiseres i programmer og prosjekter av langsiktig og mer kortsiktig karakter. Alle publikasjoner er offentlig tilgjengelig. SNF CENTRE FOR APPLIED RESEARCH AT NHH - is a company within the NHH group. Its objective is to initiate, organize and conduct externally financed research. The company shareholders are the Norwegian School of Economics (NHH)and the SNF Foundation. Research is carried out by SNF´s own staff as well as faculty members at NHH. SNF is one of Norway´s leading research environment within applied economic administrative research. It has excellent working relations with other research environments in Norway as well as abroad. SNF conducts research and prepares research-based reports for major decision-makers both in the private and -
Review of Uarctic's Legal Status
The following text on the purpose and status of the legal review of UArctic was shared with UArctic members for the 2018 Council meeting. Assessment and Review of the University of the Arctic’s Legal Status Task Force At the meeting in Québec City in December 2017, the members of UArctic’s Board of Governors agreed that for the purpose of contractual capacity, fundraising and liability, an evaluation of our legal basis was warranted. Thus, the Board agreed to create a Task Force to coordinate the evaluation. The members of the Task Force are Board members Frederik Paulsen (Task Force Chair), Jouko Niinimäki and Brian Rogers (Board Chair), and UArctic President Lars Kullerud. The Task Force, through its Chair, is to report on their findings in time for the Board meeting in December 2018 in Hanover, USA where the board may decide to recommend some changes to our legal status to the Council of UArctic. Aim & Limitations The aim of this work is to identify solutions that can help UArctic have a stronger position when it comes to contractual capacity, fundraising and liability. Any solutions finally recommended must ensure that UArctic as a membership organization shall remain as we know it today. This includes maintaining our mission, vision and values, types of membership, governance structure, etc. The tradition of keeping the majority of UArctic operations hosted by our members shall also be maintained. We hope to find a solution that enables UArctic to become a trusted, worthy recipient for donations, and that is, or has, a legal entity with the ability to deal with liabilities that do not alter any important aspect of the network. -
Masterthesis.PDF (1.078Mb)
Norwegian School of Economics Bergen, Fall 2017 Charities And Foundations In Norway A Legal And Financial Framework With Focus On The Olav Thon Foundation Torstein Sandaa-Johansen & Madina Kairova Supervisor: Guttorm Schjelderup Master thesis in financial economics NORWEGIAN SCHOOL OF ECONOMICS This thesis was written as a part of the Master of Science in Economics and Business Administration at NHH. Please note that neither the institution nor the examiners are responsible − through the approval of this thesis − for the theories and methods used, or results and conclusions drawn in this work. 2 Abstract This paper seeks to examine the history and usage of charities and foundations in Norway. The number of large foundations has been on the rise, along with the interest in the charitable sector. In its purity a philanthropic venture, the borderline philanthropic motivation behind some charity has been questioned because of the tax savings connected to using the organizational form foundation. Specifically, the case of the Olav Thon Foundation’s massive tax savings compared to the taxation of Olav Thon as a private individual has been used as an example. What is the impact of the increased use of charity through foundations on the Norwegian society? This paper examines the existing legal regulation and tax legislation on foundations and charity, to analyse how the Norwegian tax and legal system is equipped to handle the increased use of charity through foundations. What are the shortcomings and what are the potential sources of misuse? The examination has been done both by establishing a historic and theoretical background and a legal and taxational framework, and through analysing a relevant case in the transfer of the Olav Thon Group and much of Olav Thon’s private fortune to the Olav Thon Foundation. -
Rapporten Om Kommunenes Samhandling Med Frivillig Sektor
www.iris.no Svein Ingve Nødland, Nils Asle Bergsgard, Anett Bjelland og Einar Leknes Kommunenes samhandling med frivillig sektor Rapport IRIS - 2007/047 Prosjektnummer: 7252187 Prosjektets tittel: Kartlegging av kommunenes samhandling med frivillig sektor Oppdragsgiver(e): Kommunal- og regionaldepartementet Forskningsprogram: ISBN: 978-82-490-0517-8 Gradering: Åpen Stavanger, 27.04.2007 (Ståle Opedal) (Svein Ingve Nødland) Kvalitetssikrer Prosjektleder (Gottfried Heinzerling Direktør (Samfunns- og næringsutvikling) © Kopiering er kun tillatt etter avtale med IRIS eller oppdragsgiver. International Research Institute of Stavanger AS (IRIS) er sertifisert etter et kvalitetssystem basert på standard NS - EN ISO 9001 International Research Institute of Stavanger AS www.iris.no International Research Institute of Stavanger AS www.iris.no Forord Denne rapporten er utarbeidet på oppdrag av Kommunal- og regionaldepartementet. Departementet ønsket å se nærmere på kommunenes forhold til ulike typer av frivillig innsats. Rapporten består av to deler, en litteraturstudie med erfaringer fra Skandinavia om forholdet mellom kommunene og frivillig sektor og en kartlegging basert på et nettbasert spørreskjema sendt ut til ca 2700 respondenter i vel 250 kommuner. Hovedtyngden av arbeidet har vært på kartleggingen av hvordan samhandlingen med frivillig sektor er i norske kommuner. Utredningen er gjennomført av IRIS. Forsker Heidi Stavrum ved Telemarksforsking-Bø har gitt viktige grunnlagsbidrag til litteraturstudien. Vi vil med dette takke alle representanter -
Kommunenes Samhandling Med Frivillig Sektor
www.iris.no Svein Ingve Nødland, Nils Asle Bergsgard, Anett Bjelland og Einar Leknes Kommunenes samhandling med frivillig sektor Rapport IRIS - 2007/047 Prosjektnummer: 7252187 Prosjektets tittel: Kartlegging av kommunenes samhandling med frivillig sektor Oppdragsgiver(e): Kommunal- og regionaldepartementet Forskningsprogram: ISBN: 978-82-490-0517-8 Gradering: Åpen Stavanger, 27.04.2007 (Ståle Opedal) (Svein Ingve Nødland) Kvalitetssikrer Prosjektleder (Gottfried Heinzerling Direktør (Samfunns- og næringsutvikling) © Kopiering er kun tillatt etter avtale med IRIS eller oppdragsgiver. International Research Institute of Stavanger AS (IRIS) er sertifisert etter et kvalitetssystem basert på standard NS - EN ISO 9001 International Research Institute of Stavanger AS www.iris.no International Research Institute of Stavanger AS www.iris.no Forord Denne rapporten er utarbeidet på oppdrag av Kommunal- og regionaldepartementet. Departementet ønsket å se nærmere på kommunenes forhold til ulike typer av frivillig innsats. Rapporten består av to deler, en litteraturstudie med erfaringer fra Skandinavia om forholdet mellom kommunene og frivillig sektor og en kartlegging basert på et nettbasert spørreskjema sendt ut til ca 2700 respondenter i vel 250 kommuner. Hovedtyngden av arbeidet har vært på kartleggingen av hvordan samhandlingen med frivillig sektor er i norske kommuner. Utredningen er gjennomført av IRIS. Forsker Heidi Stavrum ved Telemarksforsking-Bø har gitt viktige grunnlagsbidrag til litteraturstudien. Vi vil med dette takke alle representanter -
Philanthropy and Collectivism – Grangiving Foundations in Norway
REPORT 2004:15 Håkon Lorentzen Philanthropy and collectivism – grangiving foundations in Norway © ISF 2004 Report 2004:15 Institute for Social Research Munthes gate 31 Postboks 3233 Elisenberg N-0208 Oslo www.socialresearch.no ISBN: 82-7763-203-7 ISSN: 0333-3671 Contents 1. Introduction .................................................................................. 5 2. Background................................................................................... 9 Concepts ................................................................................................. 9 Historical traits...................................................................................... 10 3. The history of foundations.......................................................... 15 4. Legal issues................................................................................. 19 State-controlled foundations................................................................. 22 5. Grantgiving foundations............................................................. 25 Empirical profile................................................................................... 25 Origins .................................................................................................. 28 6. Community foundations............................................................. 35 7. Roles, policies and visions.......................................................... 39 8. Current developments and emerging issues................................ 45 9. Conclusion................................................................................. -
Norway: Draft Assessment by the EITI International Secretariat
EITI International Secretariat 11 March 2021 Validation of Requirement 2.5 – Norway: Draft assessment by the EITI International Secretariat EITI International Secretariat 1 Phone: +47 222 00 800 E-mail: [email protected] Twitter: @EITIorg www.eiti.org Address: Rådhusgata 26, 0151 Oslo, Norway Validation of Requirement 2.5 – Norway Draft assessment by the EITI International Secretariat Validation of Requirement 2.5 – Norway: Draft assessment by the EITI International Secretariat Contents 1. Summary .................................................................................................................................................2 2. Background .............................................................................................................................................2 3. Assessment of Requirement 2.5 on beneficial ownership ..................................................................4 Annex A: Technical assessment ................................................................................................................6 1. Summary The International Secretariat’s preliminary assessment is that Norway has made “inadequate progress” in meeting the initial criteria for implementing Requirement 2.5 on beneficial ownership. Norway has enacted legislation to establish a publicly accessible ultimate beneficial ownership (UBO) registry. It will apply to all companies that apply for or hold a participating interest in exploration or production oil, gas or mining licenses. Regulations supplementing the -
Giving in Norway
Giving in Europe The state of research on giving in 20 European countries useho Ho ld • s • es C ri o e r t p t o o Barry Hoolwerf and Theo Schuyt (eds.) l r a y t t i i o r n a s h • • C B e s q on ue ati sts • Found Research on Giving in Norway The state of research on giving by households, corporations, foundations and charity lotteries to charitable organisations in Norway An ERNOP publication This publication is part of Giving in Europe. The state of research on giving in 20 European countries. The full publication is available at www.europeangiving.eu. An executive summary of the full publication can be found here and a two-pager summarising the quality of data and the preliminary (lower bound) estimations of giving in 20 countries can be found here. For more information, please also visit the ERNOP website at www.ernop.eu. Research on Giving in Norway Karl Henrik Sivesind87 Introduction on Giving Research in Norway Philanthropy has only in recent years become a significant force in society in Norway, and thereby also increasingly a research topic. Still, volunteering and non-market transactions are the primary way for the population to support nonprofit organisations. However, the share of the population that donates money is increasing as a result of an increasingly professional operation by fundraising organisations focusing on recruiting personal sponsors and regular donors. In addition, a number of large foundations have changed the foundational landscape since year 2000. Partly as a result of rich families and persons donating money to grant-making foundations in science, medicine, culture and arts, and partly as a result of conversion of mutual insurance companies and saving banks to limited companies, resulting in foundations representing the former mutual ownership. -
Nonprofit Incentive Structure
The Nonprofit Theory Revisited An Overview over the Third Sector and Its Prevailing Approaches May 2012, Rasmus Bøgh Holmen Content . Introduction . Categorization of Organizations in the Business Sector . The Nonprofit Landscape . The Theory of Demand for Nonprofits . The Theory of Supply for Nonprofits . Nonprofit Incentive Structure . Financing of Nonprofits . Conclusion Introduction: Background . My name is Rasmus Bøgh Holmen. I am an economist from University of Oslo with exchange periods at the University of Essex and University of Copenhagen. In addition, he has taken business at Oslo University College, as well as supplementary courses within economics and natural sciences at University of Oslo. I am an analyst at Menon Business Economics with earlier work experience, inter alia as an financial accountant at the Det Norske Veritas, an journalist at the E24.no and a seminar leader at the University of Oslo. This presentation is based on my master thesis ‘The Nonprofit Theory Revisited: The Advantages and Challenges for the Third Sector’ from February 2012. The thesis symbolized the end of 5-year integrated master degree within economics and econometric methods at the University of Oslo . I would like to thank my supervisor, professor Kjell Arne Brekke for useful guidance, productive feedback, fruitful discussions – and moreover – a good collaboration during the writing of my thesis. Introduction: Definitions . There is no consensus on which nonprofit definition to use among different authors. In my thesis and in this presentation, I generally choose to apply a broader definition for nonprofits, emphasizing the whole third sector; namely every organization outside the public sector that does not have profit maximization as the sole primer aim, excluding poorly governed forprofits. -
Norwegian Shipping in the 20Th Century Norway's Successful Navigation of the World's Most Global Industry
PALGRAVE STUDIES IN MARITIME ECONOMICS Stig Tenold Norwegian Shipping in the 20th Century Norway’s Successful Navigation of the World’s Most Global Industry Palgrave Studies in Maritime Economics Series Editors Hercules Haralambides Erasmus School of Economics Erasmus University Rotterdam Rotterdam, The Netherlands Elias Karakitsos EN Aviation & Shipping Research Ltd Athens, Greece Stig Tenold Department of Economics NHH – Norwegian School of Economics Bergen, Norway Palgrave Studies in Maritime Economics is a new, original and timely interdisciplinary series that seeks to be pivotal in nature and improve our understanding of the role of the maritime sector within port economics and global supply chain management, shipping finance, and maritime business and economic history. The maritime industry plays an increas- ingly important role in the changing world economy, and this new series offers an outlet for reviewing trends and developments over time as well as analysing how such changes are affecting trade, transport, the environ- ment and financial markets. Each title in the series will communicate key research findings, shaping new approaches to maritime economics. The core audience will be academic, as well as policymakers, regulators and international maritime authorities and organisations. Individual titles will often be theoretically informed but will always be firmly evidence- based, seeking to link theory to policy outcomes and changing practices. More information about this series at http://www.palgrave.com/gp/series/15187 Stig Tenold Norwegian Shipping in the 20th Century Norway’s Successful Navigation of the World’s Most Global Industry Stig Tenold Department of Economics NHH – Norwegian School of Economics Bergen, Norway Palgrave Studies in Maritime Economics ISBN 978-3-319-95638-1 ISBN 978-3-319-95639-8 (eBook) https://doi.org/10.1007/978-3-319-95639-8 Library of Congress Control Number: 2018952928 © The Editor(s) (if applicable) and The Author(s) 2019.