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The decision to demutualise : an analysis of the pressures for change. The case of life insurers in Australia and South Africa a comparative perspective
conference contribution
posted on 2010-01-01, 00:00 authored by Monica KeneleyMonica Keneley, G VerhoefSince the 1980s a wave of demutualisations have occurred across a range of industries from stock exchanges to building societies, savings and loans associations and insurers. In both Australia and South Africa this has had a marked effect on the life insurance markets which had been dominated by mutual life insurers for 150 years. This paper adopts a case study approach to analyse the key drivers of organisational change. It examines the experiences of the Australian Mutual Provident (Australia’s oldest and largest life insurance mutual) and Sanlam (the second largest mutual life office in South Africa) as they proceeded down the path to demutualisation. It suggests a complex array of factors combined to place pressure on the existing mutual structures.
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Event
Accounting History International Conference (6th : 2010 : Wellington, New Zealand)Pagination
1 - 35Publisher
Victoria University of WellingtonLocation
Wellington, New ZealandPlace of publication
Welington, New ZealandStart date
2010-08-18End date
2010-08-20Language
engPublication classification
E1 Full written paper - refereedTitle of proceedings
Accounting and the State : Proceedings of the sixth Accounting History International ConferenceUsage metrics
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