[GOAL] Re: Predatory publishing - 'non profit'

[brentier at ulg.ac.be]

It is the same in non-anglo-USA law, everywhere, I believe. 

B. Rentier

> Le 10 sept. 2015 à 15:32, Gavin Moodie <gavin.moodie at rmit.edu.au> a écrit :
> 
> At least in Anglo-USA law a for profit organisation is one which is authorised to distribute surpluses to its owners, whereas a 'non profit' organisation is not so authorised and must allocate any surplus to the purposes for which it was established. 
> 
> Thus a '(non) profit' organisation is not defined by whether it generates profits, but by its ability to allocate any profit.
> 
> Gavin
> 
> 
> Gavin Moodie, PhD
> Adjunct Professor in the Department of Leadership, Higher, and Adult Education
> OISE, University of Toronto
> 
> Adjunct professor of education at RMIT University, Australia
> 
> 22 Sussex Avenue
> Toronto, ON, M5S 1J5
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> 
> On Thu, Sep 10, 2015 at 8:52 AM, Graham Triggs <grahamtriggs at gmail.com> wrote:
>>> On 10/09/2015 11:37:02, Nicolas Pettiaux <nicolas at pettiaux.be> wrote:
>>> 
>>> What about the idea : research published only non profit OA journals should be taken into account.
>>> 
>>> Wouldn't this push the predatory OA journals by competition out of business ?
>>> 
>> 
>> Well, first, try and define what your criteria for a "non profit" OA journal is.
>> Even a genuine declared non-profit journal would run profits in some years, due to the need to potentially cover shortfalls in others. The reality is you would be aiming for a modest profit, which would then be subsequently re-invested in future years.
>> But regardless of your criteria, profit is just income - costs... and it would be fairly easy for a "predatory" journal to hide it's profit by paying another company some vastly inflated sum for a bunch of services. The journal isn't making any money itself, but it all flows through the chain.
>> G
>> 
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