糖心Vlog

Journal board in the dark over 拢1m surplus

Keele-based title applied for charitable status after audit revealed assets

Published on
February 19, 2015
Last updated
June 10, 2015

A prominent journal accumulated a surplus of more than 拢1 million unbeknown to most of its board, a former board member has revealed.

The Sociological Review is one of the UK鈥檚 top sociology journals. The fees paid by Wiley-Blackwell for the rights to publish it led it to amass funds in excess of 拢1.2 million by 2013. However, according to Pnina Werbner, emeritus professor of anthropology at Keele University, she was unaware of this during her time on the board between 2008 and 2013.

鈥淚 repeatedly tried to find out how much was in the kitty, but it was suggested to me that if that was publicly stated, the university [Keele] might lay claim to it,鈥 she said.

She said it was not until incoming chair Mike Savage, a professor at the London School of Economics, hired an accountant in 2011 to audit the journal鈥檚 accounts that the size of the surplus came to light.

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The journal, which was launched in 1908, had been associated with and based at Keele since 1953, when its floundering owner, the Institute of Sociology, donated its library and papers to what was then the University College of North Staffordshire. After that, according to Professor Werbner, 鈥渆veryone assumed Keele owned the journal鈥, with the university 鈥渃overing its losses and paying [its] administrator鈥.

She said that the administrator remained on the university payroll even after the journal began to make a profit following its licensing to a commercial publisher in 1982. But the journal鈥檚 finances began to be handled separately, and the journal鈥檚 relations with Keele began to 鈥渟our鈥 as its sociology department 鈥渨ent into decline鈥, she said.

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Professor Werbner argued that the surplus should be 鈥渄evoted to building sociology up again at Keele鈥. However, according to David Shepherd, dean of humanities and social sciences at Keele, investigations revealed that, in fact, the university had 鈥渘o claim whatsoever to the journal鈥檚 financial assets or liabilities鈥.

Professor Savage told 糖心Vlog that since Keele academics had been in the minority on the journal鈥檚 board for 鈥渟everal decades鈥, the editorial board had decided that it should operate as an independent charity.

But Professor Shepherd denied Professor Werbner鈥檚 claim that Keele had not appeared even to want the journal, noting that it had 鈥渟ought and secured recognition of its valued historic connection with [the journal]鈥 by way of guaranteed representation on the charity鈥檚 board, continued funding of sociology at Keele and the continued presence at Keele of the journal鈥檚 office 鈥渙n a transparent commercial basis鈥.

He confirmed that this was worth between 拢100,000 and 拢200,000 a year to the university, and was ring-fenced for sociology.

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Professor Savage said that the journal had 鈥渁n ambitious plan鈥 to use its surplus to 鈥渂etter support the discipline of sociology, as well as the journal itself鈥. But he warned that tax liabilities might reduce that surplus 鈥渟ignificantly鈥 if the journal鈥檚 application for charitable status were rejected.

paul.jump@tesglobal.com

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