Not-for-profit organizations play a critical role in the American
economy. In health care, education, culture, and religion, we trust
not-for-profit firms to serve the interests of their donors,
customers, employees, and society at large. We know that such firms
don't try to maximize profits, but what do they maximize? This book
attempts to answer that question, assembling leading experts on the
economics of the not-for-profit sector to examine the problems of the
health care industry, art museums, universities, and even the medieval
church. Contributors look at a number of different aspects of
not-for-profit operations, from the problems of fundraising,
endowments, and governance to specific issues like hospital
advertising. The picture that emerges is complex and surprising. In
some cases, not-for-profit firms appear to work extremely well:
competition for workers, customers, and donors leads not-for-profit
organizations to function as efficiently as any for-profit firm. In
other contexts, large endowments and weak governance allow elite
workers to maximize their own interests, rather than those of their
donors, customers, or society at large. Taken together, these papers
greatly advance our knowledge of the dynamics and operations of
not-for-profit organizations, revealing the under-explored systems of
pressures and challenges that shape their governance.
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Produktdetaljer
ISBN
9780226297866
Publisert
2018
Utgave
1. utgave
Utgiver
Vendor
University of Chicago Press
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter