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Entrepreneurs who start new firms may choose not-for-profit status as a means of committing to soft incentives. Such incentives protect donors, volunteers, consumers and employees from ex post expropriation of profits by the entrepreneur. We derive conditions under which completely...
Persistent link: https://www.econbiz.de/10013216495
non-profits will often evolve into organizations that resemble workers' cooperatives. The primary check on this tendency …
Persistent link: https://www.econbiz.de/10012469793
Building on the transaction cost theory of the for-profit firm, the article argues that the transaction cost-economizing role of the nonprofit firm has two distinct dimensions. One of them consists of reducing the cost of searching for, processing, and communicating information and the other...
Persistent link: https://www.econbiz.de/10012127768
Entrepreneurs who start new firms may choose not-for-profit status as a means of committing to soft incentives. Such incentives protect donors, volunteers, consumers and employees from ex post expropriation of profits by the entrepreneur. We derive conditions under which completely...
Persistent link: https://www.econbiz.de/10012472003
non-profits will often evolve into organizations that resemble workers' cooperatives. The primary check on this tendency …
Persistent link: https://www.econbiz.de/10014115784
non-profits will often evolve into organizations that resemble workers' cooperatives. The primary check on this tendency …
Persistent link: https://www.econbiz.de/10013227489
literature to make the case for the tendency of social capital resources of agricultural cooperatives in the Western world to …-making calculus. Cooperatives are shown to present one of the channels through which this codification may be possible; namely, the … codification effect of cooperatives enables the incorporation of a multitude of mutual self-help activities into the economic …
Persistent link: https://www.econbiz.de/10012652937
Persistent link: https://www.econbiz.de/10012663739
Purpose This study aims to highlight the importance of intellectual capital (IC) for the operation of waqf (Islamic endowment) institutions, as few studies have discussed this issue in relation to non-profit religious organisations, particularly waqf organisations. Consequently, this study hopes...
Persistent link: https://www.econbiz.de/10012286892
Persistent link: https://www.econbiz.de/10013396437