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Many factors including incentive-pay, powerful shareholders, and takeover threats push for-profits managers towards … maximizing shareholder value. One of the most striking factors about non-profit firms is that they have no comparable governance … institutions, and the only check on managers are boards that are themselves rarely responsible to anyone outside the firm. This …
Persistent link: https://www.econbiz.de/10013227489
This paper examines how the managerial labor market in nonprofit hospitals has adjusted to the negative income … pressures created by HMO penetration. Using a panel of about 1500 nonprofit hospitals over the period 1992 to 1996, we find that … objectives among not-for-profit hospitals. Boards appear to fire the managers that are least able to compete in the new …
Persistent link: https://www.econbiz.de/10013245306
This paper develops a simple framework for understanding the emergence of new organizational forms, such as socially responsible firms and social entrepreneurs, that embody the private sector's efforts to resolve problems that typically have been within the purview of government and traditional...
Persistent link: https://www.econbiz.de/10012954434
Nonprofit hospitals receive favorable tax treatment in exchange for providing socially beneficial activities. Extending … needy populations, nonprofit hospital mergers should be evaluated differently than mergers of for-profit hospitals. However …, this rationale rests upon the premise that nonprofit hospitals with greater market power provide more care to the needy. In …
Persistent link: https://www.econbiz.de/10012963743
Nonprofit charitable organizations are exempt from most taxes, including local property taxes, but U.S. cities and … appear to discourage nonprofit activity: a one percent higher PILOT rate is associated with 0.8 percent reduced real property …
Persistent link: https://www.econbiz.de/10013024508
The role of data analysis in communication, persuasion, and decision-making is discussed. Some problems with current … data-analysis practice are presented, including communication, complex models, large data bases, one-pass processing, rigid …
Persistent link: https://www.econbiz.de/10013243465
. This paper investigates the extent to which the preponderance of the nonprofit form in this industry might account for this …, and especially whether secular nonprofit hospitals reduce capacity more slowly than do other types of hospitals. We … changes in the capacity of for-profit, secular nonprofit, religious nonprofit, and public hospitals over the same period …
Persistent link: https://www.econbiz.de/10014115028
a firm donates to a non-profit, the grantee is more likely to comment on rules for which the firm has also provided a …
Persistent link: https://www.econbiz.de/10012906796
We present the first estimates of investment returns and distribution rates for U.S. non-profit endowment funds, based … on a comprehensive sample of 29,762 organizations drawn from Internal Revenue Service filings for 2009-2017. Non-profit …
Persistent link: https://www.econbiz.de/10012906799
Catholic churches in Renaissance Florence supported themselves overwhelmingly from the contributions of wealthy citizens. The sale of private chapels within churches to individuals was a significant source of church funds, and facilitated a church construction boom. Chapel sales offered three...
Persistent link: https://www.econbiz.de/10013218302