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Persistent link: https://www.econbiz.de/10003356182
This article explores the federal securities law status of financial interests in for-profit social enterprise entities. When analyzed through the lens of the Securities Act of 1933 and the Securities Exchange Act of 1934, financial interests in social enterprise businesses raise both concerns...
Persistent link: https://www.econbiz.de/10013082802
Nonprofit banks in the U.S. are primarily organized as credit unions (CUs) and have grown steadily over the last two decades, increasing their share of total lending to U.S. households. This paper studies the economic effects of banking with CUs using consumer credit report data merged to...
Persistent link: https://www.econbiz.de/10013405679
We find robust evidence which indicates that nonprofit donors incorporate third party rating information into their … rating organizations and over 12,000 unrated control firms, we find that rated organizations have significantly higher direct … consistency across the three rating agencies, supporting the notion that noisy signals are valued less by donors …
Persistent link: https://www.econbiz.de/10013047454
ratios by monitors and donors. It also reviews some current efforts to educate donors and to change charity monitor rating …
Persistent link: https://www.econbiz.de/10014360842
How does the environment of an organization influence whether workers voluntarily provide effort? We study the power relationship between a non-profit unit (e.g. university department, NGO, health trust), where workers care about the result of their work, and a bureaucrat, who supplies some...
Persistent link: https://www.econbiz.de/10003755507
We study contestability in non-profit markets when non-commercial providers supply a homogeneous collective good through increasing-returns-to-scale technologies. Unlike in the case of for-profit competition, in the non-profit case the absence of price-based sales contracts means that fixed...
Persistent link: https://www.econbiz.de/10010418091
In the absence of clear and acceptable measures for outcomes, the budget is probably the most important managerial tool for nonprofits. Nevertheless many nonprofits operate without a budget at all, or with a limited version of a budget that is used solely for fundraising with no managerial role....
Persistent link: https://www.econbiz.de/10013138746
The Department of Labor (“DOL”) has recently increased its enforcement of the Fair Labor Standards Act (“FLSA”) against for-profit organizations that use unpaid-intern labor by using a six-part test to determine employment status. This recent effort explicitly excludes nonprofits and...
Persistent link: https://www.econbiz.de/10013114750
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