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Recent studies have demonstrated the importance of good management for firm performance. Here, we focus on management … in not-for-profits (NFPs). We present a model predicting that management quality will be lower in NFPs compared to for …-profits (FPs), but that outputs may not be worse if managers are altruistic. Using a tried and tested survey of management …
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This paper provides the first study of compensation and pay-for-performance for top executives at non-profit endowments and foundations. Using detailed IRS filings over the 2009-2017 period, we find that pay packages of Chief Investment Officers (CIOs) depend more heavily on bonuses than do...
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We develop a model where people differ in their altruistic preferences and can serve the public interest in two ways: by making donations to charity and by taking a public service job and exerting effort on the job. Our theory predicts that people who are more altruistic are more likely to take...
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"This book presents a comprehensive, step-by-step blueprint, complete with templates, tools, exercises, and clear implementation guides that ambitious executives and board members in any field of social impact can follow. It also provides new and actionable insights for funders, corporations,...
Persistent link: https://www.econbiz.de/10014437692
Nonprofits provide services for the common good and are having an increasing influence on the economy over time. There is consensus among prior studies in for-profit settings that social capital positively influences corporate financial performance. In contrast, this study analyzes the...
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