We investigate whether nonprofit and for-profit entrepreneurs share similar observable and unobservable skills. In JLE 23:649-680, 2005 "Jacks-of-all-Trades" model of entrepreneurship, individuals with more diverse academic and occupational training are more likely to become entrepreneurs, while...

This paper's purpose is to compare nonprofits with pass-throughs in terms of valuation, leverage, and growth. To achieve this purpose, we use the Capital Structure Model. This model determines maximum firm valuation through incorporating real data (tax rates, credit spreads, and historical...

This article contains main trends, assumptions and thesis about the social economy in Poland, which the author agree with. The main goal of it, is to bring together fundamental facts depicting the situation of the social economy in Poland (in theory and in practice) with the conditions that must...

The objective of this paper is to analyse and identify patterns of international entrepreneurial activity of social purpose organizations. The article utilizes international social entrepreneurship literature to develop an understanding of the international activity of social entrepreneurs and...

Socio-economic and political changes after November 1989 have strongly influenced Slovak society, with impacts being observed on almost all areas of economic, political, social and public life. Highly intensive development of the so-called “third sector” has been among these factors. A new...

The relationship between many G20 governments and organized civil society has become more complex, laden with tensions, and such that both have to find more optimal modes of engagement. In some instances, state-civil society relations have worsened, leading some experts and activists to speak of...

Due to the influence of numerous factors that make it difficult to find the innovative solutions to social and environmental problems that social enterprises deal with, there is a need for a joint action of social enterprises, both with each other and with other actors operating in their...

Microfinance is the provision of financial services to disadvantaged people and the financially excluded, often with a social mission of poverty alleviation and women empowerment. There are many different forms of microfinance institutions (MFIs): for-profit, not-for-profit and state-owned, all...

In this work we analyse to what degree the efficiency of a publicly owned non-monopolistic enterprise improves as a result of the introduction of strategic organizational reforms consisting of adopting "private-firm-like" management practices, criteria, and governance structure; i.e....

This paper uses data envelopment analys is to investigate the extent to which universities in the United States have undergone productivity and efficiency changes, partly due to managerial performance, during the 2005-09 academic years. Using panel data for 133 research and doctoral...