The need to identify the distinctive logic of the nonprofit sector, recently pronounced in the literature, gives rise to the need to substantiate links between the logics of different societal sectors. This paper seeks to identify links between the logics of for-profit and nonprofit sectors from...

The remarkable feature of the nonprofit sector is its astonishing diversity. This feature gets short shrift in the traditional market or governmental failure theories of the nonprofit sector. Drawing on Niklas Luhmann's concept of functional differentiation, we demonstrate that these theories...

This study examines the extent of downward auditor switches from Big 4 audit firms by nonprofit organizations (NPOs) after enactment of the Sarbanes-Oxley Act (SOX). Although SOX provisions do not directly apply to nonprofit organizations, capacity constraints and client realignments due to SOX...

Social enterprise is a form of corporate organization in which firms are empowered to distribute profits, but are also free to trade off profit for other socially beneficial ends. Benefit corporation statutes, the most popular form of social enterprise legislation, provide that social enterprise...

Many private institutions serving public purposes use volunteer work that they must disclose in their reports. In this paper, 315 public benefit organizations in Poland (PBOs) and 315 charities in the UK are analyzed using statistical methods. Differences in the level of disclosure and the...

This paper analyzes adjustment mechanisms for philanthropic organizations in a downturn. In the global philanthropic community, the current economic context and the difficulty to make sense of it have led donors to review their activities. In the 2008 recession, many foundation endowments have...

Many philanthropists seek to exercise leadership on issues they are passionate about. But their resources are limited when compared to the public sector and the magnitude of social needs. To create impact, philanthropists must respond effectively to the complexity of the problems they seek to...

Many philanthropists seek to exercise leadership on issues they are passionate about. But their resources are limited when compared to the public sector and the magnitude of social needs. To create impact, philanthropists must respond effectively to the complexity of the problems they seek to...

This paper is written in Spanish. Many philanthropists seek to exercise leadership on issues they are passionate about. But their resources are limited when compared to the public sector and the magnitude of social needs. To create impact, philanthropists must respond effectively to the...

This paper is written in Portuguese. Many philanthropists seek to exercise leadership on issues they are passionate about. But their resources are limited when compared to the public sector and the magnitude of social needs. To create impact, philanthropists must respond effectively to the...