Linearity and separability assumptions are pervasive in most not-for-profit governance and performance measurement systems. In this paper, we employ both parametric and nonparametric econometric methodologies to test the linearity and separability assumptions using data collected from the...

This paper investigates theoretically and empirically the effects of competition for donors on the behavior of non-profit organizations. Theoretically, we consider a situation in which non-profit organizations use donations to produce some commodity, but the use of donations is only partially...

This paper investigates the extent to which nonprofits have websites and how they are used. Our empirical analyses of 1,000 nonprofit organizations indicates substantial differences in website presence and use among mission categories - conservation related, arts and cultural, religious civil...

The paper present the nonprofit entities accounting regulation in Italy and in Spain in an European perspective. After a presentation of activities of nonprofit entities and difference in their governance, the paper presents the accounting regulation for nonprofit entities in Italy...

This paper reviews the relationship between Labour's economic policy and the third sector. Since 1997, the third sector has received significant government support and has gradually moved from the economic periphery towards the centre such that it is now instrumental in the delivery of a range...

Global mega-trends are rearranging social reality. They affect formal contexts, individual identities, and group dynamics on a scale that seems historically unprecedented. We often look to people in positions of formal authority for the necessary leadership to steer groups and organizations...

We study the conditions under which it is rational for a representative entrepreneur to start a nonprofit firm. Taking as point of departure a model of entrepreneurial choice proposed by Glaeser and Shleifer (2001), we analyze consequences of weak enforcement of the non-distribution constraint...

In an incomplete contract setting, we analyze the contracting out of public service provision, comparing the performance of for-profit and not-for-profit firms (NPs). Two institutional arrangements are considered, with control rights lying either with the firm (quot;PPPquot;) or the government...

The law on nonprofit directors' obligations is sparse. Nevertheless, in recent years nonprofit directors have faced increased scrutiny. This article explores this increased scrutiny and sheds light on the development of North Carolina nonprofit law as it pertains to directors' duties. North...

In a wide variety of settings, individuals target round-numbered thresholds, relaxing effort when they are out of reach. By examining nonprofits' propensity to cut expenses relative to the attainability of the zero-profit threshold, I show that this phenomenon occurs in nonprofits as well. I...