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In dependence of kind of realized mission, sensitivity on risk, which is a result of decision about liquid assets investment level and liquid assets financing. The kind of organization influence the best strategy choice. If an exposition on risk is greater, the higher level of inventories,...
Persistent link: https://www.econbiz.de/10013037695
The paper argues that the major existing economic theories of nonprofit organisation are most suitable to those nonprofits which are protecting and promoting private rather than public interests. These theories therefore do not offer an adequate explanation why some nonprofits do directly serve...
Persistent link: https://www.econbiz.de/10012752047
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...
Persistent link: https://www.econbiz.de/10012720624
Should mergers among nonprofi t organizations be assessed diff erently than mergers among for-profit firms? A recent debate in law and economics, boosted by apparently one-sided court decisions, has produced the result that promoting competition is socially valuable regardless of the particular...
Persistent link: https://www.econbiz.de/10014224953
The paper extends the transaction cost theory of nonprofit organisation by differentiating between two types of …
Persistent link: https://www.econbiz.de/10014053825
To study the coexistence of two different ownership forms within an industry, I develop a simple model of competition between one forprofit and one nonprofit firm. The two firms have different objectives and face different constraints due to their choice of ownership status. Assuming...
Persistent link: https://www.econbiz.de/10014061376
This work shows some aspects of the relation between for-profits and nonprofits hospitals in the realm of the Brazilian National Health System (SUS). We emphasize the for-profit and not-for-profit orientations of the hospitals rather than focusing on the usual private versus public dichotomy. By...
Persistent link: https://www.econbiz.de/10014069367
Integrating many different elements from the main theories about nonprofit organizations, we define a model that leads to new results for the economic rationale of nonprofit firms. Specifically, we examine the conditions under which these firms can provide efficient levels of production in...
Persistent link: https://www.econbiz.de/10014035561
The for-profit hospital is in the minority numerically in all developed countries. Although the for-profits' market share has been quite stable for decades, for-profit chains have grown in share and influence in the United States. By contrast, for-profit chains have made few inroads in other...
Persistent link: https://www.econbiz.de/10014024184
competing for donations in the fundraising market. Our aim is to investigate the impact of publicly available contract … information on fundraising competition of nonprofit organizations. We argue that, although such provision makes contract … organizations are trapped in a situation of excessive fundraising activities. However, we show that publicly available contract …
Persistent link: https://www.econbiz.de/10014351943