The Governance of Not-for-Profit Organizations (National Bureau of Economic Research Conference Report)

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9780226297880: The Governance of Not-for-Profit Organizations (National Bureau of Economic Research Conference Report)

Not-for-profit organizations play a critical role in the American economy, but little attention is paid to the pressures and challenges that affect their governance. We know such firms don’t try to maximize profits, but what do they maximize? 

The Governance of Not-for-Profit Organizations tackles that question head-on, assembling experts on the not-for-profit sector to examine the diverse and wide-ranging concerns of universities, art museums, health care providers—and even the medieval church. Contributors look at a number of different aspects of not-for-profit operations, from the problems of fundraising, endowments, and governance to specific issues like hospital advertising. The picture that emerges is complex and surprising—one in which some institutions function as efficiently as for-profit firms while others appear to be maximizing the interests of their elite workers, rather than those of their donors, customers, or society at large.

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Not-for-profit organizations play a critical role in the American economy. In health care, education, culture, and religion, we trust not-for-profit firms to serve the interests of their donors, customers, employees, and society at large. We know that such firms don't try to maximize profits, but what do they maximize?

This book attempts to answer that question, assembling leading experts on the economics of the not-for-profit sector to examine the problems of the health care industry, art museums, universities, and even the medieval church. Contributors look at a number of different aspects of not-for-profit operations, from the problems of fundraising, endowments, and governance to specific issues like hospital advertising.

The picture that emerges is complex and surprising. In some cases, not-for-profit firms appear to work extremely well: competition for workers, customers, and donors leads not-for-profit organizations to function as efficiently as any for-profit firm. In other contexts, large endowments and weak governance allow elite workers to maximize their own interests, rather than those of their donors, customers, or society at large.

Taken together, these papers greatly advance our knowledge of the dynamics and operations of not-for-profit organizations, revealing the underexplored systems of pressures and challenges that shape their governance.

About the Author:

Edward L. Glaeser is professor of economics at Harvard University and a research associate of the National Bureau of Economic Research. He is the editor of the Quarterly Journal of Economics and coauthor, with Alberto Alesina, of Fighting Poverty in the U.S. and Europe: A World of Difference.

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Book Description The University of Chicago Press, United States, 2006. Paperback. Book Condition: New. New edition. Language: English . Brand New Book. Not-for-profit organizations play a critical role in the American economy, but little attention is paid to the pressures and challenges that affect their governance. We know such firms don t try to maximize profits, but what do they maximize? The Governance of Not-for-Profit Organizations tackles that question headon, assembling experts on the not-for-profit sector to examine the diverse and wide-ranging concerns of universities, art museums, health care providers - and even the medieval church. Contributors look at a number of different aspects of not-for-profit operations, from the problems of fundraising, endowments, and governance to specific issues like hospital advertising. The picture that emerges is complex and surprising - one in which some institutions function as efficiently as for-profit firms, while others appear to be maximizing the interests of their elite workers, rather than those of their donors, customers, or society at large. Bookseller Inventory # AAH9780226297880

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Book Description The University of Chicago Press, United States, 2006. Paperback. Book Condition: New. New edition. Language: English . Brand New Book. Not-for-profit organizations play a critical role in the American economy, but little attention is paid to the pressures and challenges that affect their governance. We know such firms don t try to maximize profits, but what do they maximize? The Governance of Not-for-Profit Organizations tackles that question headon, assembling experts on the not-for-profit sector to examine the diverse and wide-ranging concerns of universities, art museums, health care providers - and even the medieval church. Contributors look at a number of different aspects of not-for-profit operations, from the problems of fundraising, endowments, and governance to specific issues like hospital advertising. The picture that emerges is complex and surprising - one in which some institutions function as efficiently as for-profit firms, while others appear to be maximizing the interests of their elite workers, rather than those of their donors, customers, or society at large. Bookseller Inventory # AAH9780226297880

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Book Description The University of Chicago Press, United States, 2006. Paperback. Book Condition: New. New edition. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. Not-for-profit organizations play a critical role in the American economy, but little attention is paid to the pressures and challenges that affect their governance. We know such firms don t try to maximize profits, but what do they maximize? The Governance of Not-for-Profit Organizations tackles that question headon, assembling experts on the not-for-profit sector to examine the diverse and wide-ranging concerns of universities, art museums, health care providers - and even the medieval church. Contributors look at a number of different aspects of not-for-profit operations, from the problems of fundraising, endowments, and governance to specific issues like hospital advertising. The picture that emerges is complex and surprising - one in which some institutions function as efficiently as for-profit firms, while others appear to be maximizing the interests of their elite workers, rather than those of their donors, customers, or society at large. Bookseller Inventory # BTE9780226297880

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