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    The Governance of Not-for-Profit Organizations
    The Governance of Not-for-Profit Organizations
    The Governance of Not-for-Profit Organizations
    Ebook242 pages5 hours

    The Governance of Not-for-Profit Organizations

    By Edward L. Glaeser

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    About this ebook

    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 under-explored systems of pressures and challenges that shape their governance.
    LanguageEnglish
    PublisherUniversity of Chicago Press
    Release dateNov 1, 2007
    ISBN9780226297866
    The Governance of Not-for-Profit Organizations

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