To Profit or Not to Profit: The Commercial Transformation of the Nonprofit Sector
Editorial Reviews
Review
'How can we explain the existence of organisations such as charities and voluntary agencies, which deliberately eschew profit-making? Burton Weisbrod has been in the forefront of the debate on this question, arguing that a combination of market failure and government failure in the provision of jointly consumed goods gives rise to a residual demand that can be met efficiently by the 'third sector'... the puzzles about non-profit behaviour are not just matters for economists. The role of the third sector is very much a matter for public-policy debate and political decision-making ... This book reminds us that pressures on the sector to expand its role can ultimately damage the very features that have made it so attractive to politicians in the first place - its ability to respond efficiently to the needs of society's most vulnerable and excluded members.' The Times Higher Education Supplement
Book Description
Nonprofit organizations are changing dramatically in the ways they are financed. They are becoming increasingly commercial, operating more like private firms. Far more is involved than the generation of revenue. As donations decline in importance and user fees and money-raising ancillary activities come to dominate, they bring side-effects on the social missions that justify public support. This book examines these little-recognized relationships for the overall nonprofit charitable sector and then focuses on each of six industries; important differences are found among hospitals, universities, social service providers, zoos, museums, and public broadcasting.
To Profit or Not to Profit: The Commercial Transformation of the Nonprofit Sector
To Profit or Not to Profit: The Commercial Transformation of the Nonprofit Sector,Kenneth J. Arrow,Burton A. Weisbrod,Cambridge University Press,0521785065,Business & Economics,Business / Economics / Finance,Business/Economics,Economics - General,Infrastructure,Nonprofit Organizations & Charities,Business & Economics / Economics / General,Microeconomics,Nonprofit organizations--United States--Finance--Congresses
Hot Books:
Recommended Books