Handbook Of Research On Nonprofit Economics And Management

Nonprofit organizations are arguably the fastest growing and most dynamic part of modern market economies in democratic countries. This book explores the frontiers of knowledge at the intersection of economics and the management of these entities. The authors review the role, structure and behavior of private, nonprofit organizations as economic units and their participation in markets and systems of public service delivery, assess the implications of this knowledge for the efficient management of nonprofit organizations and the formulation of effective public policy, and identify cutting-edge questions for future research.

Chapters address five broad categories of scholarship: development and management of the diverse economic resources supporting nonprofit organizations; market behavior of nonprofits; strategic economic decision-making; evaluation and performance of them; and impacts and implications of public policies affecting nonprofit organizations. Topics include: income diversification and crowd-out among income sources, paid and volunteer labor markets, competition and collaboration among nonprofits and for-profits, pricing and diversification of nonprofit products and services, performance measurement and regulation, contracting, franchising and federation practices, and government taxation and funding.

The book will help nonprofit scholars identify new areas of productive research, help practicing managers understand the underlying economics of their decision-making, and offer teachers and students a concise and penetrating view of key economic dimensions to managing nonprofit organizations.

Contents:

Foreword
James Alm

Introduction: The Frontiers of Economics and Nonprofit Management Research
Bruce A. Seaman and Dennis R. Young

1. Income Diversification
Cyril F. Chang and Howard P. Tuckman

2. Revenue Interactions: Crowding Out, Crowding In, Or Neither?
Daniel Tinkelman

3. Distribution Policies of Private Foundations
Richard Sansing

4. Capital Formation
Robert J. Yetman

5. Asset Composition
Woods Bowman

6. Collaboration versus Competition in the Third Sector
Renée A. Irvin

7. Markets with Competition between For-profit and Nonprofit Firms
Eleanor Brown

8. Nonprofit Wages: Theory and Evidence
Anne E. Preston and Daniel W. Sacks

9. Modeling Nonprofit Behavior
Patricia Hughes and William Luksetich

10. Pricing Strategies
Bruce A. Seaman

11. Nonprofits and the Value of Risk Management
Martin F. Grace

12. Contracting Out
Salvatore Alaimo

13. Product Diversification and Social Enterprise
Sharon M. Oster

14. Internal Organization and Governance
Vladislav Valentinov

15. Franchises and Federations: The Economics of Multi-site Nonprofit Organizations
Dennis R. Young and Lewis Faulk

16. The Valuation of Volunteer Labor
Laura Leete

17. Assessing Nonprofit Performance
Joseph J. Cordes and Katherine Coventry

18. Social Accounting for Value Creation in Nonprofits
Laurie Mook and Femida Handy

19. Certification and Self-regulation of Nonprofits, and the Institutional Choice between Them
Andreas Ortmann and Jan Myslivecek

20. Federal Tax Policy
Michael Rushton

21. The Property Tax Exemption for Nonprofits
David L. Sjoquist and Rayna Stoycheva

22. Government Funding Policies
Stefan Toepler

Index