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The Governance of Not-for-Profit Organizations
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The Governance of Not-for-Profit Organizations

Edward L. Glaeser

Abstract

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 do not try to maximize profits, but what do they maximize? This book attempts to answer that question, assembling 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-f ... More

Keywords: American economy, health care, education, culture, religion, donors, customers, employees, society, not for profit

Bibliographic Information

Print publication date: 2003 Print ISBN-13: 9780226297859
Published to Chicago Scholarship Online: February 2013 DOI:10.7208/chicago/9780226297866.001.0001

Authors

Affiliations are at time of print publication.

Edward L. Glaeser, editor

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Contents

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Introduction

Edward L. Glaeser

1 Ownership Form and Trapped Capital in the Hospital Industry

Henry Hansmann, Daniel Kessler, and Mark McClellan

2 Does Governance Matter?

Sharon Osterand and William N. Goetzmann

5 A Renaissance Instrument to Support Nonprofits

Jonathan Katz Nelson and Richard J. Zeckhauser

6 Theories of Firm Behavior in the Nonprofit Sector

Anup Malani, Tomas Philipson, and Guy David

7 The Role of Nonprofit Endowments

Raymond Fisman and R. Glenn Hubbard