Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/87466 
Year of Publication: 
2011
Series/Report no.: 
Tinbergen Institute Discussion Paper No. 11-094/1
Publisher: 
Tinbergen Institute, Amsterdam and Rotterdam
Abstract: 
Recent studies have demonstrated the importance of good management for firm performance. Here, we focus on management in not-for-profits (NFPs). We present a model predicting that management quality will be lower in NFPs compared to for-profits (FPs), but that outputs may not be worse if managers are altruistic. Using a tried and tested survey of management practices, we find that NFPs score lower than FPs but also that, while the relationship between management scores and outputs holds for FPs, the same is not true for NFPs. One implication is that management practices that work for FPs may be less effective in driving performance in NFPs.
Subjects: 
not-for-profits
management
impure altruism
JEL: 
H8
J24
J45
L33
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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