Hatfield, Patricia; Richtermeyer, Sandra; Webb, Shelly - In: Journal of Applied Management and Investments 3 (2014) 4, pp. 214-219
Nonprofit organizations (NPOs) develop an investment policy for the investing of net assets. The NPO literature is void of studies that explain why some NPOs invest conservatively while others invest aggressively. Recent literature has focused on the importance of revenue diversity for NPOs....