We extend the performance comparison study of nonprofits (NPs) and pass-throughs by examining large NPs and large C corporations (CCs). Unlike that study, we also examine performance outcomes under two different tax shield policies. We use the Capital Structure Model as our main methodology. Our...

Social media use plays an important role in shaping individuals' social attitudes and economic behaviours. One of the first well-known examples of social media campaigns is the Ice Bucket Challenge (IBC), a charity campaign that went viral on social media networks in August 2014, aiming to...

When war broke out in Eastern Ukraine in 2014, the government of Ukraine failed to provide adequate defense to maintain its territorial integrity. In the wake of this government failure, several private volunteer efforts arose to meet popular demand for military action against Russian-backed...

This paper studies the effects of the coronavirus pandemic on the U.S. nonprofit sector. Using a difference-in-differences framework, we leverage variation in the timing of charities’ fiscal years, finding that government intervention helped keep charities afloat during the pandemic. On...

In this research note, we describe a sequential mixed methods research study used to uncover the factors contributing to nonprofit board performance, which we conducted in the context of Singapore. A qualitative study generated an initial framework for board performance that was evaluated but...

As a religious country, the people's faith has influenced business behavior and actions. Some residents view their religion as a culture, way of life, trust-currency, and/or a segregation index. Previous studies have analyzed and attributed corruption in Nigeria as the primary cause of the...

The U.S. has two systems of funding research at universities—a public one of Congressional appropriations and a private “submerged state” involving nonprofit funders subsidized by taxpayers. Here we examine the case of biomedical research and demonstrate that the “submerged state” can...

The public sector often has to initially provide funding and centralized coordination to assist different social enterprises in an emerging industry that are expected to self-sustain and develop further afterwards. As the public sector gradually pulls its funding and centralized coordination,...

Using e-filed Form 990 data, I construct a novel measure of unrestricted cash windfalls to examine the outcomes associated with windfalls for nonprofit organizations (NPOs). The evidence suggests that NPOs that receive windfalls tend to focus more on program (i.e., mission-focused) spending and...