The Australian not-for-profit and charitable sector is an important component in that country’s social capital. It delivers services and supports to some of the most vulnerable people in the community. However, up until recently, poor data sets related to the sector’s financial performance...

In Australia, directors, regardless of whether they serve a commercial or charitable company, or whether they are volunteers, have similar legal responsibilities and exposure to personal liability for unintentional mistakes. Indeed, the largest ever legal claim in Australia for a breach of...

Industries in which private nonprofit production is present and significant, such as health care and education, account for more than one-fifth of US economic activity. This paper argues that previous analysis of nonprofits has not separated profit-deviating preferences from the state-defined...

This paper argues that non-profit and for-profit organizations are coequal variants of the general concept of multifunctional organization. A more multifunctional view of an NPO’s or for-profit organization’s environment that does not systematically neglect religious, educational,...

Social enterprises have attracted increased attention from both researchers and practitioners around the world. In the social enterprise context, scaling social impact is considered the main currency or key performance metric. Two overarching social impact scaling strategies are organizational...

Corporations are under increasing pressure to serve social purposes beyond maximizing shareholder value. One of the best resources for businesses seeking to affect social change meaningfully is through working with, learning from, and partnering with nonprofits. Different approaches have been...

This essay demonstrates that social enterprise is not only the new tool for doing the usual business in an unusual way, but also the “magic bullet” for addressing some of the most precarious challenges especially in developing countries. Because unlike the conventional development narrative...

In 2006, the Japanese law of nonprofits underwent a major reform. Notably, the reform involved a shift in the governance mechanism from external governmental oversight to a structure that emphasizes internal fiduciary governance. As the Japanese law in this area has historically been marked by...

The purpose of this study is to determine how self-driven (intrinsic motivators) and monetary incentives (extrinsic motivators) are mediated by effort to affect fundraising outcomes. This integration sheds light on crowding out between the two types of incentives as well the drivers of...

Many factors including incentive-pay, powerful shareholders, and takeover threats push for-profits managers towards maximizing shareholder value. One of the most striking factors about non-profit firms is that they have no comparable governance institutions, and the only check on managers are...