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Attenuation of property rights 1 Crowding-out effect 1 Intrinsic motivation 1 Nonpecuniary utility 1 Pecuniary utility 1
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Valentinov, Vladislav 1
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Public Organization Review 1
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The Property Rights Approach to Nonprofit Organization: The Role of Intrinsic Motivation
Valentinov, Vladislav - In: Public Organization Review 7 (2007) 1, pp. 41-55
The standard property rights approach to nonprofit organization claims that attenuation of property rights in the form of nondistribution constraint stimulates managerial shirking in nonprofit firms and thereby makes them less efficient than for-profit firms. This paper argues that this view...
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