APR 06 2011

Glaeser on Nonprofit Governance

Catholic Church, Edward Glaeser, Metropolitan Museum of Art, New York City, Non-profit organization, University of Chicago Press

Edward Glaeser’s book, The Governance of Not-for-Profit Organizations: National Bureau of Economic Research Conference Report (University of Chicago Press, 2006), explores the pressures and challenges affecting nonprofit governance.   Glaeser starts his book by asking, “What makes nonprofits different?”  He answers that nonprofits have (1) tax privileges, (2) nondistribution constraints (i.e., they cannot distribute profits), and (3) no owners.  He observes that these…

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