Comparative Corporate Governance of Non-Profit Organizations

    Research output: Contribution to journalJournal articleResearchpeer-review

    Abstract

    Based on the impressive work of Hopt and von Hippel (2010), I review the comparative corporate governance of non-profit organizations and propose topics for future research. There is evidence of agency problems in non-profit as well as for-profit organizations, but the governance mechanisms employed to address them are by necessity different. In the absence of important governance mechanisms like monitoring by external owners or performance based pay, other mechanisms like regulation, reputation and transparency come to the foreground. However, we have little systematic knowledge of the costs and benefits of alternative governance arrangements in non-profits, which provides a range of opportunities for future research.
    Based on the impressive work of Hopt and von Hippel (2010), I review the comparative corporate governance of non-profit organizations and propose topics for future research. There is evidence of agency problems in non-profit as well as for-profit organizations, but the governance mechanisms employed to address them are by necessity different. In the absence of important governance mechanisms like monitoring by external owners or performance based pay, other mechanisms like regulation, reputation and transparency come to the foreground. However, we have little systematic knowledge of the costs and benefits of alternative governance arrangements in non-profits, which provides a range of opportunities for future research.
    LanguageEnglish
    JournalEuropean Company and Financial Law Review
    Volume11
    Issue number1
    Pages15-30
    ISSN1613-2548
    DOIs
    StatePublished - 2014

    Cite this

    @article{f000c203c49345b2820c833348f0a44a,
    title = "Comparative Corporate Governance of Non-Profit Organizations",
    abstract = "Based on the impressive work of Hopt and von Hippel (2010), I review the comparative corporate governance of non-profit organizations and propose topics for future research. There is evidence of agency problems in non-profit as well as for-profit organizations, but the governance mechanisms employed to address them are by necessity different. In the absence of important governance mechanisms like monitoring by external owners or performance based pay, other mechanisms like regulation, reputation and transparency come to the foreground. However, we have little systematic knowledge of the costs and benefits of alternative governance arrangements in non-profits, which provides a range of opportunities for future research.",
    author = "Steen Thomsen",
    year = "2014",
    doi = "10.1515/ecfr-2014-0015",
    language = "English",
    volume = "11",
    pages = "15--30",
    journal = "European Company and Financial Law Review",
    issn = "1613-2548",
    publisher = "Walterde Gruyter GmbH",
    number = "1",

    }

    Comparative Corporate Governance of Non-Profit Organizations. / Thomsen, Steen.

    In: European Company and Financial Law Review, Vol. 11, No. 1, 2014, p. 15-30.

    Research output: Contribution to journalJournal articleResearchpeer-review

    TY - JOUR

    T1 - Comparative Corporate Governance of Non-Profit Organizations

    AU - Thomsen,Steen

    PY - 2014

    Y1 - 2014

    N2 - Based on the impressive work of Hopt and von Hippel (2010), I review the comparative corporate governance of non-profit organizations and propose topics for future research. There is evidence of agency problems in non-profit as well as for-profit organizations, but the governance mechanisms employed to address them are by necessity different. In the absence of important governance mechanisms like monitoring by external owners or performance based pay, other mechanisms like regulation, reputation and transparency come to the foreground. However, we have little systematic knowledge of the costs and benefits of alternative governance arrangements in non-profits, which provides a range of opportunities for future research.

    AB - Based on the impressive work of Hopt and von Hippel (2010), I review the comparative corporate governance of non-profit organizations and propose topics for future research. There is evidence of agency problems in non-profit as well as for-profit organizations, but the governance mechanisms employed to address them are by necessity different. In the absence of important governance mechanisms like monitoring by external owners or performance based pay, other mechanisms like regulation, reputation and transparency come to the foreground. However, we have little systematic knowledge of the costs and benefits of alternative governance arrangements in non-profits, which provides a range of opportunities for future research.

    U2 - 10.1515/ecfr-2014-0015

    DO - 10.1515/ecfr-2014-0015

    M3 - Journal article

    VL - 11

    SP - 15

    EP - 30

    JO - European Company and Financial Law Review

    T2 - European Company and Financial Law Review

    JF - European Company and Financial Law Review

    SN - 1613-2548

    IS - 1

    ER -