Comparative corporate governance of Non-Profit organizations

  • Hopt K
  • Von Hippel T
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Abstract

This synthetic literature review briefly summarizes general literature on principalagent problems, then shows how this literature has been or can be adapted to look at nonprofit governance, accountability, and performance. It concludes with discussions of differences between agency problems in the for-profit and nonprofit sectors and difficulties in developing normative theories of accountability.

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Authors

  • Klaus J. Hopt

  • Thomas Von Hippel

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