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Not-for-profit organizations play a critical role in the American economy. In health care, education, culture, and religion, we trust not-for-profit firms to serve the interests of their donors, customers, employees, and society at large. We know that such firms don't try to maximize profits, but what do they maximize? This book attempts to answer that question, assembling leading experts on the economics of the not-for-profit sector to examine the problems of the health care industry, art museums, universities, and even the medieval church. Contributors look at a number of different aspects of not-for-profit operations, from the problems of fundraising, endowments, and governance to specific issues like hospital advertising. The picture that emerges is complex and surprising. In some cases, not-for-profit firms appear to work extremely well: competition for workers, customers, and donors leads not-for-profit organizations to function as efficiently as any for-profit firm. In other contexts, large endowments and weak governance allow elite workers to maximize their own interests, rather than those of their donors, customers, or society at large. Taken together, these papers greatly advance our knowledge of the dynamics and operations of not-for-profit organizations, revealing the under-explored systems of pressures and challenges that shape their governance.
Nonprofit organizations --- Nonprofit organizations. --- Management --- Corporations, Nonprofit --- Non-profit organizations --- Non-profit sector --- Non-profits --- Nonprofit sector --- Nonprofits --- Not-for-profit organizations --- NPOs --- Organizations, Nonprofit --- Tax-exempt organizations --- Associations, institutions, etc. --- E-books --- nonprofit, charity, business, fundraising, management, organization, governance, endowments, advertising, marketing, healthcare, museum, university, religion, church, competition, efficiency, workforce, labor, hospital, ownership, capital, hmo, compensation structures, industry, firm behavior, medieval, history, nonfiction, success.
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In the Interest of Others develops a new theory of organizational leadership and governance to explain why some organizations expand their scope of action in ways that do not benefit their members directly. John Ahlquist and Margaret Levi document eighty years of such activism by the International Longshore and Warehouse Union in the United States and the Waterside Workers Federation in Australia. They systematically compare the ILWU and WWF to the Teamsters and the International Longshoremen's Association, two American transport industry labor unions that actively discouraged the pursuit of political causes unrelated to their own economic interests. Drawing on a wealth of original data, Ahlquist and Levi show how activist organizations can profoundly transform the views of members about their political efficacy and the collective actions they are willing to contemplate. They find that leaders who ask for support of projects without obvious material benefits must first demonstrate their ability to deliver the goods and services members expect. These leaders must also build governance institutions that coordinate expectations about their objectives and the behavior of members. In the Interest of Others reveals how activist labor unions expand the community of fate and provoke preferences that transcend the private interests of individual members. Ahlquist and Levi then extend this logic to other membership organizations, including religious groups, political parties, and the state itself.
Labor unions --- Labor movement. --- Political activity. --- ILWU leaders. --- ILWU members. --- International Brotherhood of Teamsters. --- International Longshore and Warehouse Union. --- International Longshoremen's Association. --- Maritime Union of Australia. --- Waterside Workers' Federation. --- activist unions. --- aggregate behavior. --- altruism. --- business unions. --- cooperation. --- economic opportunities. --- economism. --- equilibrium selection. --- ethnic divisions. --- governance arrangements. --- governance equilibrium. --- governance. --- ill-formed beliefs. --- individual members. --- industrial efficacy. --- information acquisition. --- internal heterogeneity. --- international trade. --- labor organization. --- labor unions. --- leadership rents. --- members. --- membership organizations. --- national-level organizations. --- nationalist groups. --- organization governance. --- organizational governance. --- organizational leaders. --- organizational leadership. --- organizational norms. --- political activism. --- political beliefs. --- political causes. --- political commitments. --- political mobilization. --- political opinions. --- religious divisions. --- selective incentives. --- self-selection. --- social justice. --- social networks. --- solidarity. --- state-building. --- trade liberalization. --- trade restrictions. --- union activities. --- union activity. --- union leaders. --- union. --- unions. --- volunteering.
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