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Why Do Universities Have Endowments?

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  • Hansmann, Henry
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    Bibliographic Info

    Article provided by University of Chicago Press in its journal Journal of Legal Studies.

    Volume (Year): 19 (1990)
    Issue (Month): 1 (January)
    Pages: 3-42

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    Handle: RePEc:ucp:jlstud:v:19:y:1990:i:1:p:3-42

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    Cited by:
    1. Bolton, Patrick & Mehran, Hamid, 2006. "An introduction to the governance and taxation of not-for-profit organizations," Journal of Accounting and Economics, Elsevier, vol. 41(3), pages 293-305, September.
    2. Edward L. Glaeser & Andrei Shleifer, 1998. "Not-For-Profit Entrepreneurs," NBER Working Papers 6810, National Bureau of Economic Research, Inc.
    3. William N. Goetzmann & Sharon Oster, 2012. "Competition Among University Endowments," NBER Working Papers 18173, National Bureau of Economic Research, Inc.
    4. Caroline M. Hoxby, 2013. "Endowment Management Based on a Positive Model of the University," NBER Chapters, in: How the Financial Crisis and Great Recession Affected Higher Education National Bureau of Economic Research, Inc.
    5. Core, John E. & Guay, Wayne R. & Verdi, Rodrigo S., 2006. "Agency problems of excess endowment holdings in not-for-profit firms," Journal of Accounting and Economics, Elsevier, vol. 41(3), pages 307-333, September.
    6. Sansing, Richard & Yetman, Robert, 2006. "Governing private foundations using the tax law," Journal of Accounting and Economics, Elsevier, vol. 41(3), pages 363-384, September.
    7. Van Opstal, Wim & Deraedt, Eva & Gijselinckx, Caroline, 2009. "Monitoring Profile Shifts and Differences among Work Integration Social Enterprises in Flanders," MPRA Paper 16398, University Library of Munich, Germany.
    8. Robert C. Merton, 1991. "Optimal Investment Strategies for University Endowment Funds," NBER Working Papers 3820, National Bureau of Economic Research, Inc.
    9. Gentry, William M., 2002. "Debt, investment and endowment accumulation: the case of not-for-profit hospitals," Journal of Health Economics, Elsevier, vol. 21(5), pages 845-872, September.
    10. Keith C. Brown & Cristian Ioan Tiu, 2013. "The Interaction of Spending Policies, Asset Allocation Strategies, and Investment Performance at University Endowment Funds," NBER Chapters, in: How the Financial Crisis and Great Recession Affected Higher Education National Bureau of Economic Research, Inc.
    11. Connolly, Laura S., 1997. "Does external funding of academic research crowd out institutional support?," Journal of Public Economics, Elsevier, vol. 64(3), pages 389-406, June.
    12. Keith Brown & Cristian Tiu, 2013. "The Interaction of Spending Policies, Asset Allocation Strategies, and Investment Performance at University Endowment Funds," NBER Working Papers 19517, National Bureau of Economic Research, Inc.

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