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How Nonprofit Organizations Manage Risk

In: Paid and Unpaid Labour in the Social Economy. An International Perspective

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  • Dennis R. Young

    (Andrew Young School of Policy Studies)

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    Abstract

    The purpose of this essay is to identify the kinds of decisions where nonprofit organizations need to manage their risks in a strategic fashion, to review what we know about how they approach these decisions, and to offer a conceptual framework that nonprofits can use to develop a more sophisticated and effective approach to their risk management decisions in the future. For various reasons, nonprofits have not taken a sufficiently robust view of risk management, A simple framework is presented to address the risk-related decisions of nonprofits in a strategic fashion, with a view to inspire fuller attention to risk management in the nonprofit academic literature and in professional forums.

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    File URL: http://link.springer.com/chapter/10.1007/978-3-7908-2137-6_3
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    This chapter was published in:

  • Marco Musella & Sergio Destefanis (ed.), 2009. "Paid and Unpaid Labour in the Social Economy. An International Perspective," AIEL Series in Labour Economics, AIEL - Associazione Italiana Economisti del Lavoro, number 03.
    This item is provided by AIEL - Associazione Italiana Economisti del Lavoro in its series AIEL Series in Labour Economics with number 03-03.

    Handle: RePEc:ail:chapts:03-03

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    Web page: http://www.aiel.it/
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    Keywords: nonprofit institutions; risk management; decision making.;

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