Nonprofits are not alike: The Role of Catholic and Protestant Affiliation
AbstractThere are no generally accepted results regarding the objectives, decisions, and economic outcomes of nonprofit organizations, as compared to for-profit or public firms. We posit that this inconclusiveness is due to a too broad definition of nonprofits and that different types of nonprofits exist. This conjecture is investigated by constructing a model in which nonprofits differ by religious affiliation and testing the resulting hypotheses on the observed behavior of German nonprofit hospitals. We find that Catholic and Protestant nonprofits adopt significantly different strategies in the market. This confirms our conjecture and the importance of religion for economic outcomes.
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Bibliographic InfoPaper provided by Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa in its series Working Papers - Economics with number wp2013_07.rdf.
Length: 39 pages
Date of creation: 2013
Date of revision:
Governance; Owner Objectives; Religious Organizations; Catholicism and Protestantism; Hospitals;
Find related papers by JEL classification:
- L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs
- L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
- Z12 - Other Special Topics - - Cultural Economics - - - Religion
- D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy
- I11 - Health, Education, and Welfare - - Health - - - Analysis of Health Care Markets
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