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1.
This article investigates the role of government debt in the degree of excess sensitivity of private consumption to current disposable income. Because this type of excess sensitivity is generally attributed to liquidity constraints, this amounts to a test of the impact of government debt on the amount of credit extended to individuals. Controlling for financial liberalization we find that, for a panel of OECD countries in the 1990s, a high government debt leads to more excess sensitivity. This result supports the idea that a high government debt induces lenders to tighten credit conditions. Our findings survive several robustness checks.  相似文献   

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Nonprofit alliances have grown with a striking speed in recent decades. While researchers focus on why nonprofits build interorganizational partnerships, few discuss how such partnerships are terminated. Through a multiple case study of 13 nonprofit alliances that had been established in response to the 2008 Sichuan earthquake in West China, this study explores how nonprofit alliances were terminated and what caused their termination. Four patterns of alliance termination emerged out of our data analysis: failure at birth, planned termination, failed transition, and evolution into independent organizations. Four determinants were identified as accountable for alliance termination: political pressure, resource shortage, short-term orientation, and leadership failure.  相似文献   

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VOLUNTAS: International Journal of Voluntary and Nonprofit Organizations - While the impact of government interference to the religious domain has long been discussed in previous literature,...  相似文献   

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The paper is trying to examine the changes between rational and irrational charitable donation of Chinese listed corporations under the background that an increasing number of Chinese listed corporations register charity foundations in recent years. Considering corporate income tax ratio as a proxy for tax preference, whether products are exposed to consumers directly or indirectly, as well as gross profit margin, debt financing scale and debt maturity structure as proxies for the reputation effect and strategic advantage, the indicators of rational charitable donation consist of the five factors mentioned above; The indicator of irrational charitable donation is disposal accrued profits calculated by Extended Jones Model. By the regression of data of charitable donations from Chinese A listed corporations during the year from 2008 to 2013, findings show that the behavior of rational charitable donation is weakened gradually, while, in contrast, the irrational charitable donation is strengthened. The listed corporations have strong motivation to transfer profits through registering and establishing charity foundations, which is a new tendency of transferring interests.  相似文献   

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VOLUNTAS: International Journal of Voluntary and Nonprofit Organizations - CEO power and its implications are neglected in research on nonprofit governance. This is surprising considering the...  相似文献   

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We examine how societal-level institutional logics impact the way in which hybridity develops in nonprofit organizations using international, comparative and qualitative case studies of community regeneration organizations in England and France. The research applies theoretically based conjectures about types of hybridity to empirical data generated from 20 interviews, document analysis and observation in five nonprofits in the city of Lyon and five in Sheffield. We find that the French nonprofits are ‘blended’ hybrids that integrate state and community institutional logics, while ‘assimilated’ hybrids combining state, community and market logics are found in the English cases. Undertaking contextually situated analysis of institutional logics generates new knowledge on the influences on nonprofits’ rules, practices and narratives, so improving the level of knowledge about, and capacity to manage, this sector.  相似文献   

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Research on nonprofit advocacy in non-Western settings is still rather limited. In this article, we address this limitation by examining the advocacy practices of nonprofit charitable organizations in Singapore, a non-liberal democratic city-state in Southeast Asia with a history of colonial rule. We ask the following questions: What are the key environmental and organizational factors that influence the scope and intensity of advocacy activities of nonprofit organizations? In particular, what is the effect of the political context on the advocacy strategies and tactics among these organizations? To answer these questions, we present a three-factor explanatory model of nonprofit advocacy incorporating cause, capacity, and context. The research methodology entails a survey of nonprofit executives from a random sample of Singapore human and social service organizations. Our findings shed light on how the various aspects of the political context—perceived opportunities and threats from government intervention and dependence on government funding—shape nonprofit advocacy in a non-Western setting.  相似文献   

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VOLUNTAS: International Journal of Voluntary and Nonprofit Organizations - The aim of this research was to explore whether several types of innovations were related to relevant measures of...  相似文献   

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This article analyses evidence for each of the expected benefits of budget support in turn, and finds the biggest improvements in the pro‐poor nature of public expenditure and public financial management. More modest improvements are noted in the predictability of aid and the burden of transaction costs, while less is known about the real effects on domestic accountability. Underlying them all is an assessment that programmes are incapable of ‘buying’ reforms. Drawing on the analysis, seven areas are highlighted where budget support design can be strengthened vis‐à‐vis its original rationale.  相似文献   

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In this correspondence I postulate a complementary consideration to an article recently published in Nonprofit Management & Leadership: “Factors Attracting Individuals to Nonprofit Management over Public and Private Sector Management” (LeRoux and Feeney 2013). The aim of this correspondence is to provide avenues for further research based on an evaluation of the authors’ analysis and their embedded assumptions on causality and interdependency of the variables used. I perform an extended empirical analysis of the same data as used in LeRoux and Feeney (2013) in which inherent assumptions are adjusted based on available literature. Results show that their conclusions need nuancing, and that further research could focus on (1) a clearer distinction between antecedents and effects of sector of employment, and (2) the different relationships across sectors between work‐related variables, such as job satisfaction, job flexibility, or job clarity.  相似文献   

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This study draws an economic model of the growth of nonprofit organizations by analyzing the behaviors of three major actors—nonprofit organizations, private donors, and governments—in making decisions on the allocation of limited resources for nonprofit services. Since decisions made by each actor affect resource allocation, it is important to understand what drives these decisions. The model was tested using an unbalanced, 463 panel dataset collected from 28 OECD countries over a 23-year period. The results indicated that macro- and micro-economic trends and government policies framed the decision premises of the three major actors, which led them to leverage the supply and demand for goods and services and, in turn, determined how they allocated limited resources for nonprofit services. This result implies that understanding the interdependencies of all sectors of the economy is critical to comprehending the size and development of the nonprofit sector. Effective management of micro-economic policies and macro-economic stability is necessary. More important, however, is understanding how a decision in one part of the economy will have intended and unintended effects on the nonprofit sector.  相似文献   

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The socialization literature has examined whether individualswho pass through their formative years during definable historicaleras constitute political generations characterized by shareddispositions or collective memories that outlast the eras themselves.Drawing upon 1995 public opinion data from Algeria, we ask whetherpolitical generations are discernible in a non-Western societyin which the government and politics have undergone fundamentaltransformations in character and normative orientation. We findevidence that shared attitudes characterize Algerians who cameof age during the regime of President Houari Boumedienne—astable 13-year period from 1965 to 1978 marked by centralizedpolitical leadership, low grassroots political participation,and state-led socialism. Other cohorts are not similarly distinguishable,however, nor does the Boumedienne cohort differ from otherswith respect to a number of political, economic, and culturalorientations. Like other studies, this research indicates thatsome historical periods produce durable generation effects whileothers do not and that some attitudes acquired during the formativeyears of late adolescence and early adulthood persist over timewhile others do not.  相似文献   

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This study investigates the impact of international remittances on private school enrolment in Kerala. Using data from the 2010 Kerala Migration Survey and employing an instrumental variable (IV‐Probit) approach to address the endogeneity of migration, we found that remittances have a positive and significant effect on private school enrolment. After disaggregating the sample into different heterogeneous groups, we found that remittances have greater effect on boys, children residing in rural areas, and those belonging to socially advantageous groups and from higher wealth quintile. Children from lower wealth quintile and belonging to socially disadvantageous groups are least affected by migration and remittances.  相似文献   

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Given the persistent problems in the balance of trade in LDCs, the limited effect of foreign aid, and the difficulties of borrowing, the often huge amounts of migrant remittances can substitute for the inadequacies of these forms of foreign exchange. As market flows of foreign exchange, remittances have complex positive and negative effects on development. In this paper, I deal with this role of migrant remittances in the theoretical framework of development economics, as related to the importance of foreign exchange as an indispensable factor of growth and structural change in LDCs. Various channels transmitting the impact of remittances on development are investigated based on the experience of countries from both sides of the Mediterranean basin.  相似文献   

18.
Building on an analytical framework of agent-based institutionalization, this qualitative study uses narrative accounts to explore a historical evolution of Japanese philanthropy and corporate philanthropy from the 1970s to 1990s. Using primary data, such as interviews with key actors and archival resources, as well as secondary and publication data, I examine the process of how Japanese philanthropy and corporate philanthropy progressed simultaneously and how the American concept of philanthropy was integrated into different cultural contexts and emerged as the Japanese concept of philanthropy, firansoropii. This study also reveals that the three-decade process of institutionalizing Japanese philanthropy was driven by Japanese institutional actors who bridged the philanthropic, political, and economic boundaries between Japan and the United States.  相似文献   

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There is a considerable debate in terms of opportunities and challenges about the presence of refugees in the neighbouring host countries. Most of the existing discourse has focused only on their humanitarian and security implications. This article, on the other hand, seeks to uncover this issue through a purely economic lens, focusing on the economic impact of more than three million Afghan refugees in Pakistan. Utilizing data for the period 1979–2014 and the ARDL bounds testing approach, we arrive at few important conclusions. The empirical results indicate that Afghan refugees have a strong negative impact on economic growth in Pakistan. The effect holds in both the short run and the long run, suggesting that the influx of refugees lowers real economic activity in the country. Ultimately, the study implies that hosting refugees can never be a boon to Pakistan's economy.  相似文献   

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