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Some Implications Of The Agency-Cost Theory Of The Nonprofit Firm, Benjamin Leff Jan 2018

Some Implications Of The Agency-Cost Theory Of The Nonprofit Firm, Benjamin Leff

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Social enterprises are business enterprises that seek to pursue social goals. In order to do that, they need to be able to make binding commitments to a variety of stakeholders that they will indeed pursue such goals. At least since Henry Hansmann wrote his seminal works on nonprofit organizations in the early nineteen eighties, it has been widely understood that a significant value of the nonprofit organizational structure is the ability of the "nondistribution constraint" to serve as just such a commitment mechanism. In the case of for-profit social enterprises, where the nondistribution constraint does not apply, what mechanisms might …


Further Considerations: Immigrant Entrepreneurs - Contributions And Challenges, Jayesh Rathod Jan 2012

Further Considerations: Immigrant Entrepreneurs - Contributions And Challenges, Jayesh Rathod

Contributions to Books

An overview of the contributions made by immigrant entrepreneurs in the United States, and the challenges they face.