“Corporate” governance in nonprofit organizations

摘要: The economics-based theoretical and related empirical literature on the governance of nonprofit organizations is brought together integrated in a way easily accessible for noneconomists. This scattered academic journals covering economics, health management, accounting, more nonprofit-geared research publications. After defining corporate governance, I present nontechnical most appropriate economic framework studying problems: principal-agent theory. Most deals with role influence board its relation to organization's management performance. reflected article's structure. board's functioning, composition, committee structure are first discussed, followed by review incentive-based remuneration schemes, disclosure financial information, use debt mitigate agency problems between management. dealing donors subsidizing authorities relations then presented. article concludes number practical implications scholarly obtained results date, as well some suggestions further research.