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Partnerships between non-governmental organizations and businesses in the context of sustainability

Simeon Simeonov

Economic Thought journal, 2022, issue 3, 354-398

Abstract: The empirical research aims to identify the motives of NGOs for initiating and entering into partnerships with business. The study was conducted using a web-based questionnaire completed by 112 non-profit organizations in Bulgaria. It was found that the main motives of these organizations are related to the opportunities for financial support, in-kind donations and management of larger projects of public importance. The Wilcoxon signed ranks test applied confirms the presence of a statistically significant difference between financial support and other motives. At the same time, partnerships between the two sectors in Bulgaria, at least from the NGOs' point of view, are still in their early stages of development. Their support for strategic partnerships with business as a sustainable approach to current global challenges is also marginal.

JEL-codes: F23 L31 Q01 (search for similar items in EconPapers)
Date: 2022
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