Governance and value creation in grant-giving foundations

Fabio Monteduro (), Alessandro Hinna () and Giacomo Boesso ()
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Fabio Monteduro: Università di Roma Tor Vergata
Alessandro Hinna: Università di Roma Tor Vergata
Giacomo Boesso: Università di Padova

No 117, "Marco Fanno" Working Papers from Dipartimento di Scienze Economiche "Marco Fanno"

Abstract: Grant giving foundation leaders are increasingly concerned with understanding the primary role their institutions are pressured to play in financing the growing non-profit sectors of developed economies. Furthermore, many academics, political leaders and practitioners are expecting foundations to play the unique role of merchant banks and venture capitalists to foster the positive impact of non-profit organizations on societies, people and issues they affect. The main contribution of this study lies in proposing and testing a theoretical framework that foundations might implement in order to efficiently disseminate liquidity and managerial expertise among selected grantees as well as to improve grantees’ social outcome.

Keywords: governance; foundations; strategic philanthropy (search for similar items in EconPapers)
JEL-codes: M14 M41 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2010-05
New Economics Papers: this item is included in nep-cdm
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Persistent link: https://EconPapers.repec.org/RePEc:pad:wpaper:0117

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