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SOME REFLECTIONS ON NONPROFIT FINANCE THEORY – CASE OF CO-MANAGEMENT AND CO-PRODUCTION

Mihaly Hogye

Curentul Juridic, The Juridical Current, Le Courant Juridique, 2009, vol. 39, 98-111

Abstract: This paper makes an attempt to explore some new dimensions of the emerging nonprofit finance theory in light of the co-management and co-production between government and nonprofit organization. Relying mainly on available literature of existing schools that explains economic rationale for nonprofit activities here I would like to add some notes how co-management and co-production may modify thesis rooted in nonprofit theories. Questions like where does co-management and co-production raises more efficient output in case of „earned income” or „government funds” as two of primary fields of financing nonprofit. I would also like to rethink some questions of setting prices, making profits or running at a loss in case of co-management and co-production. How co-management and co-production effect costs and income of nonprofits? Does co-management and co-production have a „crowding-out” effect between different financial resources? Answers are to be approached via examples and cases from Hungary.

Keywords: nonprofit finance; co-management; co-production; nonprofit organization; earned income; government funds. (search for similar items in EconPapers)
JEL-codes: K34 (search for similar items in EconPapers)
Date: 2009
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Journal Article: SOME REFLECTIONS ON NONPROFIT FINANCE THEORY – CASE OF CO-MANAGEMENT AND CO-PRODUCTION II (2010) Downloads
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