How Nonprofit Organizations Manage Risk

Dennis R. Young
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Dennis R. Young: Georgia State University

Chapter Chapter 3 in Paid and Unpaid Labour in the Social Economy, 2009, pp 33-46 from Springer

Abstract: Abstract The purpose of this essay is to identify the kinds of decisions where nonprofit organizations need to manage their risks in a strategic fashion, to review what is known about how they approach these decisions, and to offer a conceptual framework that nonprofits can use to develop a more sophisticated and effective approach to their risk-management decisions. For various reasons, nonprofits have not taken a sufficiently robust view of risk management, A simple framework is presented to address the risk-related decisions of nonprofits in a strategic fashion, with a view to inspire fuller attention to risk management in the nonprofit academic literature and in professional forums.

Keywords: Decision Maker; Risk Management; Nonprofit Organization; Risk Preference; Risk Averse (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:spr:aiechp:978-3-7908-2137-6_3

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DOI: 10.1007/978-3-7908-2137-6_3

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