L’évolution de la structure de financement des organisations muséales: éclairage sur le rôle des endowment funds

Fabrice Herve, Rémi Mencarelli and Mathilde Pulh ()
Additional contact information
Rémi Mencarelli: UB - Université de Bourgogne
Mathilde Pulh: UB - Université de Bourgogne

Post-Print from HAL

Abstract: Breaking with a long tradition of public financing, European museum institutions experience a drastic increase of the part of their revenues coming from private sector. At the same time, they can invest this money on financial markets through endowment funds. This article proposes to highlight this new way museums have to manage their revenues. In this way, we analyze American museum system where endowment is the rule. This analysis allows us to understand the endowment concept, to grasp their modalities of implementation and financial management and to discuss benefits, but also risks to which European museums expose themselves.

Keywords: museum; capital structure; endowment; financing policy; fundraising; museo; modo de financiación; musée; structure de financement (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Published in Management international = International management = Gestión internacional, 2011, 15 (3), pp.45-55. ⟨10.7202/1005432ar⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01346769

DOI: 10.7202/1005432ar

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().