FIRMS, NONPROFITS, AND COOPERATIVES: A THEORY OF ORGANIZATIONAL CHOICE

被引：10
|
作者：
Herbst, Patrick [1 ]
Prufer, Jens [2 ]
机构：
[1] Univ Stirling, Stirling FK9 4LA, Scotland
[2] Tilburg Univ, NL-5000 LE Tilburg, Netherlands
来源：
ANNALS OF PUBLIC AND COOPERATIVE ECONOMICS | 2016年 / 87卷 / 03期
关键词：
theory of the firm; nonprofits; cooperatives; organizational choice; organizational change; L21; L31; D23;
D O I：
10.1111/apce.12130
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We formalize the difference between profit-maximizing firms, nonprofits, and cooperatives and identify optimal organizational choice in a model of quality provision. Firms provide lowest and nonprofits highest levels of quality. Efficiency, however, depends on the competitive environment, the decision making process among owners and technology. Firms are optimal when decision making costs are high. Else, firms are increasingly dominated by either nonprofits or cooperatives. Increased competition improves relative efficiency of firms and decreases relative efficiency of nonprofits.
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页码：315 / 343
页数：29
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