Leasehold: An Institutional Framework for Understanding Nonprofit Governance in a Civil Society Context

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dc.contributor.authorGreller, Martin M.
dc.date.accessioned2016-06-13T13:03:18Z
dc.date.available2016-06-13T13:03:18Z
dc.date.issued2015-09
dc.descriptiondoi:10.3390/admsci5030165en_US
dc.description.abstractNonprofit organizations play a role in the creation of a society that is civil, and it is an important one that neither the state nor for-profit organizations undertake. This raises the question of governance and accountability, which is often addressed by looking to agency-based models from the private sector. The acknowledged problem is that the agency’s notion of owners does not translate well to nonprofits. Adapting the concept of leasehold (wherein the managers and organization operate with broad autonomy, using resources supplied by supporters in exchange for the promise that specific societal value will be created, and are accountable for doing so) allows for a more flexible and responsive arrangement. It also suggests a mechanism whereby many independent nonprofits taking multiple approaches help civil society evolve.en_US
dc.identifier.citationAdministrative Sciences 2015,5, 165–176en_US
dc.identifier.issn2076-3387
dc.identifier.urihttp://hdl.handle.net/123456789/799
dc.language.isoenen_US
dc.publisherMDPI (Multidisciplinary Digital Publishing Institute)en_US
dc.subjectnonprofiten_US
dc.subjectgovernanceen_US
dc.subjectagency theoryen_US
dc.subjectleasehold modelen_US
dc.subjectcivil societyen_US
dc.titleLeasehold: An Institutional Framework for Understanding Nonprofit Governance in a Civil Society Contexten_US
dc.typeArticleen_US
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