Blog

Access, Common Agency, and Board Size

By Rajesh K. Aggarwal and Dhananjay Nanda We study the impact of the size of a firm’s board of directors on managerial incentives and firm performance. We present a model where a risk-averse agent (the top management team) performs multiple tasks …

Nonprofit Geographic Expansion: Branches, Affiliates, or Both?

By Jane Wei-Skillern and Beth Battle Anderson Nonprofit organizations often move into new territories by establishing local branches, affiliates, or a combination of branches and affiliates, resulting in a plural form. This paper presents data from a survey of U.S. …

For-Profit Social Ventures

By J. Gregory Dees and Beth Battle Anderson Traditional sector boundaries are breaking down as societies search for more innovative, cost-effective, and sustainable ways to solve social problems and provide socially important goods, such as education and health care. One …

Artists for Humanity

By J. Gregory Dees, Shirley Brice Heath and Laura Smyth Artists for Humanity (AFH) is a nonprofit that hires 30 to 40 teenagers each year for after-school work and training in the arts and entrepreneurship. The young artists, working in …

New Profit, Inc

By James L. Heskett, J. Gregory Dees and Jaan Elias Having founded what they called a “venture philanthropy” operated like a hybrid between a venture capital fund and a philanthropy, New Profit’s organizers are confronted with two issues: 1) the role …

A Customer by Any Other Name

By Gregory J Dees Social Entrepreneurs can create mutually beneficial relationships with their stakeholders and donors by learning from customer-oriented businesses. Specifically, three good habits social entrepreneurs can learn from customer-oriented business includes: Understanding what people value and the alternatives they …

Enterprising Nonprofits

By Gregory Dees The move by non-profit organizations to raise additional funds by allowing corporate partners the commercial use of their name or reputation would likely result in the corruption of the social mission of the nonprofit organization. Several options …