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Constraining Managers without Owners: Governance of the Not-for-Profit Enterprise

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NBER2005-02-01 更新2025-01-04 收录
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In the absence of owners, how effective are the constraints imposed by the state in promoting effective firm governance? This paper develops state-level indices of the legal and reporting rules facing not-for-profits and examines the effects of these rules on not-for-profit behavior. Stronger non

创建时间:
2005-02-01
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