Record Details

Can Management Practices Make a Difference? Nonprofit Organization Financial Performance during Times of Economic Stress

European Journal of Economic and Political Studies

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Title Can Management Practices Make a Difference? Nonprofit Organization Financial Performance during Times of Economic Stress
 
Creator Qian Hu
Naim Kapucu
 
##plugins.schemas.dc.fields.affiliation.name## University of Central Florida
University of Central Florida
 
##plugins.schemas.dc.fields.email.name## qian.hu@ucf.edu
kapucu@ucf.edu
 
Description The economic crisis presented unprecedented challenges to nonprofit organizations to sustain their services. In this study, we examined both financial and management factors that influence the financial performance of nonprofit organizations during times of economic stress. In particular, we investigated whether strategic planning and plan implementation, revenue diversification, and board involvement help nonprofit organizations deal with financial uncertainty and strengthen financial performance. Despite the negative impacts that the economic downturn had on nonprofit organizations, we found that the implementation of strategic plans can help nonprofit organizations reduce financial vulnerability. Our findings call attention to key management factors that influence the financial performance of nonprofit organizations.
 
Subject Financial Performance; Strategic Planning; Plan Implementation.
 
##plugins.schemas.dc.fields.jel.name## L10, L25, L30, H12.
 
Source European Journal of Economic and Political Studies
 
##plugins.schemas.dc.fields.year.name## 2015
 
##plugins.schemas.dc.fields.volume.name## 8
 
##plugins.schemas.dc.fields.issue.name## 1
 
##plugins.schemas.dc.fields.pages.name## 1-18
 
##plugins.schemas.dc.fields.pdfurl.name## http://www.ejeps.com/index.php/ejeps/article/download/124/124
 
Format application/pdf
 
Publisher Fatih University
 
Contributor —
 
Date 2016-02-04
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Identifier http://www.ejeps.com/index.php/ejeps/article/view/124
 
##plugins.schemas.dc.fields.onlineissn.name## 1307-6035
 
##plugins.schemas.dc.fields.printissn.name## 1307-6000
 
Language eng
 
Relation http://www.ejeps.com/index.php/ejeps/article/view/124/124
 
Rights Copyright (c) 2016 European Journal of Economic and Political Studies
http://creativecommons.org/licenses/by-nc-nd/4.0