Record Details

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

Journal of Economics and Financial Analysis

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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
 
##plugins.schemas.dc.fields.jel.name## L10, L25, L30, H12.
 
Subject Financial Performance; Strategic Planning; Plan Implementation.
 
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.
 
Source Journal of Economics and Financial Analysis
 
##plugins.schemas.dc.fields.year.name## 2017
 
##plugins.schemas.dc.fields.volume.name## 1
 
##plugins.schemas.dc.fields.issue.name## 2
 
##plugins.schemas.dc.fields.pages.name## 71-88
 
##plugins.schemas.dc.fields.doi.name## 10.1991/jefa.v1i2.a9
 
##plugins.schemas.dc.fields.pdfurl.name## https://ojs.tripaledu.com/index.php/jefa/article/download/26/17
 
##plugins.schemas.dc.fields.pdfformat.name## application/pdf
 
##plugins.schemas.dc.fields.htmlurl.name## https://ojs.tripaledu.com/index.php/jefa/article/view/26/23
 
##plugins.schemas.dc.fields.htmlformat.name## text/html
 
Publisher Tripal Publishing House
 
Contributor —
 
Date 2017-12-03
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Identifier https://ojs.tripaledu.com/index.php/jefa/article/view/26
 
##plugins.schemas.dc.fields.onlineissn.name## 2521-6619
 
##plugins.schemas.dc.fields.printissn.name## 2521-6627
 
Language eng
 
Relation https://ojs.tripaledu.com/index.php/jefa/article/view/26/17
https://ojs.tripaledu.com/index.php/jefa/article/view/26/23
 
Rights Copyright (c) 2017 Journal of Economics and Financial Analysis
http://creativecommons.org/licenses/by-nc-nd/4.0