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Some Reflections On Nonprofit Finance Theory – Case Of Co-Management And Co-Production Ii

Author

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  • Mihaly HOGYE

    (Dr., Associate Professor, Head of Department of Public Policy and Management in Corvinus University of Budapest, Hungary)

Abstract
This paper is the author’s second attempt to explore some new dimensions of the emerging nonprofit finance theory in light of the co-management and co-production between government and nonprofit organization. Relying mainly on available literature of existing schools that explains economic rationale for nonprofit activities here I would like to add some notes how co-management and co-production may modify thesis rooted in nonprofit theories. In the first paper – presented at EGPA Annual Conference in Malta in 2009 - questions where does co-management and co-production raises more efficient output in case of „earned income” or „government funds” were visited. This time I would like to explore two other fields of nonprofit revenue: donation (corporate or individual grants) and borrowing. I would also like to rethink again some questions of setting prices, making profits or running at a loss in case of co-management and co-production. How co-management and co-production effect costs and income of nonprofits? Does co-management and co-production have a „crowding-out” effect between different financial resources? Answers are to be approached via examples and cases from Hungary.

Suggested Citation

  • Mihaly HOGYE, 2010. "Some Reflections On Nonprofit Finance Theory – Case Of Co-Management And Co-Production Ii," Curentul Juridic, The Juridical Current, Le Courant Juridique, Petru Maior University, Faculty of Economics Law and Administrative Sciences and Pro Iure Foundation, vol. 41, pages 138-147, June.
    • Handle: RePEc:pmu:cjurid:v:41:y:2010:p:138-147
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    References listed on IDEAS

    as
    1. Taco Brandsen & Victor Pestoff, 2006. "Co-production, the third sector and the delivery of public services," Public Management Review, Taylor & Francis Journals, vol. 8(4), pages 493-501, December.
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    More about this item

    Keywords

    nonprofit finance; co-management; co-production; nonprofit organization; donation; borrowing;
    All these keywords.

    JEL classification:

    • K34 - Law and Economics - - Other Substantive Areas of Law - - - Tax Law

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