Abstract

Standard economic theories of nonprofits argue that donors largely cannot observe nonprofit performance. Using market data from the US nonprofit housing sector, federal financial data, and rare internal production reports, this study examines the effects of nonprofit performance on donations with a dynamic panel model. Donors in our sample are only weakly sensitive to indicators of nonprofit productivity. Our results imply that nonprofit performance theory might be distinct from other sectors in that nonprofits cannot expect increased performance to be meaningfully rewarded with funding.

中文翻译：

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捐助者是否响应非营利组织的绩效？房屋证明

摘要

非营利组织的标准经济理论认为，捐赠者基本上无法观察到非营利组织的表现。这项研究使用来自美国非营利性住房部门的市场数据，联邦财务数据以及罕见的内部生产报告，通过动态面板模型研究了非营利性绩效对捐赠的影响。我们样本中的捐赠者仅对非营利性生产力指标敏感。我们的结果表明，非营利绩效理论可能与其他行业有所不同，因为非营利组织不能期望提高绩效能够获得有意义的资金回报。