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題名 Not-for-Profit Service that Leads Profit: Delegation and Competition between Not-for-Profit and For-Profit Organizations
作者 廖四郎;宋豪漳
Liao, Szu-Lang ; Sung, Hao-Chang
貢獻者 金融系
日期 2011-12
上傳時間 24-Mar-2014 13:50:53 (UTC+8)
摘要 This study shows that the provision of not-for profit service would not only give not-for-profit organizations (NPOs) a competitive advantage over for-profit organizations (FPOs). Under the separation of control and ownership, we illustrate that once market demand is inelastic, the provision of not-for-profit service serves as a strategic device for the manager of an NPO and thus induces the owner of an NPO to overcompensate his manager regarding the margin of profit. Moreover, as the regulated price of not-for-profit service increases, an NPO could still over-compensate his manager in regard to profit, when the indirect effect on increasing preference difference between the owner and manager of the NPO dominates the direct effect on market price. Thus, an NPO could charge more in for-profit service.
關聯 International Research Journal of Finance and Economics, 80, 40-48
資料類型 article
dc.contributor 金融系en_US
dc.creator (作者) 廖四郎;宋豪漳zh_TW
dc.creator (作者) Liao, Szu-Lang ; Sung, Hao-Changen_US
dc.date (日期) 2011-12en_US
dc.date.accessioned 24-Mar-2014 13:50:53 (UTC+8)-
dc.date.available 24-Mar-2014 13:50:53 (UTC+8)-
dc.date.issued (上傳時間) 24-Mar-2014 13:50:53 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/64843-
dc.description.abstract (摘要) This study shows that the provision of not-for profit service would not only give not-for-profit organizations (NPOs) a competitive advantage over for-profit organizations (FPOs). Under the separation of control and ownership, we illustrate that once market demand is inelastic, the provision of not-for-profit service serves as a strategic device for the manager of an NPO and thus induces the owner of an NPO to overcompensate his manager regarding the margin of profit. Moreover, as the regulated price of not-for-profit service increases, an NPO could still over-compensate his manager in regard to profit, when the indirect effect on increasing preference difference between the owner and manager of the NPO dominates the direct effect on market price. Thus, an NPO could charge more in for-profit service.en_US
dc.format.extent 227 bytes-
dc.format.mimetype text/html-
dc.language.iso en_US-
dc.relation (關聯) International Research Journal of Finance and Economics, 80, 40-48en_US
dc.title (題名) Not-for-Profit Service that Leads Profit: Delegation and Competition between Not-for-Profit and For-Profit Organizationsen_US
dc.type (資料類型) articleen