Details

Autor(en) / Beteiligte

• Jegers, Marc

Titel

Portfolio Theory and Nonprofit Financial Stability: A Comment and Extension

Ist Teil von

• Nonprofit and voluntary sector quarterly, 1997-03, Vol.26 (1), p.65-72

Ort / Verlag

Thousand Oaks, CA: SAGE Publications

Erscheinungsjahr

1997

Quelle

Applied Social Sciences Index & Abstracts (ASSIA)

Beschreibungen/Notizen

• The contribution of Kingma (1993) to NPO theory is discussed and enlarged. Portfolio theory in interaction with utility theory is shown to be a very useful instrument to model nonprofit organization (NPO) financing. Furthermore, it is suggested that portfolio theory is partially useful to model the NPO investment decision. Some essential elements of such a theory are presented.