Recent Trends in Volunteerism: A Comparison Between European and North/South American Countries

Marino, Domenico; Schenkel, Marina

doi:10.1007/978-3-030-00677-8_6

Cited by 2 publications

(1 citation statement)

References 16 publications

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“…The SCs are quite heterogeneous in size-the value of total assets ranges from 5800 euro to more than 11.4 million euro and the median value is 244,551 euro-and in the incidence 12 The 2013 survey also reports that only 5.5% of the volunteers aim to improve their professional experience and/or to have better chance of employment. Marino and Schenkel (2017) find similar evidence using data on volunteers in Europe, North, and South America. These findings seem to exlcude that volunteers are prospective workers.…”

Section: Descriptive Statisticssupporting

confidence: 63%

Strong client orientation, little leverage in nonprofit firms?

2021

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Nonprofit firms can be multi-stakeholder organizations, in which employees, clients, volunteers, public institutions, and funders can have formal or informal power to affect corporate strategy. This paper focuses on nonprofit firms’ orientation toward clients and investigates its role in shaping capital structure. We first develop a theoretical framework and derive conditions under which the relationship between leverage and client orientation—measured by how much nonprofit firms weigh clients’ utility relative to earnings—is either positive or first negative and then positive. We then provide an empirical analysis of social cooperatives in the Italian social care sector and find a negative relationship between leverage and client orientation—proxied by the ratio of voluntary workers to total workforce.

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Section: Descriptive Statisticssupporting

confidence: 63%