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- Title
Real Structure of the Non-profit Institutions' Funding Resources: Market or Government?
- Authors
Hyánek, Vladimír; Prouzová, Zuzana
- Abstract
According to the theory, there are reasons to assume that non-profit institutions (NPI) behave specifically, in the way that is significantly different from the behaviour typical for both for-profit and public service providers. Paper investigates NPIs' reactions to the distinctive changes of the economic environment in the 2008-2013 when Czech NPIs were relatively strongly affected by the crisis, although this affection probably haven't been as heavy as in some other European countries. Non-profit institutions (NPI) are characterized by their multi-source funding when payments from end-consumers are relatively low. The most reliable data sources are Annual National Accounts and the Satellite Account of NPIs, presenting macroeconomic data. In this article, we focus on structure of NPI funding resources changes in tough times of economic crisis.
- Subjects
NONPROFIT organization finance; SOCIAL services; GLOBAL Financial Crisis, 2008-2009
- Publication
Equilibrium (1689-765X), 2015, Vol 10, Issue 4, p151
- ISSN
1689-765X
- Publication type
Article
- DOI
10.12775/EQUIL.2015.040