Past literature in nonprofit management uses the overhead ratio of nonprofits as a measure
of efficiency. Although the overhead ratio might measure top‐heaviness, we argue that it …

Purpose Despite the vast literature on privatization, the relationship between change of
ownership and performance is not clear. The purpose of this paper is to understand why …

Purpose The purpose of this paper is to present empirical evidence about relationships
between the corporate governance (CG) mechanisms of the Spanish savings banks, their …

Previous literature has suggested that federal funding can hinder the efficiency of nonprofit
organizations, but this has yet not been empirically tested. This study used a two‐stage data …

Purpose The purpose of this paper is to analyse the performance of Spanish banking
entities between 2009 and 2013, a period marked by the reform of the banking system with a …

The study analyses the impact of country's governance factors on the financial behaviour
and performance of financial intermediaries operating in European Union countries, by …

Philanthropic foundations have bloomed since the 1990s, contributing to the expansion of
third sectors worldwide. This research aims to contribute to the comparative analysis of the …

The goal of this article is threefold. First, it aims at understanding the dynamic positions of
foundations (institutional proximities and purposes, approaches and roles) relative to …

This study was conducted with the aim of examining whether Regional Development Banks
(RDBs) in Indonesia which fall under the category as Government-Linked Companies …

IMPACT The authors show the extremely negative impact of having inexperienced directors
with minimal or no knowledge of economics or finance serving on the boards of directors of …