Managerial discretion in non-profit organizations: An application to Spanish work accident mutuals
Keyword(s):
This paper explores the problems of managerial discretion in the non-profit sector, with special consideration to Spanish Work Accident Mutuals (MATEPs). Firstly, from Transaction Costs, Property Rights and Agency perspectives, the economic rationale of mutuals is analyzed, paying particular attention to MATEP’s peculiarities and incentives in terms of competition, regulation and ownership. Subsequently, the effectiveness of governance mechanisms is discussed, showing that the status quo leaves excess power in the hands of the managers of these organizations
2018 ◽
Vol 2018
(1)
◽
pp. 17924
Your Place or Mine? Institutional Capture and the Creation of Overlapping International Institutions
2014 ◽
Vol 45
(4)
◽
pp. 799-827
◽
Keyword(s):
Keyword(s):
2001 ◽
Vol 46
(01)
◽
pp. 63-82
◽
Keyword(s):
2013 ◽
Vol 46
(1)
◽
pp. 135-155
◽
Keyword(s):
Keyword(s):