Surplus, Contractibility and Theory of the Firm
Issue:
Volume 6, Issue 1, March 2018
Pages:
1-10
Received:
24 December 2017
Accepted:
10 January 2018
Published:
26 January 2018
Abstract: A theory of the firm is advanced as a unified property rights for surplus created by cooperative activity. This differs from traditional transaction cost literature which views the firm as a governance structure. Individual purposive entities act in their own interests, within or without a firm. Only contractible inputs are coordinated for joint surplus maximization. Each party determines her non-contractible inputs for her own benefits, which explain many observed firm phenomena. An equilibrium models are developed for the firm and used to explain the questions of firm existence, boundary, and ownership.
Abstract: A theory of the firm is advanced as a unified property rights for surplus created by cooperative activity. This differs from traditional transaction cost literature which views the firm as a governance structure. Individual purposive entities act in their own interests, within or without a firm. Only contractible inputs are coordinated for joint su...
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Economic and Behavioral Assessment of Motivation Factors of Lebanese Monetary Donors to Non-Government Organizations (NGOs)
Bassam Charif Hamdar,
Jessica Antonios Le Por,
Basima Dana,
Jinane Mneimneh
Issue:
Volume 6, Issue 1, March 2018
Pages:
11-21
Received:
28 February 2018
Accepted:
13 March 2018
Published:
9 April 2018
Abstract: In recent years, non-profit organizations proved to play a vital role in the community especially in a small country like Lebanon where goods and services to the population are very limited and only few alternatives are obtainable. Private individual charitable giving has gained much importance as a source of support for non-profit organizations. The aim of this paper is to assist these charitable organizations to better understand the motivating factors of Lebanese donors. This paper conducted a research on the effect of the gender and educational level of donors on their donation decisions, to know what motivates them to give to charity, what hinders them from giving more, and what affects their choice of the recipient Non-Government Organizations (NGOs). Data from 235 respondents in Beirut, the authors were able to deduce three potential motivating factors affecting the donor; religion, human sympathy, and social solidarity, and three potential de-motivating factors (or barriers); non-transparency, lack of post donation reports, and the insistence in the request of donations. Moreover, three potential factors affecting the decision of donors to choose the recipient NGOs: Good reputation, same religious affiliation, and importance of the cases requesting donations. The results of this study will provide valuable insights into how donors engage with these non-profit organizations as well as pave the way for the NGOs to effectively influence the decisions and intentions of donors.
Abstract: In recent years, non-profit organizations proved to play a vital role in the community especially in a small country like Lebanon where goods and services to the population are very limited and only few alternatives are obtainable. Private individual charitable giving has gained much importance as a source of support for non-profit organizations. T...
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Stakeholder Influence in Institutional Strategic Planning Practices in Public Secondary Schools in Kenya (A Survey of Public Secondary Schools in Migori County)
Issue:
Volume 6, Issue 1, March 2018
Pages:
22-28
Received:
14 December 2017
Accepted:
5 January 2018
Published:
6 June 2018
Abstract: This paper tries to explore the influence of stakeholders in institutional strategic planning practices in public secondary schools in Kenya, a case of Migori County. The study employed a descriptive survey study. The target population was made up of public secondary school head teachers, deputy head teachers and heads of departments in secondary schools within Migori County whose total was 1056. A sample size of 106 respondents was drawn using stratified random sampling. The study used both primary and secondary data. Questionnaire was the primary data collection tool and was administered using the drop and pick method which helped minimize financial and time limitations that the researcher was likely to face. Secondary data was derived from documentations such as school strategic plans and minutes of B.O.G, P.T.A and staff meetings. Data collected was both qualitative and quantitative. Qualitative data was analysed using content analysis while quantitative data was analysed using descriptive statistics such as mean, mode and median. The results of the study indicated that strategic planning process in public secondary schools involves stakeholders to a minimal extent mostly because of the time that it would involve.
Abstract: This paper tries to explore the influence of stakeholders in institutional strategic planning practices in public secondary schools in Kenya, a case of Migori County. The study employed a descriptive survey study. The target population was made up of public secondary school head teachers, deputy head teachers and heads of departments in secondary s...
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