ECONOMICS OF NON-PROFIT ENTITIES
Learning outcomes of the course unit
The sector that groups not-for-profit organisations in our country is changing. The role of not-for-profit organisations in the local and national economy is now unanimously acknowledged and in fact considered a factor in social and economic development. The operation of not-for-profit organisations is governed by legislative procedures which often do not take their real needs into account. The course aims to explore in detail the specific characteristics of the operation of not-for-profit organisations, in particular aspects of governance, economic measurements, personnel management, and medium-to-long-term decision-making criteria. The course also provides an opportunity to meet the management of these institutions and to understand their variety and social richness, as well as the organisational and motivational solutions that are to be found in them.
Course contents summary
The course aims to explore the specific operational characteristics of not-for-profit organisations, in particular the following:
• not-for-profit organisations: the economic approach to the organisation
• governance and organisation in not-for-profits
• financing and fund raising in not-for-profits
• balance sheets
• planning and control
• social accountability reporting and mission reporting in not-for-profits
Bandini F., 2009, Economia e management delle aziende non profit e delle imprese sociali, Padua, Cedam.