The Effects of External Financial Support on the Capacities of Educational Nonprofit Organizations
| Autor: | Lenka Svecova, Oto Potluka |
|---|---|
| Rok vydání: | 2019 |
| Předmět: |
Geography
Planning and Development cohesion policy TJ807-830 Sample (statistics) Management Monitoring Policy and Law TD194-195 Renewable energy sources 0502 economics and business 050602 political science & public administration Revenue GE1-350 Research question Finance Environmental effects of industries and plants Renewable Energy Sustainability and the Environment business.industry 05 social sciences assets financial capacities the Czech Republic 0506 political science Environmental sciences nonprofit organizations Propensity score matching Criticism business 050203 business & management |
| Zdroj: | Sustainability, Vol 11, Iss 17, p 4593 (2019) Sustainability Volume 11 Issue 17 |
| ISSN: | 2071-1050 |
| DOI: | 10.3390/su11174593 |
| Popis: | Official development assistance provides an immense flow of financial funding to educational nonprofit organizations (NPOs). This source of funding faces criticism because of the unintended indirect effects it has in lowering the relative level of local NPOs&rsquo capacities. Our contribution addresses NPOs&rsquo financial capacities in an OECD country that receives a vast inflow of EU funding namely the Czech Republic. To answer the research question on what impact the external financial assistance has on capacities in NPOs, we applied propensity score matching to a sample consisting of 633 educational NPOs covering the years 2006&ndash 2013. EU-funded NPOs report higher levels of real revenues, but not real assets, than non-funded NPOs. The EU funding helps in the short-term to improve NPOs&rsquo budgets, but not to increase assets. |
| Databáze: | OpenAIRE |
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