When a nonprofit hospital is bought by a for-profit health care system, a central concern for boards is preserving the charitable mission, values and legacy of their organization.

The past few decades have been characterized by a growing body of profit-seeking public service areas with the understanding that profit-seeking organizations will deliver public services more efficiently than government can. These sectors include, but are not limited to, health care, corrections, education and garbage collection. Governments have created quasi markets to attract private provid...

In the last decade the emergence of new social needs as an effect of the economic crisis has stimulated the flourishing of business endeavours characterised by explicit social goals. Social start-ups, social enterprises or Corporate Social Responsibility operations carried out by traditional companies are quintessential examples in this regard. This paper analyses these kinds of initiatives in ...

Considering the enormous harm tobacco products cause among their most loyal consumers, it is astounding and repugnant that tobacco product manufacturers continue to operate as fabulously profitable enterprises. These companies have used layer upon layer of defense and counter-offense to protect profits from effective public health measures for more than a generation (1 -3). Slowly, however, pro...

This chapter offers an explanation of cultura l dynamics. The theory presented is Dimensional Accrual and Dissociation (DAD ). It is an analytica l model developed over several years of multidisciplinary research. It has been tested against current and historical data and critical assessment. The theory has been presented in several contexts and forums to various artists, scholars, private and ...

This paper studies the properties and determinants of managers’ multi-year financial forecasts. We ask whether, by how much, and why biases in managers’ forecasts of revenues, expenses and profits depend on the forecasting horizon and the verifiability of firms’ assets. Since public companies rarely divulge their internal multi-year financial projections to outsiders, we use the oneto five-year...

Using the repository of 2005 Family Evaluation of Hospice Care data, this study examined whether bereaved family members report higher quality of care when hospices care for greater vs. lesser proportions of dementia patients. This organization-level analysis included 396 hospices meeting the study's eligibility criteria. Using hospice percentages of the "proportion of decedents with dementia,"...