Title: Legitimacy, trustee incentives, and board processes: The case of public and private non-profit nursing homes
Authors: Dewaelheyns, Nico ×
Eeckloo, Kristof
Van Hulle, Cynthia #
Issue Date: 2011
Publisher: Wiley
Series Title: The International Journal of Health Planning and Management vol:26 issue:3 pages:224-245
Abstract: Using a unique data set, this study explores how type of ownership (government/private) is related to processes of governance. The findings suggest that the neo-institutional perspective and the self-interest rationale of the agency perspective are helpful in explaining processes of governance in both government- and privately owned non-profit organizations. Due to adverse incentives and the quest for legitimacy, supervising governance bodies within local government-owned non-profit institutions pay relatively less attention to the development of high quality supervising bodies and delegate little to management. Our findings also indicate that governance processes in private institutions are more aligned with the business model and that this alignment is likely driven by a concern to improve decision making. By contrast, our data also suggest that in local government-owned institutions re-election concerns of politicians–trustees are an important force in the governance processes of these institutions. In view of these adverse incentives – in contrast to the case of private organizations – a governance code is unlikely to entail much improvement in government-owned organizations. Copyright © 2010 John Wiley & Sons, Ltd.
ISSN: 0749-6753
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Research Center Finance, Leuven
Academic Centre for Nursing and Midwifery
Faculty of Economics and Business (FEB) - miscellaneous
Department of Financial Management, Campus Carolus Antwerp
× corresponding author
# (joint) last author

Files in This Item:
File Description Status SizeFormat
LegitimacyTrustee.pdf Published 137KbAdobe PDFView/Open Request a copy

These files are only available to some KU Leuven Association staff members


All items in Lirias are protected by copyright, with all rights reserved.

© Web of science