2020 Volume 20 Issue 1 Pages 11-23
This paper introduces typical research topics in the field of NPO research from an economic perspective. First, we review the most typical economic theories on the worldwide expansion of the NPO sector, government failure, and contract (market) failure. Second, we empirically examine the robustness of these theories through econometrics. Third, we develop a theoretical model of philanthropy and social capital by applying basic microeconomics and macroeconomics and their corresponding econometric models, respectively. Lastly, we perform a literature review on CSR theory. In addition, this paper discusses typical empirical research examining the relation between CSR (measured by CSP) and financial performance. Therefore, we expect to generate new findings from this research. Finally, this paper introduces some empirical research topics in the field of NPO research based on the availability of sufficient data.
