ECONOMIC CRISES AND THE COUNTER-CYCLICAL PROFILE OF NON-PROFIT ORGANIZATIONS: SOME EMPIRICAL EVIDENCES FROM THE ITALIAN CONTEXT

The post-crisis economic recovery is the result of a joint effort of many actors: citizens, profit oriented companies, non-profit organizations and public institutions. In this complex process, it is possible to observe that the innate propensity of the non-profit organizations to assume an ethical...

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Bibliographic Details
Published in:Economics, Management, and Financial Markets Management, and Financial Markets, 2014-12, Vol.9 (4), p.303-311
Main Authors: Socaciu, Tiberiu, Pollifroni, Massimo, Militaru, Gheorghe
Format: Article
Language:English
Subjects:
Analysis
Business ethics
Business models
Censuses
Economic aspects
Economic crisis
Economic recovery
Economy
Employment
Financial crises
Flexibility
Italy
Non-profit organizations
Nonprofit organizations
Public sector
Scandals
Social responsibility
Statistics
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Summary:The post-crisis economic recovery is the result of a joint effort of many actors: citizens, profit oriented companies, non-profit organizations and public institutions. In this complex process, it is possible to observe that the innate propensity of the non-profit organizations to assume an ethical connotation can also be taken as a valid premise to the enunciation of the counter-cyclical profile. Following a managerial approach, the paper – which has as reference the Italian context – tries to discover and systemize the causes of empirical evidence that emerges by comparing statistical data of Italian censuses carried out in 2001 and 2011 by the Italian National Institute of Statistics (INIS). The central part of the paper – oriented to business ethics – concerns the declination of the underlying model due to the non-profit organization, while the final thought can be summarized as follows: the focused characteristics of these subjects that should also be internalized in business models related to other kinds of companies, in order to give the same greater ability to react to the current economic crisis.
ISSN:1842-3191
1938-212X