An Approach to Evaluating Relative Effectiveness in Non-Profit Institutions

36 Pages Posted: 7 May 2006

See all articles by Yaw M. Mensah

Yaw M. Mensah

Rutgers Business School - Newark & New Brunswick

Kevin C. K. Lam

Hang Seng Management College; The Chinese University of Hong Kong (CUHK) - School of Accountancy

Robert Werner

Rutgers Business School - New Brunswick

Date Written: February 2006

Abstract

We present in this study a method for comparing the relative effectiveness of different non-profit institutions with similar objectives. In addition, we show how this measure of relative effectiveness is related theoretically to their relative efficiency. Finally, drawing on developments in data envelopment analysis, we illustrate the new methodology using data from 107 institutions of higher education.

Keywords: Effectiveness, Efficiency, Non-profit institutions, Performance evaluation

JEL Classification: D62, C62, C15, I21, L32, M40

Suggested Citation

Mensah, Yaw M. and Lam, Kevin C. K. and Werner, Robert, An Approach to Evaluating Relative Effectiveness in Non-Profit Institutions (February 2006). Available at SSRN: https://ssrn.com/abstract=899386 or http://dx.doi.org/10.2139/ssrn.899386

Yaw M. Mensah (Contact Author)

Rutgers Business School - Newark & New Brunswick ( email )

100 Rockafeller Road
Piscataway, NJ 08854
United States
848.445.4369 (Phone)
732.445.0351 (Fax)

HOME PAGE: http://business.rutgers.edu

Kevin C. K. Lam

Hang Seng Management College ( email )

Hang Shin Link
Siu Lek Yuen
Shatin, Hong Kong
China

The Chinese University of Hong Kong (CUHK) - School of Accountancy ( email )

Shatin, N.T.
Hong Kong

Robert Werner

Rutgers Business School - New Brunswick ( email )

New Brunswick, NJ 08901
United States

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