Edited by Karabi C. Bezboruah and Heather L. Carpenter
Chapter 3: Ethics and accountability in nonprofit management curriculum
A major challenge of nonprofit organizations is the maintenance of stakeholder trust through ethical conduct of business and accountability in their work processes. This chapter discusses the concepts of ethics and accountability in nonprofit organizations through the lens of principal–agent, stewardship, and stakeholder theories in concert with the NACC Graduate Guideline 4.0. These theories explain how nonprofits are held to higher ethical standards and are accountable to multiple stakeholders with diverse interests. Taken together, these theories can provide a comprehensive examination of nonprofit ethics and accountability. The chapter also examines ethical challenges and dilemmas and ways to address them. It provides discussion questions for critical thinking, classroom activities for understanding the concepts, and three case studies for the application of the concepts of ethics and accountability in nonprofit management.
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