2011/10/16 Guru गुरु <[email protected]> > > The distinction between a for-profit and a not for profit institution is > understood and accepted. By and large for profit institutions work for > maximising net profits/shareholder value, while non profit institutions work > for larger public good (or its subsets) >
Ummm, no. By and large for-profit institutions work for maximising net profits/shareholder *monetary* value, while non-profit institutions work for *other reasons, which may include* larger public good (or its subsets*, and such subsets include "the good of me alone"*) (*Words in italics are mine).* -- Sanjeev Gupta +65 98551208 http://www.linkedin.com/in/ghane
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