DIFFERENTIAL CHARACTERISTICS OF NON-PROFIT SECTOR AND THE SITUATION IN BOSNIA AND HERZEGOVINADr Teodor M. Petrović
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Number 9 |
ABSTRACT
Characteristics of the non-profit sector significantly differentiate in comparison to the public and profit sector. Due to its specificity, different characteristics and terminology are related to this sector in various states. However, problems in its management are similar. Non-profit organizations are usually divided into public organizations (institutions) that can be federal, state and local, including the regulatory and other agencies, commissions and similar legal bodies and other non- profit organizations that are either charitable (health, educational, social, scientific, cultural) or commercial (sports clubs, trade unions, chambers of commerce). The non-profit sector in Bosnia and Herzegovina in the last two decades has gained in importance considering the number of nonprofit organizations, employees, available resources and allocations for the conduct of its socially beneficial activities.
Keywords: non-profit sector, non-profit organizations, non-governmental organizations.