Forgotten effects of worth-creating activities in hybrid business management models in non-profit organizations

Issue title: Special section: Fuzzy Systems in Management and Information Science

Guest editors: José M. Merigó, Salvador Linares-Mustaros and Joan Carles Ferrer-Comalat

Article type: Research Article

Authors: Socias Salvá, Antonio^a | Nicolas, Carolina^b | Rosselló, Patricia Horrach^a | Mulet-Forteza, Carles^{a; *}

Affiliations: [a] Department of Business and Economics, University of the Balearic Islands, Palma de Mallorca, Spain | [b] Escuela de Ingeniería Comercial, Facultad de Economía y Negocios, Universidad Santo Tomas, Chile

Correspondence: [*] Corresponding author. Carles Mulet-Forteza, Department of Business and Economics, University of the Balearic Islands, Carretera Valldemossa km 7,5, E-07122 Palma de Mallorca, Spain. E-mail: [email protected].

Abstract: This research aims to explore the impact of the principal worth-creating initiatives in hybrid business management models. The methodology applied is the theory of the forgotten effects, which assesses some direct and indirect relationships to determine causes and effects in the value-creation in non-profit organizations. The main contribution of this study shows that the non-foreseen causes, at least in the first instance, affect remarkably to the generation of value in non-profit organizations. A case study has also been provided to solve decision making problems under partial information.

Keywords: Worth-creating activities, non-profit organizations, hybrid business, forgotten effects

DOI: 10.3233/JIFS-179628

Journal: Journal of Intelligent & Fuzzy Systems, vol. 38, no. 5, pp. 5343-5353, 2020