Abstract
In Japan, as in many other countries, private schools and universities are legally required to be non-profit organisations (NPOs) — organisations which do not have ‘owners’ who can sell their stock and receive profits. The earnings of NPOs must be reinvested in the organisation, they cannot be distributed — presumably to reduce the incentive for downgrading an educational product whose quality consumers may not be able to evaluate. The question then arises: who starts these schools and why?
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© 1988 Estelle James and Gail Benjamin
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James, E., Benjamin, G. (1988). The Founding Decision: Who Starts Private Schools and Why?. In: Public Policy and Private Education in Japan. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-19468-1_5
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DOI: https://doi.org/10.1007/978-1-349-19468-1_5
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-19470-4
Online ISBN: 978-1-349-19468-1
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