People

Hauser Center Researchers and Staff

Elizabeth Keating

Senior Research Fellow

Lecturer, Harvard Law School

Profile Home: PUBLICATIONS: Research

Public Policy Papers
Academic Papers
Practitioner-Oriented Articles
Cases

Public Policy Papers

"The Elephant in the Room: Unfunded Public Employee Health Care Benefits and GASB 45" with Eric Berman, Pioneer Institute White Paper 32, Public Employee Benefit Series, Part 3, July 2006.

"Report of the Blue Ribbon Panel on Massachusetts Public Employees Pension Classification System" Public Employee Retirement Administration Commission, July 2006.
 

Academic Papers

"An Investigation Of Fraud In Nonprofit Organizations: Occurrences And Deterrents" with Janet Greenlee, Mary Fischer and Teresa Gordon, forthcoming Nonprofit and Voluntary Sector Quarterly.

Abstract:
Losses due to fraudulent activities are particularly troublesome in the nonprofit sector because they directly reduce resources available to address tax-exempt purposes. The ensuing bad publicity may also reduce contributions and grants in subsequent periods. This paper uses data provided by Certified Fraud Examiners to report on the types of fraud they identified in nonprofit organizations and the characteristics of both the victims and the perpetrators of the fraudulent activities. Based on the analysis of the data, the authors suggest ways that fraud losses can be prevented or mitigated. In particular, governing boards are urged to consider important controls in addition to the annual financial statement audit.

"Investment Income" with Woods Bowman and Mark Hager, a chapter in A Comprehensive Approach to Nonprofit Finance: Practical Principles derived from Theory.

"The Role of Government in Governance" with Cary Coglianese, Thomas J. Healey, and Michael L. Michael. NYU Journal of Law & Business (I)233: 101-120.

"Measuring Operations: An Analysis of US Private Colleges and Universities' Financial Statements" with Mary Fischer, Teresa Gordon, and Janet Greenlee. Financial Accountability and Management 20(2), May 2004, 129-151.

"Assessing the Probability of Bankruptcy" with Stephen Hillegeist, Donald Cram, and Kyle Lundstedt. Review of Accounting Studies 9: 5-34. Also In Credit Risk: Models and Management, Second Edition, 2004, David Shimko, ed., pp. 175-212 (London, UK: Incisive Media Investments Ltd.)

"The Single Audit Act: How Compliant are Not-For-Profit Organizations?" with Mary Fischer, Theresa P. Gordon and Janet Greenlee.  Journal of Public Budgeting, Accounting and Financial Management, 17(3), Fall 2005, 285-309.

"Accounting for Membership Revenues and Fundraising Costs" with Janet Greenlee, Nonprofit Management and Leadership 15(2), Winter 2004, 251-257.

"Facing the Fiscal Crises in State Governments: National Problem, National Responsibilities" with Robert D. Behn, State Tax Notes 33(12), September 20, 2004, 833-848.

"The Cost-Effectiveness of Nonprofit Telemarketing Campaigns" with Linda M. Parsons and Andrea A. Roberts, New Directions for Philanthropic Fundraising 41, Fall 2003, 79-94.

"Reengineering Nonprofit Financial Accountability: Toward a More Reliable Foundation for Regulation" with Peter Frumkin. Public Administration Review 63(1), Jan/Feb 2003, 3-15. Recipient of the Marshall E. Dimock Award from the American Society for Public Administration.

"The Internet Downturn: Finding Valuation Factors in Spring 2000" with Robert Magee & Thomas Lys. Journal of Accounting and Economics (34), 2003, 189-236.

"Discussion of the Eyeballs Have It: Searching for the Value in Internet Stocks." Journal of Accounting Research, 2000 (Supplement), 163-169.

"A Dynamic Theory for Sustaining Process Improvement Teams in Product Development" with R. Oliva. In Advances in Interdisciplinary Studies of Team: Product Development Teams, Vol. 5., 1999, M.M. Beyerlein & D.A. Johnson, eds. (Greenwich, Connecticut: JAI Press).

"Overcoming the Improvement Paradox" with R. Oliva, N.P. Repenning, S. Rockart, & J.D. Sterman. European Management Journal 17(2), 1999, 120-134.
 

Practitioner-Oriented Articles

"On Nonprofit Investment Income" with Woods Bowman. Nonprofit Quarterly, Summer 2006, 49-53.

"When Operating Measures Don't Add Up" with Mary Fischer, Teresa Gordon, and Janet Greenlee, NACUBO Business Officer, January 2004, 33-36.

Book Review of "What Counts: Social Accounting for Nonprofits and Cooperatives" Nonprofit and Voluntary Sector Quarterly, March 2004, 33(1): 177-180

"The Numbers Game: How Important Is It? "with Peter Frumkin. Nonprofit Quarterly, Spring 2003, 4-6.

"Is There Enough Overhead in This Grant?" The Nonprofit Quarterly, Spring 2003, 41-44.


Cases

California Pension Reform, City of New York and the Tobacco Master Settlement Agreement, and Phenix Federal Credit Union available from the Kennedy School Case Study Program.

Product Development Cases (jointly with Rogelio Oliva) on AT&T Transmission Systems available from Harvard Business Online.

Cases on Aspire, Inc., the Field Museum and New York City Audubon Society available from the Center for Nonprofit Management at the Kellogg School of Management at Northwestern University.

Cases on Megachem (a chemical company selecting between various socially responsible investments) available directly from Elizabeth Keating.