| Abstract title: |
Limited liability companies and development agencies |
| Author: |
John Grierson |
| Issue: |
Volume 5, Number 1 1995 |
The use of the development limited liability company (LLC) is expanding. There are important differences between the broad social goals of development and the narrow economic ones of the LLC: they are concerned with people and profit respectively. The author discusses the problems likely to arise when NGOs attempt to use LLCs directly, as part of their administrative or funding arrangements.
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