TALLINN UNIVERSITY OF TECHNOLOGY School of Business and Governance Department of Economics and Finance Aivar Kamal EFFICIENCY ANALYSIS OF NON-PROFIT YOUTH WORK ORGANISATIONS IN ESTONIA Bachelor’s thesis Programme International Business Administration, specialisation Finance Supervisor: Simona Ferraro, PhD Tallinn 2021 I hereby declare that I have compiled the thesis independently and all works, important standpoints and data by other authors have been properly referenced and the same paper has not been previously presented for grading. The document length is 10,068 words from the introduction to the end of conclusion. Aivar Kamal …………………………… (signature, date) Student code: 185038TVTB Student e-mail address:
[email protected] Supervisor: Simona Ferraro, PhD: The paper conforms to requirements in force …………………………………………… (signature, date) Chairman of the Defence Committee: Permitted to the defence ………………………………… (name, signature, date) TABLE OF CONTENTS ABSTRACT .................................................................................................................................... 4 LIST OF ABBREVIATIONS ......................................................................................................... 5 INTRODUCTION ........................................................................................................................... 6 1. EFFICIENCY OVERVIEW AND MEASUREMENTS ........................................................ 8 1.1. Efficiency concept ...........................................................................................................