Does the Structure and Composition of the Board Matter? The Case of Nonprofit Organizations
30 Pages Posted: 1 Oct 2002
Date Written: September 2002
This paper presents empirical results of the effects of board structure and composition on individual board level performance using data from New York City nonprofits. The results support a model of executive behavior in which the nonprofit executive uses his or her power to push boards towards fundraising in place of monitoring activity. Using a fixed effect framework, we also find no systematic relationship between board personal demographics and performance.
Keywords: Boards, Governance, Nonprofit Organizations
JEL Classification: L2, L3, G3
Suggested Citation: Suggested Citation