Charity Trustees: Governance Duties and Conflicts of Interest

Abstract

This article reports the results of an extensive survey of charity trustees in England and Wales in relation to governance duties and conflicts of interest. The results help discern trustees’ understanding of, and confidence with, their governance duties, their enthusiasm for practical assistance with these duties, the strength of their conflicts management procedures, as well as compliance motivations and perceived barriers to enhanced governance and compliance. This in turn assists in critical evaluation of the effectiveness of the governance and regulatory system of charities in England and Wales.

Keywords: conflicts of interest, fiduciary duties, charity trustees, governance duties, Charities Act 2011 (UK), CIOs, directors' duties, regulation

JEL Classification: K10, K20