In fact, however, a reasonable consensus of experts on NPOs [non-profit organizations] agrees that their governance is generally abysmal, worse than that of for-profit corporations. NPO directors are mostly ill-informed, quarrelsome, clueless about their proper role, and dominated by the CEO — as proponents of shareholder primacy would predict. Here is the full paper by
The post What do we know about non-profit boards? appeared first on Marginal REVOLUTION.
In fact, however, a reasonable consensus of experts on NPOs [non-profit organizations] agrees that their governance is generally abysmal, worse than that of for-profit corporations. NPO directors are mostly ill-informed, quarrelsome, clueless about their proper role, and dominated by the CEO — as proponents of shareholder primacy would predict.
Here is the full paper by George W. Dent, Jr. Here is the more general literature.
The post What do we know about non-profit boards? appeared first on Marginal REVOLUTION.
Economics, Uncategorized