Publication Date

2016

Document Type

Article

Abstract

Using principal-agent theories, this study examined differences in the perceptions of nonprofit chief executive officers (CEOs) and board chairs on key governance aspects, including board performance, leadership, satisfaction with diversity, and board meetings. Using data from the CEOs and board chairs of 474 nonprofit organizations, we found statistically significant differences in the governance perceptions of these leaders of nonprofit organizations. The findings provide support for an agency theory explanation about the differing interests of principals (board chairs) and agents (CEOs). The findings suggest that these two sets of nonprofit actors frequently operate from different perspectives, potentially affecting the governance of their organizations. © 2016 Wiley Periodicals, Inc.

Publication Title

Nonprofit Management and Leadership

Volume

26

Issue

4

First Page

489

Last Page

498

DOI

10.1002/nml.21199

Version

pre-print, post-print (with 12 month embargo)

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