Nonprofit board turnover and financial performance: Examining optimal board turnover rate in United Way organizations
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Author
An, Seung‐HoAffiliation
School of Government and Public Policy, University of ArizonaIssue Date
2021-03-22Keywords
nonprofit board turnovernonprofit financial performance
optimal board turnover rate
turnover-performance relationship
United Way organizations
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Jossey-Bass Inc., PublishersCitation
An, S. H. (2021). Nonprofit board turnover and financial performance: Examining optimal board turnover rate in United Way organizations. Nonprofit Management and Leadership.Rights
© 2021 Wiley Periodicals LLCCollection Information
This item from the UA Faculty Publications collection is made available by the University of Arizona with support from the University of Arizona Libraries. If you have questions, please contact us at repository@u.library.arizona.edu.Abstract
This article examines the effects of board turnover on nonprofit financial performance: resource acquisition and utilization. Governing board members play key roles in connecting organizations with external environments and ensuring that executives properly manage the organizations to achieve organizational missions. They also help in effectively attracting and appropriately utilizing financial resources. Given the importance of governing board members, any turnover occurring in the board should affect nonprofit financial performance. Using insights from organizational theories, we argue that the relationship between board turnover and the ability of UW organizations to acquire and utilize funds is nonlinear (first positive and then negative). We find general support for the hypothesis, which yields implications for both research and practice of board governance and human resources management in the nonprofit sector. © 2021 Wiley Periodicals LLCISSN
1048-6682EISSN
1542-7854Version
Final accepted manuscriptae974a485f413a2113503eed53cd6c53
10.1002/nml.21461
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