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Governance and Funds Allocation in United States Medical Research Charities (2000)

Dyl, Edward A. ; Frant, Howard L. ; Stephenson, Craig A.

Oxford, UK and Boston, USA : Blackwell Publishers

Financial accountability and management 16 (2000), S. 0

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ISSN: 1468-0408

Source: Blackwell Publishing Journal Backfiles 1879-2005

Topics: Economics

Notes: We examine boards of directors of medical research charities and find that medical charities spend less on program activities and more on fund-raising when the executive director of the charity serves on the board of directors, especially when the board is small. Executive salaries are also higher at charities where management is represented on the board. Management and general expenses and fund balances are, however, unrelated either to the presence of an insider on the board or to the size of the board.

Type of Medium: Electronic Resource

URL: http://dx.doi.org/10.1111/1468-0408.00111

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