Keeping nonprofit CEOs out of the room when boards decide what to pay them yields good results
- Written by Ilona Babenko, Associate Professor of Finance, Arizona State University
It's hard for boards to make good decisions about what to pay someone who has a seat at the table.Shannon Fagan/The Image Bank via Getty ImagesThe Research Brief is a short take about interesting academic work.
The big idea
Keeping nonprofit chief executive officers out of meetings when members of their boards discuss or vote on compensation can...