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Donor And Grantor Reactions To Ceo Compensation In Nonprofit Organizations, Stacey Renee Kaden
Donor And Grantor Reactions To Ceo Compensation In Nonprofit Organizations, Stacey Renee Kaden
Graduate Theses and Dissertations
Nonprofit organizations often rely on donations and grants to accomplish their mission. This study examines whether nonprofit organizations with high CEO compensation receive less in donor and grantor support compared to nonprofit organizations with lower CEO compensation. I find strong evidence that both donors and grantors give less to organizations that spend a larger percentage of total expenses on total CEO compensation. I also find that the reactions of donors and grantors differ based on the type of CEO compensation. While donors and grantors react to CEO base compensation, grantors also react to other CEO compensation and nontaxable benefits.
In …