In this article, the author introduces the leadership approach known as “leaderful practice,” an alternative to the traditional trait-based approach of individual leadership. Leaderful practice is shown to sustain an ethical infrastructure based on democratic principles. It is democracy not...

Using an international sample of firms, we investigate the career prospects of directors of firms experiencing negative ESG issues. By tracking the same director at the same firm over time, we document a significant drop in seats held at other public firms’ boards following intense negative...

Strong forms of the stakeholder model of corporate governance hold that, in making business decisions, directors should consider the interests of all corporate constituencies (employees, customers, suppliers, shareholders, etc.) in such a way that directors may sometimes decide to transfer value...

Provides in-depth analysis of excessive executive compensation at the 20 wealthiest Massachusetts private colleges and universities during 2008-09, the academic year of the financial crisis. Analyzes both disclosed and undisclosed compensation packages as well as income inequality between highly...

This paper is written in Portuguese. Many philanthropists seek to exercise leadership on issues they are passionate about. But their resources are limited when compared to the public sector and the magnitude of social needs. To create impact, philanthropists must respond effectively to the...

We investigate the relationship between private foundation performance and managerial pay. Private foundations are an unusual organizational form in that after the death of the founder, there are no donors or other external constituencies with the power and incentives to discipline management....

The law on nonprofit directors' obligations is sparse. Nevertheless, in recent years nonprofit directors have faced increased scrutiny. This article explores this increased scrutiny and sheds light on the development of North Carolina nonprofit law as it pertains to directors' duties. North...

We examine the effect of corporate governance on both CEO compensation and several financial performance indicators in a sample of Dutch hospitals. In a series of pooled regressions, we find evidence that supports earlier findings in the literature. For instance, our results indicate that the...

Nonprofit organizations have been recently mandated to disclose the details of their executives' compensation packages. Contract information is now accessible not only to current and prospective donors, but also to rival nonprofit organizations competing for donations in the fundraising market....

We evaluate the effect of highly salient disclosure of private college and university president compensation on subsequent donations using a quasi-experimental research design. Using a differences-in-discontinuities approach to compare institutions that are highlighted in the Chronicle of Higher...