RT Journal Article
SR Electronic
T1 How Effective Are Charity Managers? Evidence from a Panel of Charities
JF Journal of Human Resources
JO J Hum Resour
FD University of Wisconsin Press
SP 0517-8767R2
DO 10.3368/jhr.56.2.0517-8767R2
A1 Minaker, Bradley
YR 2019
UL http://jhr.uwpress.org/content/early/2019/10/07/jhr.56.2.0517-8767R2.abstract
AB This paper presents the first causal evidence of the role that charity managers play in the financial performance of a charity. Using a novel dataset of Canadian charities, I find that a one standard deviation increase in manager ability leads to a 0.516 standard deviation increase in total revenue, which amounts to over $650,000. Married couples are found to have a larger effect than individuals and female managers are showed to have a larger effect than male managers. I then present extensions that show that the baseline model overestimates the effect of the managers.