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How Effective Are Charity Managers?: Evidence from a Panel of Charities

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  • Bradley Minaker

Abstract

This paper presents the first causal evidence of the role that charity managers play in the financial performance of a charity. Using a novel data set 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 more than $650,000. Married couples are found to have a larger effect than individuals, and female managers are shown to have a larger effect than male managers. I then present extensions that show that the baseline model overestimates the effect of the managers.

Suggested Citation

  • Bradley Minaker, 2021. "How Effective Are Charity Managers?: Evidence from a Panel of Charities," Journal of Human Resources, University of Wisconsin Press, vol. 56(2), pages 632-654.
    • Handle: RePEc:uwp:jhriss:v:56:y:2021:i:2:p:632-654
    Note: DOI: 10.3368/jhr.56.2.0517-8767R2
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    File URL: http://jhr.uwpress.org/cgi/reprint/56/2/632
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    Cited by:

    1. Johannes Carow, 2024. "A critical assessment of the two-way fixed-effects model for firm-level dependent variables," Working Papers 2405, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz.
    2. Samuel Cole & Duha T. Altindag, 2023. "Managerial turnover in primary care clinics," Economic Inquiry, Western Economic Association International, vol. 61(4), pages 942-964, October.

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