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Philanthropy by Decree
Author(s) -
Boesso Giacomo,
Cerbioni Fabrizio,
Menini Andrea,
Parbonetti Antonio
Publication year - 2015
Publication title -
nonprofit management and leadership
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.844
H-Index - 54
eISSN - 1542-7854
pISSN - 1048-6682
DOI - 10.1002/nml.21122
Subject(s) - decree , corporate governance , sample (material) , power (physics) , control (management) , capital (architecture) , accounting , business , sociology , public relations , management , economics , political science , law , finance , quantum mechanics , history , chemistry , physics , archaeology , chromatography
This article investigates the relationship among nonprofit foundations’ choice of philanthropic strategy (expressive, receptive, proactive, and collaborative) and sound governance, as measured by board capital (competencies and networks), board processes (planning, control, evaluation, and so on), and chairman power (entrenchment and tenure). Using a sample of fifty‐one Italian foundations of banking origins, this article shows that high levels of board capital, complete board processes, and chairman long tenure are positively associated with proactive and collaborative philanthropic strategies.