Corporate > AG Deal Diary > Recommended Reading: What Can For-Profit and Nonprofit Boards Learn from Each Other?
05 Jun '15

This week, we highlight this paper on What Can For-Profit and Nonprofit Boards Learn from Each Other?, by Nicholas Donatiello, David Larcker and Brian Tayan.

This publication focuses on lessons that for-profit and nonprofit directors can learn from each other, including:

Lessons for Nonprofits:

  • Formal governance processes
  • Focus on fiduciary obligations
  • Expertise and stability

Lessons for Corporate Boards:

  • Balanced power with CEO
  • CEO compensation
  • Gender balance

Lessons for Both:

  • Nonfinancial performance measurement
  • CEO succession planning
  • Racial diversity