Nonprofit CEOs who opt for lower pay lead more effective organizations, VCU research shows

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CEOs of nonprofits who purposefully earn less than their peers tend to lead organizations with superior performance, according to a new study conducted by two Virginia Commonwealth University School of Business professors.

Serving Others at the Expense of Self: The Relationship between Nonprofit CEO Compensation and Performance in Trade and Professional Associations,” co-authored by Christopher S. Reina, Ph.D., and Joseph E. Coombs, Ph.D., was published in the latest issue of the Journal of Public and Nonprofit Affairs.

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