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Keywords: labor donation
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Journal Articles
The Effect of State Minimum Wage Increases on CEO Compensation: Evidence of Labor Donation in Nonprofit Organizations
Available to Purchase
Journal:
The Accounting Review
The Accounting Review (2025) 100 (1): 29–53.
Published: 01 January 2025
...Steven Balsam; Connie X. Mao; Min Xu; Yinge Zhang (Jack) ABSTRACT In this paper, we test the “labor donation” hypothesis, which posits that intrinsically motivated individuals willingly accept lower compensation to work in nonprofit organizations (NPOs). We do so by examining the response of NPO...
