CEO Characteristics And Performance Of Nonprofit Organizations: The Evidence From Yemen.
Abstract
While CEOs play a central role in nonprofit organizations (NPOs), their influence has been relatively underexplored in research. This study takes a significant step toward addressing this gap by examining the impact of CEOs personal and human capital characteristics on the performance of Yemeni NPOs, with a focus on the interactive effects of human capital attributes. Data were collected using an online survey completed by 322 NPOs, yielding a response rate of 67.50%. Using hierarchical regression analysis, the findings reveal a positive correlation between CEO experience, education, and age, and the performance of NPOs. Moreover, the interactions between CEO experience and education, as well as education and age, further enhance organizational performance. Interestingly, NPOs led by unmarried CEOs were found to perform better than those led by married CEOs. These results align with human capital theory and offer practical insights for making informed decisions when selecting CEOs in the nonprofit sector.