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Trustee Compensation And Charity Care Provision In US Nonprofit Hospitals
Ge Bai1, Sebahattin Demirkan2, Hossein Zare3
1Ge Bai (gbai@jhu.edu), Johns Hopkins University, Baltimore, Maryland.
Abstract:
In 2019 more than one-third of US nonprofit hospitals compensated their trustees. These hospitals provided less charity care than nonprofit hospitals that did not compensate their trustees. We found that trustee compensation was negatively associated with hospitals' charity care provision and that it may affect the self-selection of trustees and their fulfillment of their fiduciary duties.
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