MEASURING GOVERNANCE OF NONPROFIT ORGANIZATIONS: GOVERNANCE INDEX PROPOSAL
DOI:
https://doi.org/10.22561/cvr.v32i3.6661Keywords:
governance, governance index, third sector, nonprofit organizationsAbstract
The objective is to propose a Governance Index for the Third Sector (IGov3S) that expresses the governance profile of Nonprofit Organizations (NPOs). Data was collected through a documentary survey, and the sample consisted of 108 NPOs from the environmental sector operating in Brazil. The data was analyzed by multiple correspondence analysis (IGov3S dimensions and weights), cluster analysis (identification of IGov3S levels), and variance analysis with Hochberg post-hoc test (IGov3S validation). Six governance dimensions were identified from these analyses, from which the IGov3S was developed. Then, four distinct governance profiles were calculated, resulting in the quality classification of the IGov3S at four levels. The results of this research can contribute to researchers interested in this theme that can avail themselves of a measure composed of governance in the nonprofit sector either as a dependent, independent, or control variable in their empirical models, bypassing methodological restrictions resulting from the correlation between indicators generally used as a proxy for measuring governance.
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