This article examines the effects of board turnover on nonprofit financial performance: resource acquisition and utilization. Governing board members play key roles in connecting organizations with external environments and ensuring that executives properly manage the organizations to achieve organizational missions. They also help in effectively attracting and appropriately utilizing financial resources. Given the importance of governing board members, any turnover occurring in the board should affect nonprofit financial performance. Using insights from organizational theories, we argue that the relationship between board turnover and the ability of UW organizations to acquire and utilize funds is nonlinear (first positive and then negative). We find general support for the hypothesis, which yields implications for both research and practice of board governance and human resources management in the nonprofit sector.

中文翻译：

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非营利性董事会更替率和财务绩效：检查 United Way 组织中的最佳董事会更替率

本文研究了董事会更替对非营利财务绩效的影响：资源获取和利用。董事会成员在将组织与外部环境联系起来以及确保高管正确管理组织以实现组织使命方面发挥着关键作用。它们还有助于有效吸引和适当利用金融资源。鉴于董事会成员的重要性，董事会中发生的任何更替都应影响非营利组织的财务业绩。使用组织理论的见解，我们认为董事会更替与 UW 组织获取和利用资金的能力之间的关系是非线性的（先是正的，然后是负的）。我们发现对假设的普遍支持，