MANDEL CENTER FOR NONPROFIT ORGANIZATIONS

EDITORS' PRIZE

Announcing the 2007 Recipient of
The Editors' Prize
for Best Scholarly Paper in
Nonprofit Management and Leadership

Volume 16

The editorial and advisory boards of Nonprofit Management and Leadership, the Mandel Center for Nonprofit Organizations, and Jossey-Bass Publishers, Inc., are pleased to announce that the Editors' Prize for Volume 16 has been awarded to

Matthew M. Hodge and Ronald F. Piccolo

for their article

"Funding Source, Board Involvement Techniques, and Financial Vulnerability in Nonprofit Organizations: A Test of Resource Independence"

Dr. Hodge and Professor Piccolo's study tested a resource dependence view of the organization on a sample of nonprofit social service agencies. Results indicated that CEOs of privately funded nonprofit agencies were more likely to use board involvement techniques than CEOs of government-funded or commercially supported organizations. Privately funded agencies were also less vulnerable to economic shock. "Engaging the organization's board of directors in a way that encourages member participation in strategic planning, committee involvement, and resource development will likely reduce the organization's vulnerability," the authors wrote. "In addition, consistent with a resource dependence perspective, our study suggests that flexibility with resources has a positive influence on an organization's financial stability."

Matthew M. Hodge is executive director of the Seminole Community College Foundation. He holds a Ph.D. in public affairs from the College of Health and Public Affairs at the University of Central Florida.

Ronald F. Piccolo, who holds a Ph.D. from the University of Florida and an M.B.A. from the Crummer Graduate School of Business at Rollins College, is an assistant professor in the Department of Management at the University of Central Florida. His research interests include leadership and social information processing, risk-taking behavior, and team interaction and process.

The Editors' Prize is awarded annually for the best paper published in NML during the preceding subscription year. Winners receive a $1,000 cash prize courtesy of the Mandel Center for Nonprofit Organizations and $1,000 in books from Jossey-Bass.

Winners are selected by the members of the editorial and advisory boards of NML. Criteria are based on the author's contribution to knowledge in the field of nonprofit management, the quality of the writing and analysis, and the usefulness of the information for the practice of nonprofit management and leadership.