The Impact Of The Board Of Directors And Human Capital Investment On The Financial Performance Of The Organization Is Explored

In the development of today's society,the non-profit organizations as the important supplement of social public service,its development directly affects the quality of the service for social stability,but for the moment,non-profit organizations still showed a lack of ability to raise funds,the overall performance is not an ideal situation,for the organization's sustainable development there still are some threats,how to improve the performance of non-profit organization has become an important topic,the question is from which angle.This paper focus on non-profit organizations in the public offering foundation,based on the 2015-2018 annual work report of the related data,from the board governance structure,full-time staff and human capital investment perspective to explore the related factors influencing the financial performance of non-profit organizations,and studied the middle of the path of the board governance structure influence on organizational financial performance,and the adjustment effect of the behavioral variables of directors.According to the empirical analysis results,among the variables of governing structure of the council,the number of directors holding formal positions positively affects the public support degree,financing ability and cost level of the organization,and at the same time inhibits the human capital input of the organization to the full-time staff.The proportion of remunerated members in the board of directors will has a positive impact on the public support degree and cost level of the organization,and at the same time can promotes the human capital investment of the organization for full-time staff;The proportion of women directors has a positive effect on the organizational fund-raising ability;The average age of directors will positively affects the public support degree and cost level of the organization,but negatively affects the organizational fund-raising ability and inhibits the human capital investment of the organization for full-time staff.As for the variables of full-time staff's human capital input,it has a direct negative impact on the public support degree,public welfare and cost level of the organization,and a direct positive impact on the organizational fund-raising ability.At the same time,thefull-time staff's human capital investment also plays a mediating effect in the relationship between some variables of the governing structure of the council and some dimensions of organizational performance,while the council's diligence plays a moderating effect in the relationship between the full-time staff's human capital investment and the organization's public welfare and organizational fund-raising ability.Based on the results of this article,on the one hand,further verified the board governance structure influence of the organization's financial performance,at the same time,it adds a perspective on the investment of full-time staff's human capital,its direct and indirect effects on organizational performance are demonstrated,and proved the regulating effect of member behavior,enrich the research on non-profit organizations,what's more,it provides practical suggestions for improving the financial performance of the organization.