The role of rating agencies in the market for charitable contributions: An empirical test

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Warm Glow or Cold, Hard Cash? Social Identity Effects on Consumer Choice for Donation versus Discount Promotions (2011, background): “Indeed, previous research has shown that the availability of Charity Navigator ratings affects consumer giving, with declining ratings resulting in fewer contributions to organizations (Gordon, Knock, and Neely 2009).”
Do Donors Discount Low-Quality Accounting Information? (2013, background): “Research shows that donors tend to follow the guidance of these watchdogs (Gordon et al. 2009; Chen 2009; Sloan 2008).”
The Determinants of Voluntary Financial Disclosure by Nonprofit Organizations (2012, unknown): “…Internet has given citizens a far greater role in policing the nonprofit sector—for instance, in how the widespread availability of Form 990 data in the United States has led to the rise of powerful online “watchdog” organizations such as Guidestar and Charity Navigator (see Gordon et al., 2009).”