2019
DOI: 10.1007/s10479-019-03275-2
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Chief executive pay in UK higher education: the role of university performance

Abstract: Remuneration for chief executives in UK higher education-known as Vice Chancellors (VCs)-has been on an upward trend in recent years, and VCs have received criticism that their performance does not warrant such reward. We investigate the relationship between VC pay and performance (rooted in principal agent theory), taking into account an array of other possible determinants. Deriving measures of VC performance is difficult as VCs are agents for various principals, and each principal may be interested in a dif… Show more

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Cited by 19 publications
(27 citation statements)
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“…… The evidence suggests that the presence of highly-paid staff impacts positively on VC pay. (Bachan & Reilly, 2015, p. 69) This finding was confirmed by Johnes and Virmani (2020).…”
Section: Remuneration and Governancementioning
confidence: 73%
See 1 more Smart Citation
“…… The evidence suggests that the presence of highly-paid staff impacts positively on VC pay. (Bachan & Reilly, 2015, p. 69) This finding was confirmed by Johnes and Virmani (2020).…”
Section: Remuneration and Governancementioning
confidence: 73%
“…Research demonstrates rapid and relatively recent increases in VCs' remuneration with little connection between pay and performance (Bachan & Reilly, 2015;Johnes & Virmani, 2020). Further, there is a demonstrated link between these increases and formulaic pay-setting mechanisms such as benchmarking (Gschwandtner & McManus, 2018).…”
Section: Introductionmentioning
confidence: 99%
“…where E ev , E e d , E t , E p , and E c , respectively, represent the online course demand, learners' psychological characteristics, learning motivation, learning interest, and the selection form of higher education course learning content and w evi , w e du , w tra , w pri , and w con , respectively, represent learners' preference coefficient for higher education course task activities [16]; learning effect of the optimized selection of teaching content of higher education courses at a certain stage is given by…”
Section: Update Of Higher Education Curriculum Design Processmentioning
confidence: 99%
“…. , ω T n ) calculated by formula (16), and then sort the comprehensive decisionmaking attribute values of each higher education course to obtain the optimal course of higher education, and establish the optimal course design model of higher education, as shown in Figure 1.…”
Section: Establishing the Optimal Curriculum Design Model Of Higher Educationmentioning
confidence: 99%
“…Using data on 149 VCs over the period 2009-2017 Johnes and Virmani (2019) examined the relationship between university performance and VC pay. They employed three measures of university performance: a measure of managerial efficiency, performance in media produced university rankings and a measure of financial stability.…”
Section: Literature On Vice Chancellors' Paymentioning
confidence: 99%