Institutional determinants of university CEOs' compensation - evidence from the UK

Lee, Chew Ging; Ng, Pek Kim

doi:10.1504/gber.2015.068564

Cited by 2 publications

(2 citation statements)

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“…The study reports that performance related variables play a very limited role in determining public university presidents' executive compensation, thus supporting the notion that public university presidents are paid like bureaucrats (Cheng, 2014). Lee and Ng (2015) examine whether chief executive officers (CEOs) of higher education institutions in the United Kingdom are rewarded for the performance of their firms. Results clearly show a link between firm performance and pay.…”

Section: Prior Literature: a Brief Reviewmentioning

confidence: 84%

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Negotiation and bargaining power in the determination of administrative wages in academe

et al. 2022

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We develop a sequential game representing bargaining between a public university and a professor over a vacant administrative position, such as an academic deanship. We find that the administrative salary is an increasing function of the job candidate's salary, the prior dean's salary, the price of undergraduate courses, elasticity of the wage differential, and faculty productivity. The game also indicates that if the new dean is female or minority, and if the previous dean's salary is important, then one can conclude that the professor is able to circumvent wage discrimination given that the salaries of public university officials are publicly available.

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Section: Prior Literature: a Brief Reviewmentioning

confidence: 84%

“…Lee and Ng (2015) examine whether chief executive officers (CEOs) of higher education institutions in the United Kingdom are rewarded for the performance of their firms. Results clearly show a link between firm performance and pay.…”

Section: Prior Literature: a Brief Reviewmentioning

confidence: 99%