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dc.contributor.authorBachan, Rayen
dc.date.accessioned2008-12-02-
dc.date.accessioned2010-07-07T11:51:21Z-
dc.date.available2010-07-07T11:51:21Z-
dc.date.issued2008-
dc.identifier.piurn:nbn:de:101:1-20081202172en
dc.identifier.urihttp://hdl.handle.net/10419/35394-
dc.description.abstractThe pay determining process of CEOs of UK higher education institutions is modelled using three econometric methodologies applied to a large and unique dataset for the academic years 1997/98 through to 2005/06. A gender differential in pay is detected and this differential remains robust across the specifications reported and across higher education sub-sectors. There is evidence that CEOs with industrial work experience and those who have been employed by a higher education body earn more than their counterparts without these attributes. We also find that CEOs are rewarded favourably on the termination of their contracts. There is little evidence that institutional characteristics influence pay after controlling for institution fixed effects. There is only limited evidence that they are rewarded for the 'performance' of the institutions they manage, but are rewarded favourably by increasing the volume of tuition fees. There is some support for 'tournament theory' as an explanation for the determination of CEO pay in this labour market.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x3858en
dc.subject.jelJ45en
dc.subject.ddc330en
dc.subject.keywordCEOen
dc.subject.keywordpayen
dc.subject.keywordperformanceen
dc.subject.keywordpublic sectoren
dc.subject.keywordhigher educationen
dc.subject.keywordfixed effectsen
dc.subject.stwFührungskräfteen
dc.subject.stwGehalten
dc.subject.stwHochschuleen
dc.subject.stwLeistungsorientierte Vergütungen
dc.subject.stwGroßbritannienen
dc.titleOn the determinants of pay of CEOs in UK public sector higher education institutions-
dc.type|aWorking Paperen
dc.identifier.ppn58616152Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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