1. Factors related to university presidents' pay: An examination of private colleges and universities.
- Author
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Tang, Thomas Li-Ping, Tang, David Shin-Hsiung, and Tang, Cindy Shin-Yi
- Subjects
- *
COLLEGE presidents , *PRIVATE universities & colleges , *WAGES - Abstract
In this research, we used institutional characteristics and market-related factors to predict university president's pay, benefits, and total compensation at 190 private colleges and universities. Results showed that university CEOs' pay was related to the expenditures, type of institution, the existence of professional schools, and academic reputation ranking, while their benefits package was related to the expenditure, type of institution, reputation ranking, and undergraduate student's tuition. CEOs' total compensation (pay and benefits combined) was related to the expenditures, type of institution, reputation ranking, and tuition. Results of this study support the notion that agency theory can be used to provide a theoretical framework to predict university CEOs' pay, benefits, and total compensation. [ABSTRACT FROM AUTHOR]
- Published
- 2000
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