Paying Our Presidents: What Do Trustees Value?

Paying Our Presidents: What Do Trustees Value?
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支付我们的总统:受托人看重什么?

DOI:
10.1353/rhe.2001.0014
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发表时间:
2000
期刊:
The Review of Higher Education
影响因子:
--
通讯作者:
Julia Epifantseva
Julia Epifantseva
中科院分区:
--
文献类型:
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作者:
Ronald G. Ehrenberg;John J. Cheslock;Julia Epifantseva

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我们使用1992-93年至1996-97年期间私立大学和学院校长的薪酬和福利的面板数据,试图推断这些机构的受托人重视的因素。工资水平方程表明,校长的工资和薪酬与其所在机构的招生和捐赠水平以及入学学生的考试成绩呈正相关。对在任四年的校长的薪资和薪酬变化方程的估计只提供了微弱的证据,表明校长的加薪与他们的筹款成功有关,也没有证据表明他们会因为所在机构的新生考试成绩提高而获得奖励。
We use panel data on the salaries and benefits of private university and college presidents for the 1992-93 to 1996-97 period to try to infer the factors that the trustees of these institutions value. Salary level equations suggest that the salary and compensation of the presidents are positively associated with the enrollment and endowment levels of their institutions and the test scores of their entering students. Salary and compensation change equations estimated for the presidents who remained in their positions for four years provide only weak evidence that presidents' pay increases are related to their fund raising success and no evidence that they get rewarded for their institutions' freshmen test scores increasing.