UK Vice Chancellor compensation: Do they get what they deserve?

Brian Lucey; Andrew Urquhart; Hanxiong Zhang

doi:10.1016/j.bar.2022.101108

UK Vice Chancellor compensation: Do they get what they deserve?

Brian Lucey
, Andrew Urquhart
, Hanxiong Zhang

Trinity College Dublin
University of Reading
University of Surrey

Allbwn ymchwil: Cyfraniad at gyfnodolyn › Erthygl › adolygiad gan gymheiriaid

99 Wedi eu Llwytho i Lawr (Pure)

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The compensation received by UK Vice Chancellors (VCs) has been on an upward trend in recent years and attracted a lot of negative media attention. In this paper, we examine whether VCs receive the compensation they deserve. Using a panel dataset covering the academic years 2007/2008 to 2018/2019, we develop a model to predict expected VC compensation to determine whether VCs are over- or undercompensated. Our model finds that VCs are not overcompensated regarding their base salary, but some are overcompensated in terms of their benefits and pension contributions. However, there is very little difference in terms of characteristics of over- and undercompensated VCs, indicating that on average, UK VCs receive the compensation they deserve. For robustness purposes, we employ a variety of alternative model specifications and subsamples which all support our previous findings.

Iaith wreiddiol	Saesneg
Rhif yr erthygl	101108
Cyfnodolyn	British Accounting Review
Cyfrol	54
Rhif cyhoeddi	4
Dyddiad ar-lein cynnar	3 Meh 2022
Dynodwyr Gwrthrych Digidol (DOIs)	https://doi.org/10.1016/j.bar.2022.101108
Statws	Cyhoeddwyd - Gorff 2022
Cyhoeddwyd yn allanol	Ie

Mynediad at Ddogfen

10.1016/j.bar.2022.101108Trwydded: CC BY

UK Vice Chancellor compensationFersiwn derfynol wedi’i chyhoeddi, 2.31 MBTrwydded: CC BY

Dyfynnu hyn

@article{114176c65e9a45b9826ee21ecf22c4cd,

title = "UK Vice Chancellor compensation: Do they get what they deserve?",

abstract = "The compensation received by UK Vice Chancellors (VCs) has been on an upward trend in recent years and attracted a lot of negative media attention. In this paper, we examine whether VCs receive the compensation they deserve. Using a panel dataset covering the academic years 2007/2008 to 2018/2019, we develop a model to predict expected VC compensation to determine whether VCs are over- or undercompensated. Our model finds that VCs are not overcompensated regarding their base salary, but some are overcompensated in terms of their benefits and pension contributions. However, there is very little difference in terms of characteristics of over- and undercompensated VCs, indicating that on average, UK VCs receive the compensation they deserve. For robustness purposes, we employ a variety of alternative model specifications and subsamples which all support our previous findings.",

author = "Brian Lucey and Andrew Urquhart and Hanxiong Zhang",

year = "2022",

month = jul,

doi = "10.1016/j.bar.2022.101108",

language = "English",

volume = "54",

journal = "British Accounting Review",

issn = "0890-8389",