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

Research output: Contribution to journal › Article › peer-review

Standard Standard

UK Vice Chancellor compensation: Do they get what they deserve? / Lucey, Brian; Urquhart, Andrew; Zhang, Hanxiong.
In: British Accounting Review, Vol. 54, No. 4, 101108, 07.2022.

Research output: Contribution to journal › Article › peer-review

HarvardHarvard

Lucey, B, Urquhart, A & Zhang, H 2022, 'UK Vice Chancellor compensation: Do they get what they deserve?', British Accounting Review, vol. 54, no. 4, 101108. https://doi.org/10.1016/j.bar.2022.101108

APA

Lucey, B., Urquhart, A., & Zhang, H. (2022). UK Vice Chancellor compensation: Do they get what they deserve? British Accounting Review, 54(4), Article 101108. https://doi.org/10.1016/j.bar.2022.101108

CBE

Lucey B, Urquhart A, Zhang H. 2022. UK Vice Chancellor compensation: Do they get what they deserve?. British Accounting Review. 54(4):Article 101108. https://doi.org/10.1016/j.bar.2022.101108

MLA

Lucey, Brian, Andrew Urquhart, and Hanxiong Zhang. "UK Vice Chancellor compensation: Do they get what they deserve?". British Accounting Review. 2022. 54(4). https://doi.org/10.1016/j.bar.2022.101108

VancouverVancouver

Lucey B, Urquhart A, Zhang H. UK Vice Chancellor compensation: Do they get what they deserve? British Accounting Review. 2022 Jul;54(4):101108. Epub 2022 Jun 3. doi: 10.1016/j.bar.2022.101108

Author

Lucey, Brian ; Urquhart, Andrew ; Zhang, Hanxiong. / UK Vice Chancellor compensation: Do they get what they deserve?. In: British Accounting Review. 2022 ; Vol. 54, No. 4.

RIS

TY - JOUR

T1 - UK Vice Chancellor compensation: Do they get what they deserve?

AU - Lucey, Brian

AU - Urquhart, Andrew

AU - Zhang, Hanxiong

PY - 2022/7

Y1 - 2022/7

N2 - 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.

AB - 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.

U2 - 10.1016/j.bar.2022.101108

DO - 10.1016/j.bar.2022.101108

M3 - Article

VL - 54

JO - British Accounting Review

JF - British Accounting Review

SN - 0890-8389

IS - 4

M1 - 101108

ER -