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    Determinants of Executive Compensation in Public Universities: An Exploratory Study of Australian Vice Chancellors

    Access Status
    Fulltext not available
    Authors
    Evans, Robert
    Preston, Alison
    Evans, John
    Date
    2012
    Type
    Conference Paper
    
    Metadata
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    Citation
    Evans, Robert and Preston, Alison and Evans, John. 2012. Determinants of Executive Compensation in Public Universities: An Exploratory Study of Australian Vice Chancellors, in Prachalias, C. (ed), Proceedings of the 9th International Conference on Applied Financial Economics, Jun 28-30 2012, pp. 429-436. Samos Island, Greece: Research and Training Institute of East Aegean, Greece.
    Source Title
    The proceedings of the 9th international conference on applied financial economics
    Source Conference
    International Conference on Applied Financial Economics
    ISSN
    1792-3905
    URI
    http://hdl.handle.net/20.500.11937/3331
    Collection
    • Curtin Research Publications
    Abstract

    This study focuses on the pay determinants of Australian Vice Chancellors (VCs), in public owned universities using a specially constructed database over a 3 year time period. It aims to establish the degree of alignment between university outcomes and the pay of its VC. As with typical CEO pay studies it investigates size and profitability factors as predictors, however in line with the University mission it adds unique university measures of research and teaching excellence. The study finds pay to be linked to research output, low student to staff ratios and the proportion of student income derived from international students. In contrast to most private sector CEO pay studies, measures of size and profitability, although positively related to pay, are not significant.

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