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Full-Text Articles in Social and Behavioral Sciences
A Study Of The School Principal Labor Market In Arkansas: Implications For Incentive-Based Compensation Policies To Improve Principal Quality, Marc Jacob Holley
A Study Of The School Principal Labor Market In Arkansas: Implications For Incentive-Based Compensation Policies To Improve Principal Quality, Marc Jacob Holley
Graduate Theses and Dissertations
Improving principal quality in Arkansas may be a partial solution to the public policy problem of low performing public schools. Just as policymakers in other states are beginning to explore incentive-based compensation policies to improve principal quality, education policymakers in Arkansas should look to these policies as a way to align goals and minimize agency costs. Setting incentives tied to transparent, publicly available performance measures can resolve monitoring difficulties inherent in principal-agent relationships and can improve goal congruence by signaling clearly about policy priorities. Before plowing forward with performance pay reforms for school principals, Arkansas policymakers could make better decisions …