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Honors Papers

Theses/Dissertations

2007

Presidents

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Full-Text Articles in Social and Behavioral Sciences

On The Relation Between Pay And Performance: Presidents Of Liberal Arts Colleges, Imran Lalani Jan 2007

On The Relation Between Pay And Performance: Presidents Of Liberal Arts Colleges, Imran Lalani

Honors Papers

This paper uses panel data on the salaries and benefits of liberal arts college presidents during the period 2001-02 to 2003-04 to understand what presidents are rewarded for. We try and develop a basic framework in which to understand the president's role in the institution, and attempt to explain what some claim is a combination of high wages and relatively weak pay for performance.

The rising income inequality in America has been the subject of much heated debate in the recent past. 'Excessive' executive pay has been a recurrent theme during 2007 so far, with the Senate gearing up to …