Remuneration Packages

Paper Summary:

This research paper explores whether the rank of a university has a significant effect on the salary of the Vice Chancellor and other staff at the university. The methodology in this study is both qualitative and quantitative in nature, and is conducted through an extensive review of literature in this area of study. The paper relates that the findings of the study show that university rank has a significant effect on the salary of Vice Chancellors because of limitations in financial resources at these institutions. Other findings in this study are that two factors hold primary influence in the remuneration package awarded to VCs at UK universities which are the factors of: (1) internal pay scales of other academic employees; and (2) external pay scales of CEOs in other similar size firms in the UK.

Outline:
Abstract
Introduction
Objectives
Research Question
Hypotheses of the Study
Background of the Study
Remainder of the Study: Chapter Outline
Literature Review
Part One (Qualitative Analysis)
Chapter Three
Methodology
Chapter Four
Analysis of Findings
Chapter 5
Conclusion
Recommendations of the Study

From the Paper:

"Modell writes that this specific logic is found to be "compatible with the realist ontology, grounded in the presumed existence of an objective empirical reality independent of human cognition, underpinning the functionalist paradigm. That is, by adopting a strategy of triangulation it is possible to improve the capture of a particular phenomenon, the 'real' nature of which is of a singular kind and thus beyond dispute." The researcher may, through carefully developing strategies for research "avoid or reduce the bias associated with any one method such as the law-like regularities making up the world are represented with greater accuracy."

Sample of Sources Used:

• Amess, Kevin; and Drake, Leigh (2003) Executive Remuneration and Firm Performance: Evidence From a Panel of Mutual Organizations. September 2003.
• Baimbridge, M. and C. Simpson (1996). "Rewards to Academia: the Remuneration of Vice-Chancellors and Principals." Applied Economics, 28: 631-639.
• Bates, Joshua and Ward, Chris (2006)AUT Demand Inquiry on Vice-Chancellors' Pay Increases. Barefacts - The University of Surrey Students' Newspaper. Issue No. 12.
• Bebchuk and Fried (2003), 'Executive Compensation as an Agency Problem', Working Paper 9813, National Bureau of Economic Research.
• Cadbury Report (1992) Committee on the Financial Aspects of Corporate Governance, Financial Reporting Council, London.

More papers on Remuneration Packages:

• Research Paper # 106698 : "Remuneration Packages of UK University Executives"
• Research Paper # 111517 : "Remuneration Packages of UK University Executives"
• Research Paper # 54749 : "Executive Compensation and Stock Performance"

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