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An analysis of the determinants of managerial pay in the czech republic

Author

Listed:
  • Tor Eriksson
  • Jaromír Gottwald
  • Pavel Mrázek

Abstract

The purpose of this paper is to examine the determinants of the variation inCzech managers' pay levels. The main questions we attempted to answer: Arethe managers in stateowned firms compensated differently than those inprivate owned firms? How much of hte difference in pay is explained bydifferences in individual characteristics and job levels? What is theimportance of the regional location or the industry affiliation of the firmsfor managerial pay differentials? For this purpose we used data from across-section of Czech managers in 1996 and estimated earnings equationsaugmented with a host of explanatory variables related to firm and jobcharacteristics.

Suggested Citation

  • Tor Eriksson & Jaromír Gottwald & Pavel Mrázek, 1999. "An analysis of the determinants of managerial pay in the czech republic," Prague Economic Papers, Prague University of Economics and Business, vol. 1999(3).
    • Handle: RePEc:prg:jnlpep:v:1999:y:1999:i:3:id:47
    DOI: 10.18267/j.pep.47
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    Cited by:

    1. Tor Eriksson, 2005. "Managerial pay and executive turnover in the Czech and Slovak Republics," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 13(4), pages 659-677, October.

    More about this item

    Keywords

    managerial compensation; transition economy;

    JEL classification:

    • J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods
    • J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations
    • P23 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Factor and Product Markets; Industry Studies; Population

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