IDEAS home Printed from https://ideas.repec.org/a/spr/reihed/v60y2019i1d10.1007_s11162-018-9501-7.html
   My bibliography  Save this article

The Impact of U.S. News College Rankings on the Compensation of College and University Presidents

Author

Listed:
  • Ryan Yeung

    (Urban Policy and Planning)

  • Philip Gigliotti

    (University at Albany, SUNY)

  • Phuong Nguyen-Hoang

    (University of Iowa)

Abstract

Widespread attention to college tuition and student loan debt has resulted in increasing scrutiny of high levels of compensation for college and university administrators. Prior research has sought to identify a “pay for performance” relationship in executive compensation, but discovered no clear link between presidential salaries and performance measures. This study proposes U.S. News & World Report college rankings as a highly meaningful performance metric and employs a fixed effects regression model to determine the relationship between college rankings and presidential salary. We find a significant relationship between rank and presidential salary at public universities, but not at private universities and liberal arts colleges, consistent with an academic capitalism model.

Suggested Citation

  • Ryan Yeung & Philip Gigliotti & Phuong Nguyen-Hoang, 2019. "The Impact of U.S. News College Rankings on the Compensation of College and University Presidents," Research in Higher Education, Springer;Association for Institutional Research, vol. 60(1), pages 1-17, February.
    • Handle: RePEc:spr:reihed:v:60:y:2019:i:1:d:10.1007_s11162-018-9501-7
    DOI: 10.1007/s11162-018-9501-7
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11162-018-9501-7
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s11162-018-9501-7?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. repec:mpr:mprres:6050 is not listed on IDEAS
    2. Monks, James, 2007. "Public versus private university presidents pay levels and structure," Economics of Education Review, Elsevier, vol. 26(3), pages 338-348, June.
    3. James Monks & Ronald G. Ehrenberg, 1999. "The Impact of US News and World Report College Rankings on Admission Outcomes and Pricing Decisions at Selective Private Institutions," NBER Working Papers 7227, National Bureau of Economic Research, Inc.
    4. Weisbrod,Burton A. & Ballou,Jeffrey P. & Asch,Evelyn D., 2008. "Mission and Money," Cambridge Books, Cambridge University Press, number 9780521515108, January.
    5. Ying Sophie Huang & Carl R. Chen, 2013. "Are college chief executives paid like corporate CEOs or bureaucrats?," Applied Economics, Taylor & Francis Journals, vol. 45(21), pages 3035-3043, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Taylor K. Odle, 2022. "Free to Spend? Institutional Autonomy and Expenditures on Executive Compensation, Faculty Salaries, and Research Activities," Research in Higher Education, Springer;Association for Institutional Research, vol. 63(1), pages 1-32, February.
    2. Tan, Clifford, 2013. "The contribution of university rankings to country's GDP per capita," MPRA Paper 53900, University Library of Munich, Germany.
    3. Brian Jacob & Brian McCall & Kevin Stange, 2018. "College as Country Club: Do Colleges Cater to Students’ Preferences for Consumption?," Journal of Labor Economics, University of Chicago Press, vol. 36(2), pages 309-348.
    4. Arnaud Chevalier & Xiaoxuan Jia, 2016. "Subject-Specific League Tables and Students' Application Decisions," Manchester School, University of Manchester, vol. 84(5), pages 600-620, September.
    5. Bilal Barakat & Robin Shields, 2019. "Just Another Level? Comparing Quantitative Patterns of Global Expansion of School and Higher Education Attainment," Demography, Springer;Population Association of America (PAA), vol. 56(3), pages 917-934, June.
    6. Meer, Jonathan & Rosen, Harvey S., 2011. "The ABCs of charitable solicitation," Journal of Public Economics, Elsevier, vol. 95(5), pages 363-371.
    7. Ellen Hazelkorn, 2011. "Measuring World-class Excellence and the Global Obsession with Rankings," Chapters, in: Roger King & Simon Marginson & Rajani Naidoo (ed.), Handbook on Globalization and Higher Education, chapter 29, Edward Elgar Publishing.
    8. Siegfried, John & Getz, Malcolm, 2006. "Where do the children of professors attend college?," Economics of Education Review, Elsevier, vol. 25(2), pages 201-210, April.
    9. Andrade, Eduardo de Carvalho & Moita, Rodrigo Menon Simões & Silva, Carlos Eduardo Lobo, 2011. "Permanent Excess Demand as Business Strategy: An Analysis of the Brazilian Higher-Education Market," Insper Working Papers wpe_245, Insper Working Paper, Insper Instituto de Ensino e Pesquisa.
    10. Joshua C. Hall, 2020. "Academia in Anarchy: 50 years on," Public Choice, Springer, vol. 183(3), pages 405-416, June.
    11. David L. Sjoquist & John V. Winters, 2016. "The Effects of State Merit Aid Programs on Attendance at Elite Colleges," Southern Economic Journal, John Wiley & Sons, vol. 83(2), pages 527-549, October.
    12. Bachan, Ray & Bryson, Alex, 2022. "The Gender Wage Gap Among University Vice Chancellors in the UK," Labour Economics, Elsevier, vol. 78(C).
    13. Augusto Cerqua & Giorgio Di Pietro, 2017. "Natural disasters and university enrolment: evidence from L’Aquila earthquake," Applied Economics, Taylor & Francis Journals, vol. 49(14), pages 1440-1457, March.
    14. Christopher N. Avery & Mark E. Glickman & Caroline M. Hoxby & Andrew Metrick, 2013. "A Revealed Preference Ranking of U.S. Colleges and Universities," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 128(1), pages 425-467.
    15. Ding, Lan & Li, Haizheng, 2012. "Social networks and study abroad — The case of Chinese visiting students in the US," China Economic Review, Elsevier, vol. 23(3), pages 580-589.
    16. Singell, Larry D. & Tang, Hui-Hsuan, 2013. "Pomp and circumstance: University presidents and the role of human capital in determining who leads U.S. research institutions," Economics of Education Review, Elsevier, vol. 32(C), pages 219-233.
    17. Burgher, Joshua & Hamers, Herbert, 2017. "A Quantitative Optimization Framework for Market-Driven Academic Program Portfolios," Other publications TiSEM e0782c5b-c2ad-443d-b0ad-9, Tilburg University, School of Economics and Management.
    18. Takao Kato & Chad Sparber, 2013. "Quotas and Quality: The Effect of H-1B Visa Restrictions on the Pool of Prospective Undergraduate Students from Abroad," The Review of Economics and Statistics, MIT Press, vol. 95(1), pages 109-126, March.
    19. Brint, Steven, 2006. "Can Public Research Universities Compete?," University of California at Berkeley, Center for Studies in Higher Education qt7pb373fw, Center for Studies in Higher Education, UC Berkeley.
    20. Olivia Hebner & Courtney Collins & Franklin Mixon, 2018. "Do Gender and Race Play a Role in the Compensation of University Presidents? Evidence from Institution-level Panel Data," Australian Journal of Labour Economics (AJLE), Bankwest Curtin Economics Centre (BCEC), Curtin Business School, vol. 21(1), pages 1-20.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:reihed:v:60:y:2019:i:1:d:10.1007_s11162-018-9501-7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.