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An Analysis of the Determinants of Managerial Pay in the Czech Republic

Author

Listed:
  • Eriksson, T.
  • Gottwald, J.
  • Mrazek, P.

Abstract

The purpose of this paper is to examine the seterminants of the variation in Czech managers' pay levels. Among the questions we attempt to answer are: Are the managers in state-owned firms compensated differently than those in private owned firms? How much of the difference in pay is explained by differences in individual characteristics and job levels? What is the importance of the regional location ot the industry affiliation of the firms for managerial pay differentials? For this purpose we use data from a cross-section of Czech managers in 1996 and estimate earnings equations augmented with a host explanatory vaiable related to firm and job characteristics.

Suggested Citation

  • Eriksson, T. & Gottwald, J. & Mrazek, P., 1998. "An Analysis of the Determinants of Managerial Pay in the Czech Republic," Papers 98-8, Aarhus School of Business - Department of Economics.
    • Handle: RePEc:fth:aascbu:98-8
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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

    MANAGEMENT ; EUROPE ; WAGES ; LABOUR MARKET;
    All these keywords.

    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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