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Managerial pay and executive turnover in the Czech and Slovak Republics

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Author Info
Tor Eriksson

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Abstract

Despite the crucial role played by managers in changing the functioning of labour markets in transition economies, research on the determinants of executive pay and CEO turnover in these countries is almost non-existent. The current paper aims to add to this minuscule literature. For this purpose I make use of a unique dataset containing relevant firm-manager information from the Czech and Slovak Republics in the late nineties. This allows me to examine the influence of individual and in particular firm characteristics, such as, size, ownership type, industry and region, as well as corporate performance on chief executive compensation levels and changes therein and on the extent of executive turnover. Copyright (c) The European Bank for Reconstruction and Development, 2005.

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Publisher Info
Article provided by The European Bank for Reconstruction and Development in its journal Economics of Transition.

Volume (Year): 13 (2005)
Issue (Month): 4 (October)
Pages: 659-677
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Handle: RePEc:bla:etrans:v:13:y:2005:i:4:p:659-677

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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0967-0750

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  1. Muravyev, Alexander & Bilyk, Olga & Grechaniuk, Bogdana, 2009. "Firm Performance and Managerial Turnover: The Case of Ukraine," MPRA Paper 13685, University Library of Munich, Germany. [Downloadable!]
    Other versions:
  2. Takao Kato & Cheryl Long, 2006. "CEO Turnover, Firm Performance and Enterprise Reform in China: Evidence from New Micro Data," IZA Discussion Papers 1914, Institute for the Study of Labor (IZA). [Downloadable!]
  3. Jurajda, Stepan & Paligorova, Teodora, 2006. "Female Managers and their Wages in Central Europe," CEPR Discussion Papers 5871, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
  4. Aleksandra Gregoric & Sašo Polanec & Sergeja Slapnicar, 2008. "Pay me Right: Reference Values and Executive Compensation," LICOS Discussion Papers 22008, LICOS - Centre for Institutions and Economic Performance, K.U.Leuven. [Downloadable!]
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