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Determinants of Managerial Pay in the Czech Republic

Author

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  • Tor Eriksson
  • Jaromir Gottvald
  • Pavel Mrazek

Abstract

The purpose of this paper is to examine the determinants 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 or the industry affiliation of the firms for managerial pay differentials? We use data from a cross-section of Czech managers in 1998 and estimate earnings equations augmented with a host of explanatory variables related to firm and job characteristics.

Suggested Citation

  • Tor Eriksson & Jaromir Gottvald & Pavel Mrazek, 2000. "Determinants of Managerial Pay in the Czech Republic," William Davidson Institute Working Papers Series 310, William Davidson Institute at the University of Michigan.
    • Handle: RePEc:wdi:papers:2000-310
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    File URL: http://deepblue.lib.umich.edu/bitstream/2027.42/39694/3/wp310.pdf
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    Cited by:

    1. Veronika Hedija & Petr Musil, 2012. "Gender wage differences in the selected Czech public sector company," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 60(7), pages 81-88.

    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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