Pub Date : 2007-10-01DOI: 10.5465/AMLE.2007.26361629
B. Büchel, D. Antunes
Companies are increasingly recognizing executive education as a crucial tool for developing their managers. The underlying assumption is that it can improve managerial decision making, by creating and transmitting knowledge, which in turn has a positive impact on company performance. Since knowledge and capability developed in-house might not avoid the natural evolutionary rigidities of organizations, external pressures for strategic orientation and change may make it necessary to incorporate outsiders' views. Thus, collaboration with outsiders such as business schools, consultants, coaches and trainers has the clear potential to impact organizational performance. As cognitive biases can impede the formation of new perspectives in decision making, the use of outsiders can help mitigate people's tendency to seek information that confirms their own preconceptions. By acting as catalysts, outsiders may serve as agents of change; moreover, if well managed, such partnering can provide value.
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In this paper the educational backgrounds of the Highest Paid Chief Executive Officers (CEOs) in the United States are examined. Specifically, the extent to which the specific degree earned affects the salary received and other variables are examined. The data for the study is the Forbes 800 CEO compensation data. The time period for this study is the thirteen years from 1987-1999. The results indicate that the total compensation that individuals earn as the CEO of the firm depends upon the undergraduate and graduate degree that the individual earns. Those with differing degrees are found to have been with the firm for a differing number of years, earned their undergraduate and graduate degrees at different ages, started working for the firm at different ages, became the CEO at differing ages, and were with the firm for differing number of years prior to becoming the CEO.
{"title":"Does Degree Earned Matter? An Empirical Analysis of CEOS from Large Firms","authors":"Terrance Jalbert, M. Jalbert, G. Perrina","doi":"10.19030/TLC.V1I5.1946","DOIUrl":"https://doi.org/10.19030/TLC.V1I5.1946","url":null,"abstract":"In this paper the educational backgrounds of the Highest Paid Chief Executive Officers (CEOs) in the United States are examined. Specifically, the extent to which the specific degree earned affects the salary received and other variables are examined. The data for the study is the Forbes 800 CEO compensation data. The time period for this study is the thirteen years from 1987-1999. The results indicate that the total compensation that individuals earn as the CEO of the firm depends upon the undergraduate and graduate degree that the individual earns. Those with differing degrees are found to have been with the firm for a differing number of years, earned their undergraduate and graduate degrees at different ages, started working for the firm at different ages, became the CEO at differing ages, and were with the firm for differing number of years prior to becoming the CEO.","PeriodicalId":435876,"journal":{"name":"Leadership Development eJournal","volume":"26 32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2004-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130329941","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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