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The Impact of CEOs in the Public Sector: Evidence from the English NHS / Katharina Janke, Carol Propper, Raffaella Sadun.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Janke, Katharina.
Contributor:
National Bureau of Economic Research.
Propper, Carol.
Sadun, Raffaella.
Series:
Working Paper Series (National Bureau of Economic Research) no. w25853.
NBER working paper series no. w25853
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Other Title:
Impact of CEOs in the Public Sector
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2019.
Summary:
We investigate whether top managers affect the performance of large and complex public sector organizations, using as a case study CEOs of English public hospitals (large, complex organizations with multi-million turnover). We study the extent to which CEOs are differentiated in terms of their pay, as well as a wide range of hospital production measures including inputs, intermediate operational outcomes and clinical outcomes. Pay differentials suggest that the market perceives CEOs to be differentiated. However, we find little evidence of CEOs' impact on hospital production. These results question the effectiveness of leadership changes to improve performance in the public sector.
Notes:
Print version record
May 2019.

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