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Carol Propper (Imperial) – “The Impact of CEOs in the Public Sector: Evidence from the English NHS”

May 29, 12:15 am - 1:30 pm

CREST Microeconomics Seminar : 

Time: 12:15 pm – 1:30pm
Date: 29th May 2019
Place: Room 3001.

Carol Propper (Imperial) – “The Impact of CEOs in the Public Sector: Evidence from the English NHS”

Abstract: 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.

Organizers:
Roxana Fernandez Machado (CREST), Marie Laure Allain (CREST), and Linda Schilling (CREST)

Sponsors:
CREST

Lunch registration:
food provided, no registration needed

 

Details

Date:
May 29
Time:
12:15 am - 1:30 pm
Event Category:

Venue

3001