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The Impact of CEOs in the Public Sector
Katharina Janke
Carol Propper
Raffaella Sadun
其他書名
Evidence from the English NHS
出版
National Bureau of Economic Research
, 2018
URL
http://books.google.com.hk/books?id=cGOgtgEACAAJ&hl=&source=gbs_api
註釋
We investigate whether top managers affect the performance of large public sector organizations. As our case study we examine CEOs of English public hospitals, which are large, complex organizations with multi-million turnover. We study the impact of individual CEOs on a wide set of measures of hospital performance, intermediate operational outcomes and inputs. We adopt two econometric approaches: a parametric approach that exploits the movement of CEOs across different hospitals and a non-parametric difference-in-difference matching estimator. Overall, we find little evidence that individual CEOs have an impact on a large set of measures of hospital performance. This result is not due to the allocation of good performers to poorly performing hospitals.
