Final published version
Research output: Working paper
Research output: Working paper
}
TY - UNPB
T1 - The Impact of CEOs in the Public Sector: Evidence from the English NHS
AU - Janke, Katharina Marie
AU - Propper, Carol
AU - Sadun, Raffaella
PY - 2018/3
Y1 - 2018/3
N2 - 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.
AB - 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.
KW - Management
KW - Performance
KW - Public Sector
KW - Measurement and Metrics
KW - Health Industry
M3 - Working paper
T3 - HBS Working Paper Series
BT - The Impact of CEOs in the Public Sector: Evidence from the English NHS
PB - Harvard Business School
ER -