Why do corporate CEOs earn much more than the top academics/professors?
@narayan2006 (2954)
India
January 30, 2007 4:37am CST
Why do corporate CEOs earn more than the top academics, university professors and researchers? What are the reasons for such anamoly/differentials? Do the corporate CEOs contribute more than the academics and researchers/scientists?
4 responses
@vaibhavsawke (820)
• India
31 Jan 07
scientists make/invent things but management people make it sell
@bgerig (1258)
• United States
30 Jan 07
The corporate CEOs create a measurable product. One can determine the success of a CEO by the bottom line, the profit of the company. It is also easy to measure the results. Unfortunately, one can not easily measure the success of the professors results. How the students succeed is hard to measure, not to mention how does one tie it back to one particular professor. No, corporate CEOs do not contribute more than academics or researchers/scientists, but there isn't a practical method to measure their success.
