The Association Between Research Output and Compensation for Accounting Professors

Abstract

Based on a unique set of public disclosure of compensation data for 2006, we examine the relationship between research output (the quality and quantity of publications) and pay of accounting professors from Ontario universities in a Canadian academia context. We found that research productivity differentials were reflected in the observed earnings differentials, however only top tier publications were associated with compensation of accounting professors. In contrast to previous studies examining academic compensation, our results seem to suggest that pay for accounting professors in Ontario is more responsive to the conventional proxy for quality of publications, placement of journals in top-tier and non-top-tier lists. Ethical implications are discussed.

JEL Classification: A20