The purpose of this paper is to examine the determinants of the variation in Czech managers' pay levels. Among the questions we attempt to answer are: Are the managers in state-owned firms compensated differently than those in private owned firms? How much of the difference in pay is explained...

The purpose of this paper is to examine the determinants of the variation inCzech managers' pay levels. The main questions we attempted to answer: Arethe managers in stateowned firms compensated differently than those inprivate owned firms? How much of hte difference in pay is explained...