Business School Rankings and Business School Deans: A Study of Nonprofit Governance

C. Edward Fee, Charles J. Hadlock and Joshua R. Pierce

Financial Management, 2005, vol. 34, issue 1

Abstract: We examine the relation between business school dean turnover and MBA program rankings from 1990-2002. We find little evidence that dean departures are related to changes in a school’s overall rank in the US News & World Report rankings. However, dean turnover increases following drops in the Business Week rankings and deterioration in the student placement score as measured by US News & World Report. These results are significant in both a statistical and economic sense. Our findings suggest that schools react either directly to the rankings or to information that is reflected in the rankings.

Date: 2005
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