Faculty News
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Prof. David Yermack discusses Kentucky State University interim president Raymond Burse's $90,000 pay cut
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![Christian Science Monitor logo Christian Science Monitor logo](/sites/default/files/styles/192w_x_144h/public/assets/images/Christian-Science-Monitor-Logo.jpg?h=cd55d432&itok=OVzhELDW)
Excerpt from Christian Science Monitor -- "Public announcements like Burse’s can become the pretext for asking departments to reign in their budgets and employees to take similar salary cuts. An executive can use himself as an example in these situations, Dr. Yermack says. The Courier-Journal reported that Kentucky State University has a $7 million budget gap. 'This is purely symbolic,' Yermack says."
Faculty News
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![Christian Science Monitor logo Christian Science Monitor logo](/sites/default/files/styles/192w_x_144h/public/assets/images/Christian-Science-Monitor-Logo.jpg?h=cd55d432&itok=OVzhELDW)
Excerpt from Christian Science Monitor -- "Public announcements like Burse’s can become the pretext for asking departments to reign in their budgets and employees to take similar salary cuts. An executive can use himself as an example in these situations, Dr. Yermack says. The Courier-Journal reported that Kentucky State University has a $7 million budget gap. 'This is purely symbolic,' Yermack says."