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Organizational performance and managerial turnover

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Author Info

  • Rick Audas

    (University of Newcastle-upon-Tyne, Newcastle-upon-Tyne, UK)

  • Stephen Dobson
  • John Goddard

    (University of Wales, Bangor, Gwynedd, UK)

Abstract

Involuntary and voluntary managerial job-termination hazard functions are estimated for English professional soccer for the period 1972-1997. A novel feature is the use of match-level data, which reveals aspects of the hazard otherwise concealed by estimation using annual data. Short-term fluctuations in performance strongly influence the involuntary termination hazard. The latter is also heavily dependent on the team's current league position relative to its position when the manager took charge, and on the win ratio over the entire spell. Managerial human capital attributes are found to have a greater influence on the voluntary rather than on the involuntary termination hazard. Copyright © 1999 John Wiley & Sons, Ltd.

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Bibliographic Info

Article provided by John Wiley & Sons, Ltd. in its journal Managerial and Decision Economics.

Volume (Year): 20 (1999)
Issue (Month): 6 ()
Pages: 305-318

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Handle: RePEc:wly:mgtdec:v:20:y:1999:i:6:p:305-318

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Web page: http://www3.interscience.wiley.com/cgi-bin/jhome/7976

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References

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  1. Lancaster, Tony, 1979. "Econometric Methods for the Duration of Unemployment," Econometrica, Econometric Society, Econometric Society, vol. 47(4), pages 939-56, July.
  2. Meyer, Bruce D, 1990. "Unemployment Insurance and Unemployment Spells," Econometrica, Econometric Society, Econometric Society, vol. 58(4), pages 757-82, July.
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Cited by:
  1. Richard A. Hofler & James E. Payne, 2006. "Efficiency in the National Basketball Association: a stochastic frontier approach with panel data," Managerial and Decision Economics, John Wiley & Sons, Ltd., John Wiley & Sons, Ltd., vol. 27(4), pages 279-285.
  2. Barros, Carlos Pestana & Garcia-del-Barrio, Pedro, 2008. "Efficiency measurement of the English football Premier League with a random frontier model," Economic Modelling, Elsevier, Elsevier, vol. 25(5), pages 994-1002, September.
  3. José A. Alfaro & Josep A. Tribó, 2001. "Managerial Turnover And Worker Turnover," Business Economics Working Papers, Universidad Carlos III, Departamento de Economía de la Empresa wb011304, Universidad Carlos III, Departamento de Economía de la Empresa.
  4. Ray Bachan & Barry Reilly & Robert Witt, 2005. "The Hazard of Being an English Football League Manager: Empirical Estimates from the 2002/3 Season," School of Economics Discussion Papers, School of Economics, University of Surrey 1605, School of Economics, University of Surrey.
  5. Sandra Hentschel & Gerd Mühlheusser & Dirk Sliwka, 2012. "The Impact of Managerial Change on Performance. The Role of Team Heterogeneity," CESifo Working Paper Series 3950, CESifo Group Munich.
  6. Johansson, Anders C. & Feng, Xunan, 2013. "CEO Incentives in Chinese State-Controlled Firms," Working Paper Series 2013-27, Stockholm China Economic Research Institute, Stockholm School of Economics.
  7. Dobson, Stephen & Goddard, John, 2003. "Persistence in sequences of football match results: A Monte Carlo analysis," European Journal of Operational Research, Elsevier, Elsevier, vol. 148(2), pages 247-256, July.
  8. Jardin, Mathieu, 2009. "Efficiency of French football clubs and its dynamics," MPRA Paper 19828, University Library of Munich, Germany.
  9. Bas Weel, 2011. "Does Manager Turnover Improve Firm Performance? Evidence from Dutch Soccer, 1986–2004," De Economist, Springer, Springer, vol. 159(3), pages 279-303, September.
  10. Audas, Rick & Dobson, Stephen & Goddard, John, 2002. "The impact of managerial change on team performance in professional sports," Journal of Economics and Business, Elsevier, Elsevier, vol. 54(6), pages 633-650.
  11. repec:ise:isegwp:wp42007 is not listed on IDEAS
  12. Carlos Pestana Barros & Stephanie Leach, 2006. "Performance evaluation of the English Premier Football League with data envelopment analysis," Applied Economics, Taylor & Francis Journals, Taylor & Francis Journals, vol. 38(12), pages 1449-1458.
  13. A. Balduck & M. Buelens, 2007. "Does sacking the coach help or hinder the team in the short term? Evidence from Belgian soccer," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium, Ghent University, Faculty of Economics and Business Administration 07/430, Ghent University, Faculty of Economics and Business Administration.

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