Managerial succession and organizational performance-evidence from the German Soccer League
It has been widely studied how organizational performance changes after the replacement of managers. However, there is little evidence whether environmental changes moderate the efficiency of management replacements. In this paper, I explicitly consider the effect of a change in the environment of organizations on post-replacement effects. Analyzing the performance effect of coach replacements in the German Soccer League before and after the introduction of the 3-points-rule theoretically and empirically I find that the magnitude of the performance effect of coach replacements differs under alternative regimes. The empirical analysis confirms predictions from my theoretical model and identifies moderating effects. Copyright © 2010 John Wiley & Sons, Ltd.
Volume (Year): 31 (2010)
Issue (Month): 6 ()
|Contact details of provider:|| Web page: http://www3.interscience.wiley.com/cgi-bin/jhome/7976|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- José Correia Guedes & Fernando S. Machado, 2002. "Changing rewards in contests: Has the three-point rule brought more offense to soccer?," Empirical Economics, Springer, vol. 27(4), pages 607-630.
- Rick Audas & John Goddard & W. Glenn Rowe, 2006. "Modelling employment durations of NHL head coaches: turnover and post-succession performance," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 27(4), pages 293-306.
- Denis, David J. & Denis, Diane K. & Sarin, Atulya, 1997. "Ownership structure and top executive turnover," Journal of Financial Economics, Elsevier, vol. 45(2), pages 193-221, August.
- R. H. Koning, 2003. "An econometric evaluation of the effect of firing a coach on team performance," Applied Economics, Taylor & Francis Journals, vol. 35(5), pages 555-564.
- Parrino, Robert, 1997. "CEO turnover and outside succession A cross-sectional analysis," Journal of Financial Economics, Elsevier, vol. 46(2), pages 165-197, November.
- Warner, Jerold B. & Watts, Ross L. & Wruck, Karen H., 1988. "Stock prices and top management changes," Journal of Financial Economics, Elsevier, vol. 20(1-2), pages 461-492, January.
- Audas, Rick & Dobson, Stephen & Goddard, John, 2002. "The impact of managerial change on team performance in professional sports," Journal of Economics and Business, Elsevier, vol. 54(6), pages 633-650.
- Garicano, Luis & Palacios-Huerta, Ignacio, 2005. "Sabotage in Tournaments: Making the Beautiful Game a Bit Less Beautiful," CEPR Discussion Papers 5231, C.E.P.R. Discussion Papers.
- James J. Heckman & Jeffrey A. Smith, 1999. "The Pre-Program Earnings Dip and the Determinants of Participation in a Social Program: Implications for Simple Program Evaluation Strategies," NBER Working Papers 6983, National Bureau of Economic Research, Inc.
- Huson, Mark R. & Malatesta, Paul H. & Parrino, Robert, 2004. "Managerial succession and firm performance," Journal of Financial Economics, Elsevier, vol. 74(2), pages 237-275, November.
- Denis, David J & Denis, Diane K, 1995. " Performance Changes Following Top Management Dismissals," Journal of Finance, American Finance Association, vol. 50(4), pages 1029-57, September.
When requesting a correction, please mention this item's handle: RePEc:wly:mgtdec:v:31:y:2010:i:6:p:415-430. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing)or (Christopher F. Baum)
If references are entirely missing, you can add them using this form.