IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-03267641.html
   My bibliography  Save this paper

The Role of Celebrity and Status in the Performance–Pay Relationship: Evidence from the ‘Big Five’ European Football Leagues

Author

Listed:
  • Antonio Giangreco

    (LEM - Lille économie management - UMR 9221 - UA - Université d'Artois - UCL - Université catholique de Lille - Université de Lille - CNRS - Centre National de la Recherche Scientifique)

  • Barbara Slavich

    (LEM - Lille économie management - UMR 9221 - UA - Université d'Artois - UCL - Université catholique de Lille - Université de Lille - CNRS - Centre National de la Recherche Scientifique)

  • Alessandro Piazza
  • Fabrizio Castellucci
  • Cyrus Mohadjer

Abstract

This study explores the reasons behind the existence of frequent mismatches between performance of individuals in organisations and their salary, with a specific focus on contexts where actors or employees are highly visible and representative of organisations. We argue that two intangible assets – celebrity and status – might affect the intensity of the link between individual performance and pay levels. Using a panel data set of professional footballers from the top five European leagues, we find that there is a positive association between players' performance in one period (season) and their salary in the subsequent season, and that this relationship is negatively moderated by both the players' celebrity and status. Theoretical contributions and managerial implications are discussed, along with the generalisability of the results to other settings.

Suggested Citation

  • Antonio Giangreco & Barbara Slavich & Alessandro Piazza & Fabrizio Castellucci & Cyrus Mohadjer, 2021. "The Role of Celebrity and Status in the Performance–Pay Relationship: Evidence from the ‘Big Five’ European Football Leagues," Post-Print hal-03267641, HAL.
    • Handle: RePEc:hal:journl:hal-03267641
    DOI: 10.37725/mgmt.v24i1.4511
    Note: View the original document on HAL open archive server: https://hal.science/hal-03267641v1
    as

    Download full text from publisher

    File URL: https://hal.science/hal-03267641v1/document
    Download Restriction: no
    File URL: https://libkey.io/10.37725/mgmt.v24i1.4511?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Hongyou Liu & Qing Yi & Jesús-Vicente Giménez & Miguel-Angel Gómez & Carlos Lago-Peñas, 2015. "Performance profiles of football teams in the UEFA Champions League considering situational efficiency," International Journal of Performance Analysis in Sport, Taylor & Francis Journals, vol. 15(1), pages 371-390, March.
    2. Podolny, Joel M & Phillips, Damon J, 1996. "The Dynamics of Organizational Status," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 5(2), pages 453-471.
    3. Kevin Lewis & Kurt Gray & Jens Meierhenrich, 2014. "The structure of online activism," LSE Research Online Documents on Economics 55821, London School of Economics and Political Science, LSE Library.
    4. Christer Thrane, 2019. "Performance and Actual Pay in Norwegian Soccer," Journal of Sports Economics, , vol. 20(8), pages 1051-1065, December.
    5. Torben Tiedemann & Tammo Francksen & Uwe Latacz-Lohmann, 2011. "Assessing the performance of German Bundesliga football players: a non-parametric metafrontier approach," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 19(4), pages 571-587, December.
    6. Chong Choi & Ron Berger, 2009. "Ethics of Global Internet, Community and Fame Addiction," Journal of Business Ethics, Springer, vol. 85(2), pages 193-200, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Fabíola Zambom-Ferraresi & Belén Iráizoz & Fernando Lera-López, 2019. "Are football managers as efficient as coaches? Performance analysis with and inputs in the Premier league," Applied Economics, Taylor & Francis Journals, vol. 51(3), pages 303-314, January.
    2. Yildiz, H. Emre, 2016. "“Us vs. them” or “us over them”? On the roles of similarity and status in M&As," International Business Review, Elsevier, vol. 25(1), pages 51-65.
    3. Fan, Jing-Li & Zhang, Hao & Zhang, Xian, 2020. "Unified efficiency measurement of coal-fired power plants in China considering group heterogeneity and technological gaps," Energy Economics, Elsevier, vol. 88(C).
    4. Josef Jablonsky, 2018. "Ranking of countries in sporting events using two-stage data envelopment analysis models: a case of Summer Olympic Games 2016," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 26(4), pages 951-966, December.
    5. Elise Perrault, 2017. "A ‘Names-and-Faces Approach’ to Stakeholder Identification and Salience: A Matter of Status," Journal of Business Ethics, Springer, vol. 146(1), pages 25-38, November.
    6. Mercedes Beltrán-Esteve & José Gómez-Limón & Andrés Picazo-Tadeo & Ernest Reig-Martínez, 2014. "A metafrontier directional distance function approach to assessing eco-efficiency," Journal of Productivity Analysis, Springer, vol. 41(1), pages 69-83, February.
    7. K. Ken Peng & X. Joan Hu & Tim B. Swartz, 2025. "On the time of corner kicks in soccer: an analysis of event history data," Computational Statistics, Springer, vol. 40(4), pages 2067-2083, April.
    8. Mooweon Rhee & Pamela R. Haunschild, 2006. "The Liability of Good Reputation: A Study of Product Recalls in the U.S. Automobile Industry," Organization Science, INFORMS, vol. 17(1), pages 101-117, February.
    9. Mukti Khaire, 2010. "Young and No Money? Never Mind: The Material Impact of Social Resources on New Venture Growth," Organization Science, INFORMS, vol. 21(1), pages 168-185, February.
    10. M. Mozaffari & J. Gerami & J. Jablonsky, 2014. "Relationship between DEA models without explicit inputs and DEA-R models," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 22(1), pages 1-12, March.
    11. Romano, Giulia & Molinos-Senante, María & Guerrini, Andrea, 2017. "Water utility efficiency assessment in Italy by accounting for service quality: An empirical investigation," Utilities Policy, Elsevier, vol. 45(C), pages 97-108.
    12. Francois Collet & Déborah Philippe, 2014. "From Hot Cakes to Cold Feet: A Contingent Perspective on the Relationship between Market Uncertainty and Status Homophily in the Formation of Alliances," Journal of Management Studies, Wiley Blackwell, vol. 51(3), pages 406-432, May.
    13. Molinos-Senante, María & Sala-Garrido, Ramón, 2018. "Evaluation of energy performance of drinking water treatment plants: Use of energy intensity and energy efficiency metrics," Applied Energy, Elsevier, vol. 229(C), pages 1095-1102.
    14. Bela Florenthal & Manar Awad, 2021. "A cross-cultural comparison of millennials’ engagement with and donation to nonprofits: a hybrid U&G and TAM framework," International Review on Public and Nonprofit Marketing, Springer;International Association of Public and Non-Profit Marketing, vol. 18(4), pages 629-657, December.
    15. Anil Özdemir & Helmut Dietl & Giambattista Rossi & Rob Simmons, 2022. "Are workers rewarded for inconsistent performance?," Industrial Relations: A Journal of Economy and Society, Wiley Blackwell, vol. 61(2), pages 137-151, April.
    16. Alberto Posso & Tim R. L. Fry & Michael Gangemi & George B. Tawadros, 2016. "¡Fútbol!," Journal of Sports Economics, , vol. 17(3), pages 219-233, April.
    17. Jean-Baptiste Vilain, 2018. "Three essays in applied economics [Trois essais en économie appliquée]," SciencePo Working papers tel-03419493, HAL.
    18. Changjing Zhou & William G. Hopkins & Wanli Mao & Alberto L. Calvo & Hongyou Liu, 2019. "Match Performance of Soccer Teams in the Chinese Super League—Effects of Situational and Environmental Factors," IJERPH, MDPI, vol. 16(21), pages 1-13, November.
    19. Kerstens, Kristiaan & O’Donnell, Christopher & Van de Woestyne, Ignace, 2019. "Metatechnology frontier and convexity: A restatement," European Journal of Operational Research, Elsevier, vol. 275(2), pages 780-792.
    20. Chih-Hai Yang & Hsuan-Yu Lin & Chiang-Ping Chen, 2014. "Measuring the efficiency of NBA teams: additive efficiency decomposition in two-stage DEA," Annals of Operations Research, Springer, vol. 217(1), pages 565-589, June.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-03267641. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.