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Forced Manager Turnovers In English Soccer Leagues: A Long-Term Perspective

Author

Listed:
  • Stefano D'Addona

    (University of Roma Tre)

  • Axel Kind

    (University of Basel)

Abstract

We conduct an empirical analysis of a hand-collected sample of 2,376 turnovers of soccer managers in the four major English leagues in the seasons from 1949/50 to 2007/08. While the relation between the probability of a manager being fired and long-term performance remained remarkably stable, both the absolute frequency and the sensitivity of firing decisions on the outcome of recent matches steadily and significantly increased during the six decades covered by our sample. This is likely to reflect the increased level of competition in and economic importance of the English soccer leagues.

Suggested Citation

  • Stefano D'Addona & Axel Kind, 2011. "Forced Manager Turnovers In English Soccer Leagues: A Long-Term Perspective," Working Papers 1011, CREI Universit√† degli Studi Roma Tre, revised 2011.
  • Handle: RePEc:rcr:wpaper:10_11
    as

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    File URL: http://host.uniroma3.it/centri/crei/pubblicazioni/workingpapers2011/CREI_10_2011.pdf
    File Function: First version, 2011
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    References listed on IDEAS

    as
    1. Barro, Jason R & Barro, Robert J, 1990. "Pay, Performance, and Turnover of Bank CEOs," Journal of Labor Economics, University of Chicago Press, vol. 8(4), pages 448-481, October.
    2. Dirk Jenter & Fadi Kanaan, 2015. "CEO Turnover and Relative Performance Evaluation," Journal of Finance, American Finance Association, vol. 70(5), pages 2155-2184, October.
    3. de Dios Tena, Juan & Forrest, David, 2007. "Within-season dismissal of football coaches: Statistical analysis of causes and consequences," European Journal of Operational Research, Elsevier, vol. 181(1), pages 362-373, August.
    4. Borland, Jeff, 1987. "The Demand for Australian Rules Football," The Economic Record, The Economic Society of Australia, vol. 63(182), pages 220-230, September.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Managers' Turnover; Firing Decision; Governance Mechanisms; Logit Models; Duration Models;

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • M51 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Firm Employment Decisions; Promotions

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