## Abstract In this paper we use a novel panel data set from the German premier soccer league (Bundesliga) as a case to show how variations in managerial compensation impact positively upon organizational (team) success. Using stochastic frontier analysis, we find that a team that hires a better qu
Managerial succession and organizational performance—evidence from the German Soccer League
✍ Scribed by Stefan Wagner
- Publisher
- John Wiley and Sons
- Year
- 2010
- Tongue
- English
- Weight
- 203 KB
- Volume
- 31
- Category
- Article
- ISSN
- 0143-6570
- DOI
- 10.1002/mde.1495
No coin nor oath required. For personal study only.
✦ Synopsis
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.
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