Organizational performance and managerial turnover

Audas, Rick; Dobson, Stephen; Goddard, John

doi:10.1002/(sici)1099-1468(199909)20:6<305::aid-mde933>3.0.co;2-o

Cited by 90 publications

(63 citation statements)

References 13 publications

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“…In English premier league football managers are replaced for various reasons, but predominantly because of poor performance (Audas et al 1999;Dobson and Goddard 2011;Bachan et al 2008;d'Addona and Kind 2014). 16 In our paper, we investigate the effectiveness of in-season manager replacements, using data of 15 seasons from English Premier League football.…”

Section: Discussionmentioning

confidence: 99%

Effectiveness of In-Season Manager Changes in English Premier League Football

2016

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We analyze the performance effects of in-season manager changes in English Premier League football during the seasons 2000/2001-2014/2015. We find that some managerial changes are successful, while others are counterproductive. On average, performance does not improve following a managerial replacement. The successfulness of managerial turnover depends on specific highly unpredictable circumstances, as we illustrate through case-studies.

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Section: Discussionmentioning

confidence: 99%

Effectiveness of In-Season Manager Changes in English Premier League Football

2016

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“…4 Using their line of reasoning the control group to against which to measure firm performance in case of forced resignations is constructed as follows. First, the performance at t − 4 can be at most 10 percent above its long-run average during a season.…”

Section: Construction Of Control Groupsmentioning

confidence: 99%

“…4.1.2 the results of a brief analysis conduced for four other countries have been described. More advanced empirical analysis has been carried out by Frick and Simmons (2008) for Germany, by De Paola and Scoppa (2008) for Italy and by Audas et al (1999) for England. Dawson et al (2000) review the literature for England and argue that it is important to take into account measures of manager quality and history.…”

Section: Evidence From Other Analyses Using Sports Datamentioning

confidence: 99%

“…They confirm the estimates for the Netherlands that team performance does not improve after forced resignation. Audas et al (1999) estimate hazard functions for involuntary and voluntary managerial turnover for English professional soccer for the period 1972-1997. Their data contain over nine hundred manager spells and reveal an increase in manager turnover over time.…”

Section: Evidence From Other Analyses Using Sports Datamentioning

confidence: 99%

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Does Manager Turnover Improve Firm Performance? Evidence from Dutch Soccer, 1986–2004

Weel

2011

De Economist

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This research examines the impact of manager turnover on firm performance using information from the Dutch soccer league in the period 1986-2004. The main advantage of using sports data is that both manager characteristics and decisions and firm outcomes are directly observable. Both difference-in-difference and 2SLS estimates suggest no statistically significant improvements in performance after manager turnover, whereas previous research based on publicly traded firm data has found positive but very small effects of manager turnover on performance. The estimates confirm previous research using soccer data. In addition, estimates suggest that manager quality does not seem to matter in predicting turnover. These estimates are compared and contrasted with studies using publicly traded firm data and studies using soccer data.

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“…There is a broad consensus that disappointing team performance is the main reason that managers get fired, see e.g. Audas et al (1999), Bachan et al (2008), Barros et al (2009), d'Addona andKind (2014) and Van Ours and Van Tuijl (2016). The effect of replacing a manager on consequent performance is more ambiguous, with some authors documenting a (partial) positive effect (Tena andForrest, 2007, andSchneemann et al, 2016), while others find no effect (Bruinshoofd and Ter Weel, 2003, Koning,2003, De Paolo and Scoppa, 2011, and Van Ours and Van Tuijl, 2016.…”

Section: Introductionmentioning

confidence: 99%

The Inefficient Advantage of Experience in the Market for Football Managers

2017

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in AbstractWe study hiring in a labor market where worker ability can only be observed on-the-job, but quickly becomes public information after labor market entry. We show that firms in these markets have a socially inefficient incentive to hire low talented, experienced workers instead of more promising labor market entrants, either when an extremely poor hire may bankrupt the firm, or when workers cannot commit to long-term contracts. In a dataset covering 38 years of hiring in the English labor market for football managers, we find that in around one quarter of all cases, where a firm hires an experienced worker, this experienced worker has an estimated ability below the average ability of recent labor market entrants. We argue this hiring behavior is inefficient, because it has persistently depressed the average ability of the active manager labor force over our sample period.JEL Codes: M51, J63, J24, Z22

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Organizational performance and managerial turnover

Cited by 90 publications

References 13 publications

Effectiveness of In-Season Manager Changes in English Premier League Football

Effectiveness of In-Season Manager Changes in English Premier League Football

Does Manager Turnover Improve Firm Performance? Evidence from Dutch Soccer, 1986–2004

The Inefficient Advantage of Experience in the Market for Football Managers

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