The Contribution of Managers to Organizational Success
Gerd Muehlheusser,
Sandra Schneemann,
Dirk Sliwka and
Niklas Wallmeier
Journal of Sports Economics, 2018, vol. 19, issue 6, 786-819
Abstract:
We study the impact of managers on the success of professional soccer teams using data from the German Bundesliga , where we are exploiting the high turnover rate of managers between teams to disentangle the managers’ contributions. Teams employing a manager from the top of the ability distribution gain on average considerably more points than those employing a manager from the bottom. Moreover, estimated abilities have significant predictive power for future performance. Managers also affect teams’ playing style. Finally, teams whose manager has been a former professional player perform worse on average compared to managers without a professional player career.
Keywords: managerial skills; human capital; empirical; fixed effects; professional sports (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (11)
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Persistent link: https://EconPapers.repec.org/RePEc:sae:jospec:v:19:y:2018:i:6:p:786-819
DOI: 10.1177/1527002516674760
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