Managerial succession and organizational performance-evidence from the German Soccer League
Stefan Wagner
Managerial and Decision Economics, 2010, vol. 31, issue 6, 415-430
Abstract:
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. Copyright © 2010 John Wiley & Sons, Ltd.
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:wly:mgtdec:v:31:y:2010:i:6:p:415-430
DOI: 10.1002/mde.1495
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