FORCED MANAGER TURNOVERS IN ENGLISH SOCCER LEAGUES: A LONG-TERM PERSPECTIVE
Stefano d'Addona () and
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Axel Kind: University of Basel
No 1011, Working Papers from CREI Università degli Studi Roma Tre
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.
Keywords: Managers' Turnover; Firing Decision; Governance Mechanisms; Logit Models, Duration Models (search for similar items in EconPapers)
JEL-codes: G30 M51 (search for similar items in EconPapers)
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Date: 2011, Revised 2011
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Persistent link: https://EconPapers.repec.org/RePEc:rcr:wpaper:10_11
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