Back to Search Start Over

THE PERFORMANCE EFFECTS OF WISE AND UNWISE MANAGERIAL DISMISSALS

Authors :
Egon Franck
Raphael Flepp
Source :
Economic Inquiry. 59:186-198
Publication Year :
2020
Publisher :
Wiley, 2020.

Abstract

The decision to dismiss a coach is challenging because poor performance tends to coincide with both bad luck and low coaching ability. We differentiate between dismissals following actual poor performance on the pitch (wise dismissals) and dismissals following seemingly poor performance due to bad luck (unwise dismissals). To categorize dismissals, we use “expected goals,” which are less vulnerable to random variation in match outcomes. Using data from European football, we find that wise dismissals increase subsequent performance compared to a control group of nondismissals with similarly poor performance on the pitch. However, unwise dismissals do not improve subsequent performance compared to a control group with similar strings of bad luck. (JEL D81, J44, L83)

Details

ISSN :
14657295 and 00952583
Volume :
59
Database :
OpenAIRE
Journal :
Economic Inquiry
Accession number :
edsair.doi...........1235159bf618664721d201035c29fea0
Full Text :
https://doi.org/10.1111/ecin.12924