Back to Search
Start Over
THE PERFORMANCE EFFECTS OF WISE AND UNWISE MANAGERIAL DISMISSALS
- 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)
- Subjects :
- Economics and Econometrics
business.industry
media_common.quotation_subject
05 social sciences
Control (management)
Football
General Business, Management and Accounting
Coaching
Categorization
Luck
0502 economics and business
Economics
050207 economics
business
Social psychology
050205 econometrics
media_common
Subjects
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