THE IMPACT OF MANAGERIAL CHANGE ON PERFORMANCE: THE ROLE OF TEAM HETEROGENEITY

Autor: Dirk Sliwka, Gerd Muehlheusser, Sandra Schneemann
Rok vydání: 2015
Předmět:
Zdroj: Economic Inquiry. 54:1128-1149
ISSN: 0095-2583
DOI: 10.1111/ecin.12285
Popis: When a key responsibility of a manager is to allocate more or less attractive tasks to subordinates, these subordinates have an incentive to work hard and demonstrate their talents. As a new manager is less well acquainted with these talents this incentive mechanism is reinvigorated after a management change { but only when the team is suciently homogenous. Otherwise, a new manager quickly makes similar choices as the old one did. We investigate this hypothesis using a large data set on coach dismissals in the German football league where the selection of players is indeed a key task of the coach. Indeed, we nd substantial evidence that coach replacements enhance team performance (only) in homogenous teams. Moreover, from a methodological point of view, we argue that there is typically a negative selection bias when evaluating succession eects, which might reconcile previous ndings of no (or even negative) eects with the vast number of dismissals
Databáze: OpenAIRE