THE IMPACT OF MANAGERIAL CHANGE ON PERFORMANCE: THE ROLE OF TEAM HETEROGENEITY
Autor: | Dirk Sliwka, Gerd Muehlheusser, Sandra Schneemann |
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Rok vydání: | 2015 |
Předmět: |
Economics and Econometrics
Teamwork 050208 finance business.industry media_common.quotation_subject 05 social sciences Football League Public relations General Business Management and Accounting language.human_language Task (project management) German Microeconomics Incentive 0502 economics and business Economics language Selection (linguistics) Key (cryptography) 050207 economics business media_common |
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 |
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