Arbeitspapier
The impact of managerial change on performance: The role of team heterogeneity
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 sufficiently 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 find 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 effects, which might reconcile previous findings of no (or even negative) effects with the vast number of dismissals observed in reality.
- Language
-
Englisch
- Bibliographic citation
-
Series: CESifo Working Paper ; No. 3950
- Classification
-
Wirtschaft
Firm Behavior: Empirical Analysis
Professional Labor Markets; Occupational Licensing
Labor Turnover; Vacancies; Layoffs
- Subject
-
managerial succession
teams
heterogeneity
tournaments
Führungswechsel
Fußballsport
Arbeitsgruppe
Arbeitsleistung
Extensives Spiel
Deutschland
- Event
-
Geistige Schöpfung
- (who)
-
Hentschel, Sandra
Mühlheusser, Gerd
Sliwka, Dirk
- Event
-
Veröffentlichung
- (who)
-
Center for Economic Studies and ifo Institute (CESifo)
- (where)
-
Munich
- (when)
-
2012
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Hentschel, Sandra
- Mühlheusser, Gerd
- Sliwka, Dirk
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2012
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The Impact of Managerial Change on Performance. The Role of Team Heterogeneity
The impact of managerial change on performance: The role of team heterogeneity
On the Notion of Responsibility in Organizations
On the Hidden Costs of Incentive Schemes
On the Hidden Costs of Incentive Schemes
Management Incentives, Signaling Effects and the Costs of Vertical Integration
On the Use of Nonfinancial Performance Measures in Management Compensation
Trust as a signal of a social norm and the hidden costs of incentive schemes
Bonuses and performance evaluations
Managerial incentives and favoritism in promotion decisions: Theory and field evidence
Compensation, Favoritism, and Adverse Selection : Essays on Managerial Incentives in Firms