| By: |
Luc Arrondel (PSE - Paris School of Economics, PJSE - Paris Jourdan Sciences Economiques - UP1 - Université Panthéon-Sorbonne - ENS Paris - École normale supérieure - Paris - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement);
Richard Duhautois (LIRSA - Laboratoire interdisciplinaire de recherche en sciences de l'action - CNAM - Conservatoire National des Arts et Métiers [CNAM], CEET - Centre d'études de l'emploi et du travail - CNAM - Conservatoire National des Arts et Métiers [CNAM] - M.E.N.E.S.R. - Ministère de l'Education nationale, de l’Enseignement supérieur et de la Recherche - Ministère du Travail, de l'Emploi et de la Santé);
Cédric Zimmer (LIRSA - Laboratoire interdisciplinaire de recherche en sciences de l'action - CNAM - Conservatoire National des Arts et Métiers [CNAM], CEET - Centre d'études de l'emploi et du travail - CNAM - Conservatoire National des Arts et Métiers [CNAM] - M.E.N.E.S.R. - Ministère de l'Education nationale, de l’Enseignement supérieur et de la Recherche - Ministère du Travail, de l'Emploi et de la Santé) |
| Abstract: |
There have been many studies of the impact of manager turnover on club
performance, especially in European leagues. The methodology used and the
measures for performance do not seem to affect the results of the different
studies. However, studies using a control group have generally had
inconclusive results (Scelles and Llorca, 2019). Our paper examines the impact
of within-season manager change on club performance using information from the
French Ligue 1 over the period 1998-2018. The clubs that change their manager
have different characteristics from clubs that do not. Some may be observed
(as points before dismissal), and others remain unobservable in the data. We
use an empirical method that takes observable differences between clubs into
account (through exact matching) and corrects for unobserved characteristics
(through difference-in-differences). Our results show that the overall effects
of a change of manager on team performance are insignificant, except in the
short term where they are positive and statistically significant for the
majority at the 10 % level. Decomposing between home and away games, the
effect is only positive and significant for home games, suggesting that this
would be more the consequence of fan pressure (through satisfaction with a
board decision) than any difference in quality between the old and the new
manager. |
| Keywords: |
Exact-matching,French Ligue 1,football manager dismissals,Team performance |
| Date: |
2020–03 |
| URL: |
http://d.repec.org/n?u=RePEc:hal:psewpa:halshs-02505315&r=all |