nep-spo New Economics Papers
on Sports and Economics
Issue of 2007‒01‒02
two papers chosen by
Joao Carlos Correia Leitao
Universidade da Beira Interior
  1. Does Manager Turnover Improve Firm Performance? New Evidence Using Information from Dutch Soccer, 1986-2004 By Bas ter Weel
  2. Hooliganism in the Shadow of the 9/11 Terrorist Attack and the Tsunami: Do Police Reduce Group Violence? By Panu Poutvaara; Mikael Priks
  1. By: Bas ter Weel (MERIT, Maastricht University and IZA Bonn)
    Abstract: This research examines the impact of manager turnover on firm performance using information from the Dutch soccer league in the period 1986-2004. The advantage of using sports data is that both manager characteristics and decisions and firm outcomes are directly observable. Both difference-in-difference and 2SLS estimates suggest no improvements in firm performance after manager turnover, whereas previous research based on publicly traded firm data has found positive but very small effects of manager turnover on firm performance. In addition, manager quality does not seem to matter in predicting turnover. These estimates are compared and contrasted with studies using publicly traded firm data.
    Keywords: management turnover, firm performance
    JEL: J24
    Date: 2006–12
    URL: http://d.repec.org/n?u=RePEc:iza:izadps:dp2483&r=spo
  2. By: Panu Poutvaara; Mikael Priks
    Abstract: This paper isolates the causal effect of policing on group violence, using unique panel data on self-reported crime by soccer and ice hockey hooligans. The problem of reverse causality from violence to policing is solved by two drastic reallocations of the Stockholm Supporter Police unit to other activities following the 9/11 terrorist attack in September 2001 and the Tsunami catastrophe in December 2004. Difference-in-difference analysis reveals that Stockholm-related hooligan violence increased dramatically during these periods.
    Keywords: police, violence, hooliganism, natural experiments
    JEL: K10 K42
    Date: 2006
    URL: http://d.repec.org/n?u=RePEc:ces:ceswps:_1882&r=spo
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