Producer Cartels in English League Football

The institutional arrangements of sport, like other forms of human activity, are increasingly susceptible to the analytical attentions of economists. Anthony Arnold, of the University of Essex, and Ivor Benveniste, Training Manager at Levy Gee Training, examine English League football to discover inefficient patterns of cross-subsidisation, restrictive practices, a producer cartel and the exploitation of smaller clubs by larger.     

Team performance: the case of English Premiership football

Sporting production function studies have been almost entirely US based concentrating largely, although not exclusively, on baseball. Mainly due to a dearth of match play statistics, there have been few studies of other sports, with that of association football being a significant omission given the sport's international appeal and global coverage. This study attempts to redress the balance by utilizing a new data source, containing information on a range of specific play variables, to estimate a production function for English Premiership football. Our results emphasize the key attacking and defensive skills, and provide support for the notion that teams may intentionally employ dubious or illegal tactics to succeed. The inclusion of team effects provides evidence consistent with the view of the emergence of an elite group of clubs dominating the league. Copyright © 2000 John Wiley & Sons, Ltd.     

Organizational performance and managerial turnover

Involuntary and voluntary managerial job‐termination hazard functions are estimated for English professional soccer for the period 1972–1997. A novel feature is the use of match‐level data, which reveals aspects of the hazard otherwise concealed by estimation using annual data. Short‐term fluctuations in performance strongly influence the involuntary termination hazard. The latter is also heavily dependent on the team's current league position relative to its position when the manager took charge, and on the win ratio over the entire spell. Managerial human capital attributes are found to have a greater influence on the voluntary rather than on the involuntary termination hazard. Copyright © 1999 John Wiley & Sons, Ltd.     

陕西省高校足球联赛现状与思考

在当今足球运动风靡全世界的情况下,陕西省高校足球面临发展的良好机遇。群众基础较为广泛,但整体水平不高,竞赛制度不完善是当今陕西省高校足球的发展现状。借鉴CUBA,对陕西省大学生足球联赛进一步发展提出积极建议,使陕西省高校足球运动更好地发展。     

The National Football League payroll cost function and labor market institutional changes

Sports club payroll costs typically comprise over 50% of sport clubs' total operating expenses, but little is known empirically about this largest component of club costs. Using data from the National Football League Players Association Salary Cap Information System from 1981 to 2000, a National Football League club payroll cost function is estimated to examine the impact of labor market institutional changes (strikes and collective bargaining) and to test existing theoretical sports club cost functions. As expected, strikes have a negative effect on total payroll, and the two collective bargaining agreements had opposite effects during this time period. Additionally, empirical support is provided for the standard two‐team sport league cost function.     

Long-term performance of divesting firms and the effect of managerial ownership

We study the long-term performance of firms that divest assets to assess whether gains arise from reducing agency costs. We find that divesting firms underperform control firms before the divestiture and outperform control firms following the divestiture. The poor performance experienced by divesting firms is unrelated to managerial ownership, but the post-divestiture improvement in performance is strongly related to stock ownership by the CEO. The results support the argument that divestitures remove assets that generate negative synergies and that managerial ownership provides strong incentives to improve operations following the divestiture.     

Catching a draft: on the process of selecting quarterbacks in the National Football League amateur draft

The reverse order college draft gives the worst teams in the National Football League (NFL) the opportunity to hire the best amateur talent. For it to work effectively, teams must be able to identify the “best” talent. Our study of NFL quarterbacks highlights problems with the draft process. We find only a weak correlation between teams’ evaluations on draft day and subsequent quarterback performance in the NFL. Moreover, many of the factors that enhance a quarterback’s draft position are unrelated to future NFL performance. Our analysis highlights the difficulties in evaluating workers in the uncertain environment of professional sports.     

A procedure to estimate relative powers in binary contacts and an application to Dutch Football League results

Summary In this paper a simple model is developed to explain and to predict the results of "binary contacts" in a set of n subjects with different powers where couples meet each other in binary contacts. The outcome is explained by a comparison of the respective powers and the random influences. The problem is to estimate the powers of the subjects from observations in the past and to predict the outcomes of future contacts. The model is relevant in many economic and Sociological settings. Here it is applied to the Dutch Football League results to estimate the relative powers of the teams and to predict the outcomes of future matches.     

The influence of managerial satisfaction on corporate environmental performance and reputation

Organizational studies have widely debated the relationship between job satisfaction and job performance. Some papers have dealt with managerial satisfaction and businesses' performance adopting agency theory to interpret the results. However, no studies have yet considered the relationship between the satisfaction levels of an environmental manager and corporate environmental performance. This paper thus analyses the role played by the environmental manager's satisfaction in enhancing corporate environmental performance and reputation. The paper uses data from a survey of 412 Eco Management and Audit Scheme registered organizations. The results show a positive relationship between managerial satisfaction and environmental performance, whereas no such positive relationship was found when considering eco‐innovation performance. In addition, the environmental manager's satisfaction has a positive and indirect influence on the corporate environmental reputation. These results contribute to the literature on agency theory and aim to extend the debate between job satisfaction and job performance to the sustainable business field.     

Competitive priorities and managerial performance: a taxonomy of small manufacturers

Much of the research in manufacturing strategy has focused on specific relationships between a few constructs, with relatively little emphasis on typologies and taxonomies [Bozarth, C., McDermott, C., 1998. Configurations in manufacturing strategy: a review and directions for future research. Journal of Operations Management 16 (4) 427–439]. Using data from 196 respondents in 98 manufacturing units, this study develops a taxonomy of small manufacturers based on their emphasis on several competitive priorities. The annual sales for 64% of the participating units in this study are below US$50 million, which is on the lower side as compared to other studies in this area [cf., Miller, J.G., Roth, A.V., 1994. A taxonomy of manufacturing strategies. Management Science 40 (3) 285–304]. The study findings indicate that different groups of manufacturers — Do All, Speedy Conformers, Efficient Conformers, and Starters — emphasize different sets of competitive priorities, even within the same industry. Further, the Do All types, who emphasize all four competitive priorities, seem to perform better on customer satisfaction than their counterparts in the Starters group. The above findings lend support to the sandcone model but contradict the traditional trade-off model.     

做好新形势下国有企业兼职团干部队伍建设的思考

近年来,国有企业团干部队伍中的兼职团干部所占比例呈扩大趋势.如何更好地发挥好国企兼职团干的积极性,增强共青团的建设能力,服务好企业中心工作,是国企共青团工作需要迫切解决的问题.文章重点阐述了国企兼职团干部队伍建设存在的问题及解决时策.     

做好新形势下国有企业兼职团干部队伍建设的思考

近年来，国有企业团干部队伍中的兼职团干部所占比例呈扩大趋势。如何更好地发挥好国企兼职团干的积极性，增强共青团的建设能力，服务好企业中心工作，是国企共青团工作需要迫切解决的问题。文章重点阐述了国企兼职团干部队伍建设存在的问题及解决对策。     

Asset-light strategy,managerial ability,and corporate performance of the Asian telecommunications industry

This paper examines the effects of asset-light strategy on the corporate performance of listed Asian telecommunications corporations and the moderating effect of managerial ability on the association between asset-light strategy and corporate performance. The study applies the dynamic slacks-based measure (DSBM) model and Tobit regression to measure managerial ability. The empirical results show that asset-light strategy positively affects corporate performance and that managerial ability has a significant moderating effect on the relationship between the degree of asset-lightness (DAL) and corporate performance. The findings further show that the greater the managerial ability, the stronger the relationship between DAL and corporate performance.     

Unintended responses to performance management in dutch hospital care: Bringing together the managerial and professional perspectives

As part of a major health care reform starting in 2005, the Netherlands introduced a Diagnosis-Related Group (DRG) system of hospital care reimbursement and performance measurement. The DRG system was applied to all hospital care, meaning that it affected the overwhelming majority of Dutch specialist medical professionals. To better understand the consequences of this new system, and the responses of medical professionals to its implementation, we conducted and analysed an original set of sixty-six semi-structured interviews focused on medical specialists’ perception and utilization of the system. Our findings indicate that these professionals’ behaviours can seldom be ascribed to financial motives alone. Many responses of medical professionals to the new system were attributed to value-based motivations, related to upholding professional ethos and accommodating the dynamics of the professional process. Even responses that might be characterized at first as financially driven could not be entirely understood as perverse effects of the performance management system, as they too usually had an ancillary aim of safeguarding the professional tenets of the medical establishment.     

R&D investment and future firm performance: The role of managerial overconfidence and government ownership

We investigate the relationship among managerial overconfidence (MO), government ownership, and research and development (R&D) investment using data from Vietnamese public companies for the period 2007–2016. We also investigate how R&D investment, given MO and government ownership, affect future firm performance. Our results indicate that MO and government ownership are positively related to R&D investment. Conceptually, this study investigates novel factors affecting of R&D investment and their role in improving firm performance. Overall, this study emphasizes the importance of R&D investment in the corporate world, improving firm performance and, ultimately, economic prosperity.     

An analysis of the managerial performance of Italian museums using a generalised conditional efficiency model

Museums are important cultural institutions having the mission of conserving, interpreting, researching and displaying heritage. The evaluation of their efficiency has been extensively investigated in the literature using different approaches and methods. In this paper, we employ a generalised conditional efficiency model to assess the true efficiency of Italian museums, i.e. the efficiency in the provision of museums' service potential, consistently dealing with the impact of the socio-demographic and institutional environment in which museums operate. Results show that the operational environment matters. In particular, conditional estimates suggest that higher income levels and larger hospitality sectors positively influence museums efficiency. Ownership matters: museums’ service potential is higher for private institutions while, among public institutions, efficiency is generally lower for state-owned museums.     

Predictive analysis and modelling football results using machine learning approach for English Premier League

The introduction of artificial intelligence has given us the ability to build predictive systems with unprecedented accuracy. Machine learning is being used in virtually all areas in one way or another, due to its extreme effectiveness. One such area where predictive systems have gained a lot of popularity is the prediction of football match results. This paper demonstrates our work on the building of a generalized predictive model for predicting the results of the English Premier League. Using feature engineering and exploratory data analysis, we create a feature set for determining the most important factors for predicting the results of a football match, and consequently create a highly accurate predictive system using machine learning. We demonstrate the strong dependence of our models’ performances on important features. Our best model using gradient boosting achieved a performance of 0.2156 on the ranked probability score (RPS) metric for game weeks 6 to 38 for the English Premier League aggregated over two seasons (2014–2015 and 2015–2016), whereas the betting organizations that we consider (Bet365 and Pinnacle Sports) obtained an RPS value of 0.2012 for the same period. Since a lower RPS value represents a higher predictive accuracy, our model was not able to outperform the bookmaker’s predictions, despite obtaining promising results.     

Time and space in managerial work

Is top management work a stable or a changing phenomenon? Compared to a classic study about managerial work (Executive Behaviour, Strömbergs, Stockholm, 1951), this article examines evolving management practices in the internationalised economy. The results show that the participants in the new study exercised control in a more general and financially oriented way. At the same time, the important stakeholder relations have shifted from national actors such as government and trade associations towards financial and commercial actors in an international arena. But the perhaps most interesting development is the transforming nature of fragmentation in managerial work. In contrast to Carlson, who related fragmentation to time, this article highlights the emergence and consequences of fragmented space.