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The revenues of professional football clubs in Europe have increased enormously over the last decades. The big five European leagues (England, France, Germany, Italy, and Spain) in 2007-08 generated revenues of almost €10 billion, of which €3 billion have to be attributed to the English...
Persistent link: https://www.econbiz.de/10010905490
Some authors suggest that firing a coach reflects a principal-agent problem between team managers and coaches. Another explanation emphasizes the matching problem between teams and coaches. This paper provides empirical evidence for the latter: Using German soccer league data, we analyze the...
Persistent link: https://www.econbiz.de/10010956864
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"Sports fans all over the world have recently witnessed an increasing number of spectacular doping cases, leading to considerable annoyance in the public. However, our knowledge regarding the prevalence of doping is still quite limited, leading some people to speculate that (nearly) all...
Persistent link: https://www.econbiz.de/10005203422
In many professional team sports leagues the revenues generated from the sale of broadcasting rights are shared more or less equally among the teams in that league. This redistribution is justified by the need to maintain or imporve 'competitive balance'. Using a large data set from 12 major...
Persistent link: https://www.econbiz.de/10005207915
Les économistes sont largement d'avis que la séparation de la propriété et du contrôle est plutôt néfaste pour la performance d'une entreprise, tandis que la compétition sur le marché des produits est censée avoir une influence positive. Sans égard à leur plausibilité, ces deux...
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