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...

"We study the characteristics and abilities of CEO candidates for companies involved in buyout (LBO) and venture capital (VC) transactions and relate them to hiring decisions, investment decisions, and company performance. Candidates are assessed on more than thirty individual abilities. The...

We study the characteristics and abilities of CEO candidates for companies involved in buyout (LBO) and venture capital (VC) transactions and relate them to hiring decisions, investment decisions, and company performance. Candidates are assessed on more than thirty individual abilities. The...

We study the characteristics and abilities of CEO candidates for companies involved in buyout (LBO) and venture capital (VC) transactions and relate them to hiring decisions, investment decisions, and company performance. Candidates are assessed on more than thirty individual abilities. The...

In this study, we investigate why CEOs seem to be held more accountable for poor firm performance in some countries than others. We integrate research from comparative corporate governance and agency theory to identify and evaluate four fundamental assumptions underlying most theoretical...