It is widely acknowledged that derbies between two teams from the same city or region catch more public attention than "normal" soccer matches. Terms such as "Old Firm" (Rangers vs. Celtic), "Merseyside" (Liverpool FC vs. Everton FC), "Supercla' sico" (Boca Juniors vs. River Plate), and...

A popular soccer myth states that teams affected by a sending-off perform better than they would have performed without the penalty. Based on economic theory, we analyze the course of soccer matches using data from the German Bundesliga from 1999 to 2009. The results show that sending-offs...

Derbies between two teams from the same city or region catch more public attention than "normal'' soccer matches. Terms such as "Old Firm" (Rangers vs. Celtic), "Merseyside" (Liverpool FC vs. Everton FC), "Superclásico'' (Boca Juniors vs. River Plate), and "Revierderby" (Dortmund vs. Schalke)...

Within the discussion about an efficient corporate governance system, considerable attention has been paid to the supervisory board's responsibility to monitor top executives raising the question about the value relevance of supervisory board's actions (i.e., control). We conduct an event study...