Some authors suggest that firing a coach reflects a principal-agent problem between team managers and coaches. Another …

That football Head Coaches will be dismissed for poor performance and will quit when they have better outside options … bad luck and may find it difficult to identify and attract talented managers from other clubs. Indeed, most of the … and quits are more common in Italy and Spain than in Germany and France, suggesting institutions may be important. We …

We study the impact of managers on the success of professional soccer teams using data from the German "Bundesliga". We … evaluate the performance impact of individual managers by estimating regression models that include both team and manager fixed … effects, where we are exploiting the high turnover of managers between teams to disentangle the managers' contributions. We …