We analyze self-selection decisions regarding teamwork both theoretically and empirically. While we focus on individual talent, we also investigate the effects of team tasks, individual teamwork skills, and expectations concerning the talent and teamwork skills of potential teammates as further...

An old soccer myth states that teams affected by a sending-off perform better than they would have without the penalty. Using economic theory, we analyze the course of a soccer match after a sending-off and test our hypotheses using data from the German Bundesliga from 1999 to 2009. The results...

We empirically explore the relevance of risk taking behavior in tournaments. We make use of data from the NBA season 2007/2008 and measure risk taking by the fraction of three-point shots. Current heterogeneity of teams is taken into account by intermediate results. It turns out that indeed...

The paper presents experimental evidence on the impact of managers and their incentives on the behavior of group members in intergroup contests. I find that members follow the nonbinding investment recommendations of their group manager in particular if the managers payoff does not depend on the...

The aim of the paper is to determine how much intangible motives are involved in nursing satisfaction. The research population consisted of nurses with secondary and university degrees in the field of multiple health centers in the central part of Croatia. Random selection based on data...

The global economic situation and need to be better prepared for competitive challenges put pressure on modern companies to shift toward automation and digitalization. As a consequence of rapid technological development and the speed of change and therefore forced transformation of business...

The paper reviews emerging aspects of leadership in business organizations under the conditions of the Covid-19 pandemic as identified two levels of its realization – on an organizational one and individual one, cultural approach to leadership, pursuing leadership through human resources and...

A few years ago it was typical to give one’s subsidiaries a free rein and send managers overseas from headquarters only. But today a great deal depends on overcoming this one-way street and in looking for and employing the best-suited managers, regardless of their origins. What contribution...

The aim of this paper is to explore the impact of organizational culture on the process of organizational learning and knowledge management. This goal has been achieved through reviewing the relevant literature and synthesizing the conclusions found in it. The review of the researches has shown...

Change Management is often defined as a structured approach to transitioning individuals, teams and organisations from a current to desired future state, aimed firstly at employee empowerment for accepting that change. But that change inevitably brings fear: fear of being unable to adapt, fear...