scholarly journals The Role of Celebrity and Status in the Performance–Pay Relationship: Evidence from the ‘Big Five’ European Football Leagues

M n gement ◽  
2021 ◽  
pp. 1-16
Author(s):  
Antonio Giangreco ◽  
Barbara Slavich ◽  
Alessandro Piazza ◽  
Fabrizio Castellucci ◽  
Cyrus Mohadjer

This study explores the reasons behind the existence of frequent mismatches between performance of individuals in organisations and their salary, with a specific focus on contexts where actors or employees are highly visible and representative of organisations. We argue that two intangible assets – celebrity and status – might affect the intensity of the link between individual performance and pay levels. Using a panel data set of professional footballers from the top five European leagues, we find that there is a positive association between players’ performance in one period (season) and their salary in the subsequent season, and that this relationship is negatively moderated by both the players’ celebrity and status. Theoretical contributions and managerial implications are discussed, along with the generalisability of the results to other settings.

2019 ◽  
Vol 30 (2) ◽  
pp. 439-462 ◽  
Author(s):  
Carlos Tam ◽  
Ana Loureiro ◽  
Tiago Oliveira

Purpose While most e-commerce studies focus on the understanding of online customer behaviour, mainly adoption and purchase behaviours. The purpose of this paper is to examine the relationship between e-commerce and individual performance. The authors test the role of systems, information and service quality in e-commerce use and user satisfaction. Trust may become an important aspect for a consumer’s decision making, based on this the authors identify the effect of the role of trust on e-commerce use, user satisfaction and its impact on individual performance. This research has theoretical and managerial implications, since the protagonism of e-commerce is increasing in both academia and industry. Design/methodology/approach The authors apply a research model that integrates information systems success dimensions and user behaviour in the form of trust. The empirical approach was based on an online survey questionnaire of 437 individuals from Portugal. Findings The results reveal that overall quality and overall trust are important to explain use and user satisfaction in the context of e-commerce, which further leads to individual performance. The findings indicate that a higher level of use and user satisfaction increase individual performance. Originality/value The authors integrate information systems success dimensions and overall trust to understand the significance of e-commerce individual performance. The authors expect the results to enrich the understanding of the importance of considering both technological and behavioural factors to increase the success of e-commerce.


2021 ◽  
Vol 16 (3) ◽  
pp. 327-357
Author(s):  
Arifa Akter ◽  
◽  
Mohammad Kamal Hossain ◽  
Mohammad Jahangir Alam ◽  
Md. Shajul Islam ◽  
...  

This study examined whether various attributes of the audit committee of listed banks in Bangladesh explain the level of non-performing loans (NPLs). This study used a panel data set comprising all 30 listed banks with 250 bank-year observations for the period 2013–2017. It employed the random-effects GLS regression model with cluster robust standard error and AR (1) disturbance to examine the effect of several audit committee attributes on NPLs. We found that holding audit committee meetings frequently and a higher number of independent members in the audit committee facilitate to reduce NPLs. We, however, find no explicit evidence that the other attributes of the audit committee examined (audit committee size, financial experience and financial literacy of the audit committee members, professional qualifications of the audit committee Chairman) contribute in reducing NPLs. The findings will be useful for policymakers of the banking sector in Bangladesh and the relevant regulatory bodies in enabling them to understand the role of the various attributes of the audit committee in the incidence of NPLs. Keywords: attributes, audit committee, non-performing loans (NPLs), listed banks, Bangladesh


2018 ◽  
Vol 71 (4) ◽  
pp. 824-847
Author(s):  
Nathalie Scholl ◽  
Stephan Klasen

Abstract In this paper, we revisit the inequality–growth relationship using an enhanced panel data set with improved inequality data. We explicitly take into account the special role of transition (post-Soviet) countries and add an instrumental variable (IV) estimation to add a causal interpretation to our findings. Our analysis is based on the specification used by Forbes in her 2000 paper, but we also address functional form concerns raised by Banerjee and Duflo three years later. We arrive at three main findings: First, the significant positive association between inequality and economic growth in the full sample is entirely driven by transition countries. Second, this relationship in transition countries is not robust to the inclusion of separate time effects. Lastly, it appears that this association is not causal but rather driven by the particular timing of the transition. Results from IV estimation confirm our interpretation of the observed positive relationship in the overall sample as non-causal.


Author(s):  
Javier Barbero ◽  
Ernesto Rodríguez-Crespo

We explore the effect of institutional quality on participation in global value chains (GVCs) by distinguishing between backward and forward participation. Using a sample of 63 OECD and non-OECD countries during the period 2005–2015, the results obtained from a panel data estimation are twofold. First, we obtain a positive association between institutional quality and participation in GVCs, with slightly greater effects for backward than for forward participation. Second, we find that results are sensitive to the dimension of the institutions considered, with Voice and Accountability being associated with more backward participation, and Rule of Law and Political Stability with more forward participation


2020 ◽  
Author(s):  
Sameer Malik ◽  
Arup Mitra

Abstract This paper based on the United Nations Industrial Development Organization (UNIDO) panel data set makes an attempt to estimate total factor productivity growth across countries. Productivity convergence over time is evident when countries are divided across regions which could be attributed to a greater degree of association of countries in a given region pursuing joint efforts for infrastructural development, ICT coverage and advancement, trade negotiations, technology acquisition and innovation, and inflow of FDI. In terms of efficiency estimates for select years most of the countries are seen to be operating much below the frontier. This is indicative of the fact that countries are keen to pursue resource-driven growth in an attempt to maximize it. Based on the inter-temporal data we observed that a number of countries registered either a negative or a positive but low correlation between labour productivity growth and TFPG. Evidently, countries are engaged in greater mechanization which may be raising labour productivity without ushering in much success in terms of TFPG. From panel data regression the impact of technology perceived in terms of TFPG, on employment is seen to be negligible though it is important to note that none of the groups, income or region wise, recorded a statistically significant negative effect except the LDC, while the significant cases (howsoever scanty) reveal a positive association. Appropriate incentives may motivate firms to experience technological progress and employment growth both.


2018 ◽  
Vol 72 (4) ◽  
pp. 849-862
Author(s):  
Ana Catalano Weeks

In light of increasing numbers of women in politics, extant research has examined the role of women in the parliamentary party on agenda-setting. This paper complements that literature by exploring the effect of a gendered institution theorized to promote both numbers of women and awareness of women’s interests: gender quota laws. I suggest that after a quota law, parties could have incentives to either reduce ( backlash effect) or increase ( salience effect) attention to women’s policy concerns. Using matching and regression methods with a panel data set of parties in advanced democracies, I find that parties in countries that implement a quota law devote more attention to social justice issues in their manifestos than similar parties in countries without a quota. Furthermore, the paper shows that this effect is driven entirely by the law itself. Contrary to expectations, quota laws are not associated with increases in women in my (short-term) sample; it is thus no surprise that no evidence of an indirect effect through numbers of women is found. I interpret the findings as evidence of quota contagion, whereby quotas cue party leaders to compete on gender equality issues.


2019 ◽  
Vol 23 (5) ◽  
pp. 919-938
Author(s):  
Despoina Filiou ◽  
Heinz Tusselmann ◽  
Lawrence Green

Purpose The purpose of this paper is to explore the role of alliance experience in firm innovation; it argues that, while cumulative alliance experience has a marginally diminishing contribution to likelihood of firm innovation over time, frequent engagement in alliances and an expanding alliance portfolio inhabit an enhancing role. This reveals new dimensions to the role of alliance experience as an antecedent to firm learning in managing alliances and to the development of alliance capabilities. Design/methodology/approach The paper estimates a range of models identifying the relationship between alliance experience and firm innovation. The panel data sample captures the full range of firms active in the UK bio-pharmaceuticals sector during the early stages of its development observing them from 1991 to 2001. An exploratory case study analysis is employed to shed light on the nuanced factors linking frequent engagement in alliances to the development of practices for efficient alliance management. Findings The paper shows that cumulative alliance experience has a marginally diminishing contribution to likelihood of firm innovation over time, while frequent engagement in alliances and the ensuing expansion of alliance portfolios enhance firm innovation. The exploratory case analysis demonstrates a link between frequent engagement in alliances and the development of processes for alliance management that could collectively reflect alliance capabilities. Originality/value Contribution derives from a longitudinal analysis of an original panel data set that maps the UK bio-pharmaceuticals sector over the initial period of its development. The paper sheds light on factors that can compel firms to form alliance capabilities, and extends a currently thin body of work on the foundations and antecedents to alliance and alliance portfolio capabilities.


2021 ◽  
pp. 135676672110204
Author(s):  
Susana Cró ◽  
Pedro Correia ◽  
António Miguel Martins

The purpose of this study is to investigate the importance of promotion expenditures, direct flights, and climate, among other variables commonly used in gravity models, in the attractiveness of international tourists to an insular destination, in this particular case, Madeira. These three variables are rarely present in gravity models that analyse international demand. Given the possibility of endogeneity, a dynamic model is estimated for the annual panel data set of the 13 main tourist-generating markets for Madeira between 2005 and 2018. The results indicate that traditional gravity variables are significant in explaining international demand. They also show that promotion expenditures, climate, and the number of direct flights are important competitive factors. Promotion expenditures are of fundamental importance given the weight of the tourism sector in insular economic activity. Our results contribute to the debate that has already started about effective tourism policy making and strategies in the post-pandemic of COVID-19.


2020 ◽  
pp. 031289622097060
Author(s):  
Boumediene Ramdani ◽  
Cherif Guermat ◽  
Kamel Mellahi

Although the practice of downsizing is prevalent, its effects on organisational outcomes remain poorly understood. This article examines how and when downsizing affects organisational innovation. Using a unique data set of UK firms over a period of 22 years, we test the effect of downsizing on innovation outputs by considering the moderating role of resource slack and constraints. We argue and empirically demonstrate that downsizing has a dual effect on innovation, contingent on the firm’s level of resources. Our results reveal that downsizing affects innovation outputs positively in firms experiencing resource slack and negatively in firms experiencing resource constraints. We also show that the effect is more immediate in resource-constrained firms. Theoretical and managerial implications of these results are discussed. JEL Classification: J63, L25, M51, O32


2014 ◽  
Vol 31 (6) ◽  
pp. 601-620 ◽  
Author(s):  
Alexander Mohr ◽  
Georgios Batsakis

Purpose – The purpose of this paper is to study draws on the resource- and knowledge based views (RBV/KBV) of the firm to explain the internationalisation speed of retail firms. Design/methodology/approach – The authors use a panel data set of 144 international retailers over a ten-year period and employ feasible generalised least squares analysis in order to assess the effect of intangible assets and international experience on internationalisation speed. Findings – The results support direct effects of intangible assets and international experience, while the latter effect is also moderated by firms’ home-region concentration. Research limitations/implications – The study investigates the determinants of retailers’ internationalisation speed. While research stresses the positive performance effects of rapid internationalisation, future research should investigate the role of internationalisation speed for the performance of retailers empirically. The findings support the usefulness of adopting a RBV/KBV for explaining internationalisation speed. Practical implications – The findings imply that firms need to have particular intangible resources before being able to internationalise rapidly. They also show that decision-makers need to be mindful of the effects of international experience in allowing them to expand overseas both within and outside their home region. Originality/value – There has been very little research into the speed with which firms in general and service sector firms in particular expand their operations internationally. Through a theory-based analysis of a newly created panel data set this study provides novel insights into the factors that lead retail firms to internationalise rapidly.


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