Bernd Frick

Bio: Bernd Frick is an academic researcher from University of Paderborn. The author has contributed to research in topics: Football & Productivity. The author has an hindex of 30, co-authored 134 publications receiving 2597 citations. Previous affiliations of Bernd Frick include National Institute of Economic and Social Research & University of Trier.

The football players' labor market: empirical evidence from the major european leagues

Abstract: The growing economic importance of professional football and the recent fundamental changes in the regulatory regime governing the football players' labor market together with the availability of detailed information on player salaries, transfer fees and contract lengths have convinced an increasing number of economists from all over Europe to devote their attention to the operation of that particular market. The following paper reviews the available evidence on the various dimensions of that market (remuneration, transfers, contracts and mobility) and points out some promising directions for further research.

The impact of managerial quality on organizational performance: evidence from German soccer

Abstract: Although a considerable literature exists on the determinants of managerial compensation, much of it focussing on the role of incentives, there is much less known about the impact of managerial remuneration and quality upon attainment of organizational goals. In this paper we apply two distinct econometric methods to panel data on head coach quality and team performance in Germany’s premier soccer league. We find that, given a particular amount of spending on players relative to the rest of the league, a team that hires a better quality head coach can expect to achieve improved performance.

Pay inequalities and team performance

Abstract: Wage disparities and their consequences have long been a topic of economic research. While most papers focus on describing the development of wage differentials over time and seek to identify the reasons for the observed patterns, few attempts have been made to analyze the influence of pay inequality on economic outcomes. A unique and rather large data set from the North American team sports industry is used to address the question how wage disparities affect the performance of professional teams. First, changes in intra‐ and inter‐team wage inequality are documented. Second, the impact of wage inequality on team performance is directly analyzed. Overall, the results differ to a considerable degree between the four major leagues, suggesting that the relative importance of high‐powered incentives and cooperation is different in football and hockey from basketball and baseball.

The Returns to Scarce Talent: Footedness and Player Remuneration in European Soccer

Abstract: The authors investigate the salary returns to the ability to play football (soccer) with both feet. The majority of footballers are predominantly right footed. Using two data sets, a cross section of footballers in the five main European leagues and a panel of players in the German Bundesliga, the authors find robust evidence of a substantial salary premium for two-footed ability, even after controlling for available player performance measures. The authors assess how this premium varies across the salary distribution and by player position.

Globalization and Factor Mobility: The Impact of the ``Bosman-Ruling'' on Player Migration in Professional Soccer

Abstract: Since the 1960s, increasing numbers of football players from Eastern Europe, South America, Africa, and Asia have been migrating to the top leagues in Western Europe (England, France, Germany, Italy, and Spain). This development has been massively fostered by the ``Bosman ruling'' of the European Court of Justice in December 1995. Perhaps surprisingly, the decreasing playing time that is now available to ``local players'' has not yet resulted in an increasing competitive balance of the national teams of countries importing players and those exporting players.

Using Multivariate Statistics

Abstract: Thank you for downloading using multivariate statistics. As you may know, people have look hundreds times for their favorite novels like this using multivariate statistics, but end up in infectious downloads. Rather than reading a good book with a cup of tea in the afternoon, instead they juggled with some harmful bugs inside their laptop. using multivariate statistics is available in our digital library an online access to it is set as public so you can download it instantly. Our books collection saves in multiple locations, allowing you to get the most less latency time to download any of our books like this one. Merely said, the using multivariate statistics is universally compatible with any devices to read.

Corporate Governance and Control

Abstract: Corporate governance is concerned with the resolution of collective action problems among dispersed investors and the reconciliation of conflicts of interest between various corporate claimholders. In this survey we review the theoretical and empirical research on the main mechanisms of corporate control, discuss the main legal and regulatory institutions in different countries, and examine the comparative corporate governance literature. A fundamental dilemma of corporate governance emerges from this overview: regulation of large shareholder intervention may provide better protection to small shareholders; but such regulations may increase managerial discretion and scope for abuse.

Gender Diversity in the Boardroom and Firm Performance: What Exactly Constitutes a 'Critical Mass'?

Abstract: The under-representation of women on boards is a heavily discussed topic – not only in Germany. Based on critical mass theory and with the help of a hand-collected panel data set of 151 listed German firms for the years 2000-2005, we explore whether the link between gender diversity and firm performance follows a U-shape. Controlling for reversed causality, we find evidence for gender diversity to at first negatively affect firm performance and – only after a “critical mass” of about 30 percent women has been reached – to be associated with higher firm performance than completely male boards. Given our sample firms, the critical mass of 30 percent women translates into an absolute number of about three women on the board and hence supports recent studies on a corresponding “magic number” of women in the boardroom.