Managerial efficiency and human capital: An application to English association football

Peter Dawson, Stephen Dobson

Research output: Contribution to journalArticlepeer-review

61 Citations (Scopus)


The problem of hidden action in organizations makes direct measurement of managerial performance problematic. But in English association football hidden action is unlikely to be as serious a problem because the owner observes the manager's performance each time the team plays. In this situation production frontier analysis may be used to measure managerial performance and analyze the variation in performance across managers in terms of manager human capital. Having some kind of prior affiliation with the club and achieving international recognition as a player are especially important. Overall, initial experience matters more than specific and general managerial experience. Copyright.

Original languageEnglish
Pages (from-to)471-486
Number of pages16
JournalManagerial and Decision Economics
Issue number8
Early online date28 Nov 2002
Publication statusPublished - 1 Dec 2002
Externally publishedYes

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