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Why Do Leaders Matter? The Role of Expert Knowledge
dc.contributor.author | Goodall, Amanda H. | |
dc.contributor.author | Kahn, Lawrence M. | |
dc.contributor.author | Oswald, Andrew J. | |
dc.date.accessioned | 2020-11-17T16:58:18Z | |
dc.date.available | 2020-11-17T16:58:18Z | |
dc.date.issued | 2008-06-01 | |
dc.identifier.other | 536854 | |
dc.identifier.uri | https://hdl.handle.net/1813/74749 | |
dc.description.abstract | Why do some leaders succeed while others fail? This question is important, but its complexity makes it hard to study systematically. We draw on a setting where there are well-defined objectives, small teams of workers, and exact measures of leaders’ characteristics and organizational performance. We show that a strong predictor of a leader’s success in year T is that person’s own level of attainment, in the underlying activity, in approximately year T-20. Our data come from 15,000 professional basketball games and reveal that former star players make the best coaches. This ‘expert knowledge’ effect is large. | |
dc.language.iso | en_US | |
dc.subject | Organizational performance | |
dc.subject | firms | |
dc.subject | leadership | |
dc.subject | fixed-effects | |
dc.subject | productivity | |
dc.title | Why Do Leaders Matter? The Role of Expert Knowledge | |
dc.type | article | |
dc.description.legacydownloads | GoodallKahnOswaldBasketball_June_2008.pdf: 803 downloads, before Oct. 1, 2020. | |
local.authorAffiliation | Goodall, Amanda H.: Warwick Business School | |
local.authorAffiliation | Kahn, Lawrence M.: lmk12@cornell.edu Cornell University | |
local.authorAffiliation | Oswald, Andrew J.: Warwick University |