Tobias Berger and Frank Daumann
The NBA Draft policy pursues the goal to provide the weakest teams with the most talented young players to close the gap to the superior competition. But it hinges on appropriate…
Abstract
Purpose
The NBA Draft policy pursues the goal to provide the weakest teams with the most talented young players to close the gap to the superior competition. But it hinges on appropriate talent evaluation skills of the respective organizations. Research suggests the policy might be valid but to date unable to produce its intended results due to the “human judgement-factor”. This paper investigates specific managerial selection-behavior-influencing information to examine why decision-makers seem to fail to constantly seize the opportunities the draft presents them with.
Design/methodology/approach
Athleticism data produced within the NBA Draft Combine setting is strongly considered in the player evaluations and consequently informs the draft decisions of NBA managers. Curiously, research has failed to find much predictive power within the players pre-draft combine results for their post-draft performance. This paper investigates this clear disconnect, by examining the pre- and post-draft data from 2000 to 2019 using principal component and regression analysis.
Findings
Evidence for an athletic-induced decision-quality-lowering bias within the NBA Draft process was found. The analysis proves that players with better NBA Draft Combine results tend to get drafted earlier. Controlling for position, age and pre-draft performance there seems to be no proper justification based on post-draft performance for this managerial behavior. This produces systematic errors within the structure of the NBA Draft process and leads to problematic outcomes for the entire league-policy.
Originality/value
The paper delivers first evidence for an athleticism-induced decision-making bias regarding the NBA Draft process. Informing future selection-behavior of managers this research could improve NBA Draft decision-making quality.
Details
Keywords
Philipp Bagus, Frank Daumann and Florian Follert
In response to the UN Guiding Principles on Business and Human Rights from 2011, several governments are enacting laws against exploitation in global supply chains. Such a…
Abstract
Purpose
In response to the UN Guiding Principles on Business and Human Rights from 2011, several governments are enacting laws against exploitation in global supply chains. Such a legislative proposal is problematic in several respects. The authors aim to discuss these problems from an ethical perspective to provide a theoretical basis for law-setting and management decisions.
Design/methodology/approach
The paper studies the question based on an ethical framework with a libertarian focus.
Findings
From the perspective of a property rights-based ethics such a proposal prohibits voluntary exchanges and, thereby, a fundamental human right. From a utilitarian perspective it diminishes the utility of the parties of a potential exchange, because they cannot engage an exchange that they want to make. Moreover, it does not only shift an original state task to companies, but also tries to enforce specific values which are not shared all over the world, in third countries. In addition, it creates considerable restrictions on foreign procurement markets for domestic companies, which counteract the actual objective of the law.
Research limitations/implications
The research provides managers with a moral compass regarding their supply chain decisions based on property rights ethics and utilitarian considerations. Based on that, they can weigh the arguments and make an informed decision. The paper is limited to these approaches that are often neglected in the public debate.
Practical implications
The authors’ comprehensive discussion from the perspective of libertarian ethics can be helpful for managers in their decision-making.
Social implications
Supply chain acts have important social implications for people in developing countries as well as companies and consumers in Western countries. This study offers a comprehensive discussion from the perspective of libertarian ethics and can be helpful for entrepreneurs and managers in their decision-making.
Originality/value
The paper intends to encourage researchers from different disciplines to discuss the ethics of supply chain acts and to reflect governmental plans to transform the UN Guiding Principles in national law. It provides managers with a moral compass regarding their supply chain decisions based on property rights ethics and utilitarian considerations. Based on that, they can weigh the arguments and make an informed decision.
Details
Keywords
Hansruedi Müller and Brigitte Zaugg
The shortcomings of lobbying in respect of tourism policy are a frequent topic of discussion in tourism circles which lament that there is virtually no voice — and therefore no…
Abstract
The shortcomings of lobbying in respect of tourism policy are a frequent topic of discussion in tourism circles which lament that there is virtually no voice — and therefore no ear — for tourism policy matters in the Swiss Parliament. Is this really the case, or is it merely the customary reaction of a branch that is undergoing major structural change? A review of the achievement record on tourism policy affairs in recent years comes to the conclusion that the successes — at federal level, at least — are actually quite creditable: Innotour has been rejigged and a qualification offensive launched, the special VAT rate — that controversial regulatory policy issue — has been extended, the Schweizerische Cesellschaft für Hotelkredit (Swiss Society for Hotel Credits) was given a new credit, despite considerable opposition, and Switzerland Tourism's federal subsidy looks set to be higher than ever before. And all this at a juncture when savings and cuts are being made on all sides. So there is every indication that tourism lobbying in Switzerland is better than its reputation. It was in this context that tourism lobbying was investigated. The corresponding study, conducted by Brigitte Zaugg (2004), took its lead from the principles of the New Political Economy (Public Choice Theory), which uses as its essential point of departure that the ever‐more‐complex relations between politics and industry generate higher information requirements in all political bodies. Lobbyingprovides a tool for reducing information deficits. Here, information is understood as a swap commodity, because well informed circles can intensify their influence. What is more, with the help of lobbying, it is possible to develop viable legislation characterized by a high degree of acceptance and a broad consensus. Thus, despite certain image problems, lobbying is increasingly perceived as an indispensable form of basic democracy and a legitimate factor in shaping political will. If the influencing of tourism policy decision‐making processes in order to push through specific interests is further increased, the question arises of how lobbying could be modified to make it even more successful. In this connection, the study identifies four focal approaches: 1) the development and nurture of a sustainable network of contacts, 2) the permanent readying of sound information geared to public welfare and a regular exchange of information, 3) the preparation of suggested improvements that are as practical as possible and include own inputs, and 4) the creation of strategic partnerships and the grouping of tasks.
Torsten Schlesinger, Michael Barth, Matti Bartsch and Werner Pitsch
The comparatively high salaries of professional players during their active athletic career should allow them to accumulate an adequate level of precautionary savings for a…
Abstract
Purpose
The comparatively high salaries of professional players during their active athletic career should allow them to accumulate an adequate level of precautionary savings for a financially autonomous post-sport career. However, not all players succeed in accumulating sustainable financial assets. Therefore, the question arises how professional players' financial precaution within the social setting football is shaped. As no empirical analyses have yet been carried out on this issue, the study study examines football players' precautionary practices and motives.
Design/methodology/approach
Semi-structured interviews were conducted with 25 German (former) professional football players. The authors used qualitative content analysis to analyse the data, expanding the analysis to include reconstructive elements to create different precautionary types.
Findings
The results reveal that players deal with both career-specific as well as precaution-related risks quite heterogeneously. Accordingly, three precautionary types characterised by distinct forms of precautionary saving practices are identified. The authors also find that although the players are aware of the uncertainties and risks related to their professional football careers, it does not say much about the concrete implementation of adequate precautionary practices.
Practical implications
The findings contribute to a better understanding of precautionary saving practices among football players.
Social implications
Moreover, the findings contribute to a better understanding of precautionary saving practices not only specifically among (former) football players, but generally among individuals that face high occupational career risks and earn high salaries to develop preventative concepts and approaches to sustainable financial planning.
Originality/value
This paper is the first empirical study that analyses precautionary savings practices of the specific population of elite athletes in high income sports professional football.