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This work project indicates that club-specific human capital has adverse effects on coach performances. In a broader context, it is shown that football clubs are biased regarding their head coach appointments and still hire internal candidates, despite lower overall performances. The sample being used is based on coach performance data from German professional football leagues. After playing professional football, becoming a coach at the same club has deleterious effects on football clubs. There fore, this work project's findings suggest that trust premiums for internal candidates hamper football clubs' success.
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Human capital Internal promotion Former football player Coach performance Leadership
