Template-type: ReDIF-Paper 1.0 Author-Name: Hideo Owan Author-Name-First: Hideo Author-Name-Last: Owan Author-Email: owan@iss.u-tokyo.ac.jp Author-Workplace-Name: Institute of Social Science, The University of Tokyo Author-Workplace-Homepage: http://www.iss.u-tokyo.ac.jp/ Author-Name: Shingo Takahashi Author-Name-First: Shingo Author-Name-Last: Takahashi Author-Email: staka@iuj.ac.jp Author-Workplace-Name: International University of University Author-Workplace-Homepage: http://www.iuj.ac.jp/ Author-Name: Tsuyoshi Tsuru Author-Name-First: Tsuyoshi Author-Name-Last: Tsuru Author-Email: tsuru@ier.hit-u.ac.jp Author-Workplace-Name: Institute of Economic Research, Hitotsubashi University Author-Workplace-Homepage: http://www.ier.hit-u.ac.jp/English/ Author-Name: Katsuhito Uehara Author-Name-First: Katsuhito Author-Name-Last: Uehara Author-Email: uehara@sta.tenri-u.ac.jp Author-Workplace-Name: Faculty of Human Studies, Tenri University Author-Workplace-Homepage: http://www.tenri-u.ac.jp/en/ariirh000000050n.html Title: Finding good managers: an econometric case study of a large Japanese auto dealership Abstract: Using the personnel and transaction data from a large auto dealership in Japan, this paper discusses the value, incentives, assignments, determinants of performance, and learning of managers. We find that: (1) moving one standard deviation up the distribution of manager fixed effects raises a branch's profit by 9.3%; (2) the relationship between managers' branch assignments and their performance is more consistent with tournament theory rather than screening or learning mechanism; (3) better managers are systematically selected to run less profitable branches; and (4) managers with smaller age difference with subordinates and broader experience tend to perform better. Length: 43 pages Creation-Date: 2014-06 Number: EMS_2014_08 File-URL: https://www.iuj.ac.jp/workingpapers/index.cfm?File=EMS_2014_08.pdf File-Format: Application/pdf File-Function: First version, 2014 File-Size: 653KB Handle: RePEc:iuj:wpaper:EMS_2014_08