Recommendations for Future Research

Recommendations for Future Research
A starting point for continuing research in this area would be examination of variables which may have additional explanatory value. As noted above, it might be
useful to examine the absolute amount of initial signing bonus each year and the
average lengths of the contracts. Not only do these amounts vary between teams and
players, but such variation might also help explain differences in compensation
strategy between successful and unsuccessful teams. Team-specific effects are also
unaccounted for, and clearly have an impact on the criterion of wins. However, these
effects can potentially be operationalized in a number of ways. For example, variables
such as coaching turnover and even the construction or renovation of new facilities
have been suggested, at least in popular media, as possible sources of team success.
Another key in further understanding the dynamics of competitive advantage
would be to examine the effect of individual performance on team performance. In
the context presented in this study, it would be valuable to determine how successful
or unsuccessful teams distribute their salary cap among which of their players or
positions. Individual performance could be both gauged against absolute standards
and compared league-wide. A comprehensive understanding of the interaction of
individual and team performance may provide a theoretical foundation that could
have broad applicability, given the proliferation of team-based organizations and
decision-making.
Although this study looked specifically at compensation policy, an additional area
of research may be the effects of managers and coaches on team rents. This is
particularly true given that other studies (e.g. Kahn, 1993) have found positive
connections between management ability and firm success. Determining these and
other such factors that contribute to firm- or team-specific effects is an important area
for future research. Fundamentally, it would be useful to consistently demonstrate that
effective management practices lead to competitive advantage, rather than convolute
the association by assuming that a firm’s success is a direct result of a manager’s
charisma, without first understanding what he or she actually did.

Hasil (Bahasa Indonesia) 1:

Rekomendasi untuk penelitianTitik awal untuk melanjutkan penelitian di daerah ini akan pemeriksaan variabel yang mungkin memiliki nilai penjelasan tambahan. Seperti disebutkan di atas, mungkinberguna untuk memeriksa mutlak jumlah bonus penandatanganan awal setiap tahun danrata-rata panjang kontrak. Tidak hanya jumlah ini bervariasi antara tim danpemain, tetapi variasi seperti ini mungkin juga membantu menjelaskan perbedaan dalam kompensasistrategi antara tim sukses dan berhasil. Tim khusus efek yang jugatingkat kehilangan, dan jelas berdampak pada kriteria yang menang. Namun, iniEfek berpotensi dapat dioperasionalkan dalam beberapa cara. Sebagai contoh, variabelseperti pembinaan omset dan bahkan pembangunan atau Renovasi Fasilitas barutelah menyarankan, setidaknya di media populer, sebagai sumber-sumber tim sukses.Kunci lain untuk lebih memahami dinamika keunggulan kompetitifakan meneliti efek dari kinerja individu seseorang pada tim kinerja. Dalamkonteks disajikan dalam studi ini, itu akan berharga untuk menentukan seberapa suksesatau tim gagal mendistribusikan topi gaji mereka antara pemain atauposisi. Kinerja individu bisa keduanya diukur terhadap standar mutlakdan dibandingkan Liga-lebar. Pemahaman yang komprehensif tentang interaksiindividu dan tim kinerja dapat memberikan dasar teoritis yang bisahave broad applicability, given the proliferation of team-based organizations anddecision-making.Although this study looked specifically at compensation policy, an additional areaof research may be the effects of managers and coaches on team rents. This isparticularly true given that other studies (e.g. Kahn, 1993) have found positiveconnections between management ability and firm success. Determining these andother such factors that contribute to firm- or team-specific effects is an important areafor future research. Fundamentally, it would be useful to consistently demonstrate thateffective management practices lead to competitive advantage, rather than convolutethe association by assuming that a firm’s success is a direct result of a manager’scharisma, without first understanding what he or she actually did.