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- W2190123677 abstract "The purpose of this research was to examine performance determinants of professional golfers. Based on the combination of status theory of economic sociology and experiential learning literature, we examined golf status, career tenure, prize winning experiences, and accumulated financial incentives on their individual performance using Korea Ladies Professional Golf Association (KLPGA) database for the research period of 2009-2013. Among 1,074 observations of 359 professional golfers, our final panel data sample comprised 391 observations of 157 golf players manifested for Generalized Least Square (GLS) regression analysis along with semi-structured qualitative interviews. Our empirical findings reveal to show that there exist curvilinear effects of status, career tenure, and prize earning experiences on performance of individual at statistically significant level. We postulate that performance rises before reaching at the highest level of these three determining factors and falls respectively. Our results also indicate negative and significant relationship between accumulated financial incentives and performance. Higher tournament incentives play a positive role in motivating to sustain their competitive advantages. These findings contribute in the following vein. First, this study systematically examines performance determinants of professional by synthesizing multi-theoretical approaches. Second, we find non-linear perspective embedded in the natures of golfers status, career tenure, and prize winning experiences. After reaching at certain peak, these factors are detrimental to performance. Practically, our research findings support to prospect success of golf business that enhance sport industrial growth and offer helpful reference points for policy-makers of KLPGA association and corporate sponsors to effectively plan, manage, and execute patronage based on non-skill factors." @default.
- W2190123677 created "2016-06-24" @default.
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- W2190123677 date "2014-10-01" @default.
- W2190123677 modified "2023-09-24" @default.
- W2190123677 title "Understanding the Performance Determinants of Professional Golfers" @default.
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