Managing sporting success and economic efficiency in the professional football: Identification of determinant factors through the academic literature
Author
Nicole Kalemba – (Universitat Rovira i Virgili – Business Management)
Fernando Campa – (Universitat Rovira i Virgili – Business Management)
Received April 10, 2017; accepted May 22, 2017
Abstract
Football moves crowds, both fans and millions of euros. Football clubs are not any longer just sport teams that focus on winning competitions, but they have turned into complex business units with a high economic and social impact. The main purpose of this study is to conduct a review on the existing international academic literature for providing an insight into the management of sporting success and economic efficiency in the international professional football industry. Findings show that sporting success is influenced, on one hand, by human capital and positive results on an international competition level and, on the other hand by the financial support through sport organizations’ related attributes and investments. Further, sporting success creates economic efficiency leading consequently to a higher profitability of football organizations. This paper can be helpful for managers, practitioners as well as academics, as currently does not exist any literature review on this topic.
El fútbol mueve multitudes, tanto aficionados como millones de euros. Los clubes de fútbol ya no son solo equipos deportivos que se centran en ganar competiciones, sino que se han convertido en unidades de negocios complejas con un alto impacto económico y social. El objetivo principal de este estudio es realizar una revisión de la literatura académica internacional existente para proporcionar una idea de la gestión del éxito deportivo y la eficiencia económica en la industria internacional del fútbol profesional. Los resultados muestran que el éxito deportivo está influenciado, por un lado, por el capital humano y los resultados positivos a nivel de competencia internacional y, por otro lado, por el apoyo financiero a través de los atributos e inversiones relacionados con las organizaciones deportivas. Además, el éxito deportivo crea una eficiencia económica que conduce a una mayor rentabilidad de las organizaciones de fútbol. Este documento puede ser útil para gerentes, profesionales y académicos, ya que actualmente no existe ninguna revisión bibliográfica sobre este tema.
Citation
Campa Planas, F., & Kalemba, N. (2017). Managing sporting success and economic efficiency in the professional football: Identification of determinant factors through the academic literature. European Accounting and Management Review, 3(2), 45-64.
Figures
Keywords
- Football
- Management
- Profitability
- Economic efficiency
- Sporting success
- Capital structure
Palabras clave
- Fútbol
- Administración
- Rentabilidad
- Eficiencia económica
- El éxito deportivo
- Estructura capital
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