Articles liés à Professional Team Sports and the Soft Budget Constraint

Professional Team Sports and the Soft Budget Constraint - Couverture rigide

 
9781800375987: Professional Team Sports and the Soft Budget Constraint
Couverture rigide
ISBN 10 : 1800375980 ISBN 13 : 9781800375987
Editeur : Edward Elgar Publishing Ltd, 2022

Synopsis

Exploring why professional team sport clubs are almost always able to survive despite financial mismanagement, inflated player salaries and persistent deficits, this book provides new evidence on how to explain this phenomenon. It looks at the context in which many clubs operate – the soft budget constraint – and how the clubs in this respect resemble state-owned enterprises in socialist countries or big banks in financial crises.



Chapters discuss the challenge of hardening the budget constraint, including UEFA’s Financial Fair Play regulation. They include new data about the soft budget constraint phenomenon, including evidence from Central and Eastern Europe. Leading scholars in the field develop the theoretical approach to the topic using institutional theory, dialogue with critics and discussions on the merits and limits of soft budgets. The book also investigates key case studies of bailouts and liquidation of professional sports teams.



This will be an invigorating read for scholars and students of sports economics and sports management. It will also be helpful to managers and directors in professional sports clubs looking for a better understanding of the soft budget constraint.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l'auteur

Edited by Rasmus K. Storm, Head of Research, Danish Institute for Sports Studies, Denmark and Adjunct Associate Professor, NTNU Business School, Norwegian University of Science and Technology, Trondheim, Norway, Klaus Nielsen, Professor of Institutional Economics, Birkbeck University of London, UK and Zsolt Havran, Senior Assistant Professor, Corvinus University of Budapest, Hungary

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Edward Elgar Publishing Ltd
Date d'édition
2022
Langue
anglais
ISBN 10 
1800375980
ISBN 13 
9781800375987
Reliure
Relié
Nombre de pages
246
Éditeur
Storm Rasmus K., Nielsen Klaus, Havran Zsolt
Coordonnées du fabricant
non disponible
Personne responsable
non disponible