Fiscal Responsibility Strategy in Brazilian Football Clubs: A Dynamic Efficiency Analysis
The objective of this study is to structure an indicator of dynamic efficiency focused on fiscal responsibility strategy of Brazilian football clubs and explain the concept of efficiency by the market structure and sports performance. Our main contribution to the previous empirical literature is t...
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| Format: | Article |
| Language: | English |
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FUCAPE Business School
2017-01-01
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| Series: | BBR: Brazilian Business Review |
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| Online Access: | http://www.redalyc.org/articulo.oa?id=123054178003 |
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| _version_ | 1825207382684205056 |
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| author | Alexandro Barbosa Marke Geisy da Silva Dantas Yuri Gomes Paiva Azevedo Victor Branco de Holanda |
| author_facet | Alexandro Barbosa Marke Geisy da Silva Dantas Yuri Gomes Paiva Azevedo Victor Branco de Holanda |
| author_sort | Alexandro Barbosa |
| collection | DOAJ |
| description | The objective of this study is to structure an indicator of dynamic efficiency focused on fiscal responsibility strategy of Brazilian football clubs and explain the concept of efficiency by the market structure and sports performance. Our main contribution to the previous empirical literature is the utilization of an additive model for temporal series called the Dynamic Slack Based Model. We estimated the inter-temporal efficiency of 25 football clubs of a balanced panel data that span the period 2010-2014. The results showed that the dynamic efficiency of the Brazilian football clubs is, on average, 80.62%. Finally, the results shown in the explanatory model suggest that the features of market structure and sporting factors have positive and significant associations with dynamic efficiency such as the size of the club, participation in the “Libertadores” Cup, access to a higher division and relegation to a lower division. |
| format | Article |
| id | doaj-art-ebbfabedf17f4af4b14e825e32dc96d1 |
| institution | Kabale University |
| issn | 1807-734X |
| language | English |
| publishDate | 2017-01-01 |
| publisher | FUCAPE Business School |
| record_format | Article |
| series | BBR: Brazilian Business Review |
| spelling | doaj-art-ebbfabedf17f4af4b14e825e32dc96d12025-02-06T23:39:31ZengFUCAPE Business SchoolBBR: Brazilian Business Review1807-734X2017-01-01144566Fiscal Responsibility Strategy in Brazilian Football Clubs: A Dynamic Efficiency AnalysisAlexandro BarbosaMarke Geisy da Silva DantasYuri Gomes Paiva AzevedoVictor Branco de HolandaThe objective of this study is to structure an indicator of dynamic efficiency focused on fiscal responsibility strategy of Brazilian football clubs and explain the concept of efficiency by the market structure and sports performance. Our main contribution to the previous empirical literature is the utilization of an additive model for temporal series called the Dynamic Slack Based Model. We estimated the inter-temporal efficiency of 25 football clubs of a balanced panel data that span the period 2010-2014. The results showed that the dynamic efficiency of the Brazilian football clubs is, on average, 80.62%. Finally, the results shown in the explanatory model suggest that the features of market structure and sporting factors have positive and significant associations with dynamic efficiency such as the size of the club, participation in the “Libertadores” Cup, access to a higher division and relegation to a lower division.http://www.redalyc.org/articulo.oa?id=123054178003dynamic efficiencyfiscal strategyfootball clubsmarket structuresports performance |
| spellingShingle | Alexandro Barbosa Marke Geisy da Silva Dantas Yuri Gomes Paiva Azevedo Victor Branco de Holanda Fiscal Responsibility Strategy in Brazilian Football Clubs: A Dynamic Efficiency Analysis BBR: Brazilian Business Review dynamic efficiency fiscal strategy football clubs market structure sports performance |
| title | Fiscal Responsibility Strategy in Brazilian Football Clubs: A Dynamic Efficiency Analysis |
| title_full | Fiscal Responsibility Strategy in Brazilian Football Clubs: A Dynamic Efficiency Analysis |
| title_fullStr | Fiscal Responsibility Strategy in Brazilian Football Clubs: A Dynamic Efficiency Analysis |
| title_full_unstemmed | Fiscal Responsibility Strategy in Brazilian Football Clubs: A Dynamic Efficiency Analysis |
| title_short | Fiscal Responsibility Strategy in Brazilian Football Clubs: A Dynamic Efficiency Analysis |
| title_sort | fiscal responsibility strategy in brazilian football clubs a dynamic efficiency analysis |
| topic | dynamic efficiency fiscal strategy football clubs market structure sports performance |
| url | http://www.redalyc.org/articulo.oa?id=123054178003 |
| work_keys_str_mv | AT alexandrobarbosa fiscalresponsibilitystrategyinbrazilianfootballclubsadynamicefficiencyanalysis AT markegeisydasilvadantas fiscalresponsibilitystrategyinbrazilianfootballclubsadynamicefficiencyanalysis AT yurigomespaivaazevedo fiscalresponsibilitystrategyinbrazilianfootballclubsadynamicefficiencyanalysis AT victorbrancodeholanda fiscalresponsibilitystrategyinbrazilianfootballclubsadynamicefficiencyanalysis |