A bibliometric analysis of global publications on financial management in sports clubs
Resumen
As sports clubs' assets grow, their financial resources must be managed professionally. The aim of this study was to analyze all scientific publications between 2000 and 2020 and to make a holistic analysis of financial management in sports clubs using data obtained within the scope of the study. Information graphics and explanatory bibliometric networks were created. The study was conducted using the document analysis method in order to determine the current status of "financial management in sports clubs" among academic publications. The study identified the most frequently used keywords in publications, the most cited authors, and the most published journals, institutes, and countries. The most cited studies in the literature focus on non-profit organizations, resource capacity and use, management of financial results, management challenges related to human, financial, infrastructure and cultural resources, investment decisions in professional football and football clubs with strong financial capacity. It can be stated that the financial management of sports, both professional and amateur (non-profit organizations, sports development, and peace-oriented structures), focuses on the creation and use of resources. This article provides important information for decision-makers in the sports industry.
Descargas
Citas
Alaminos, D., Esteban, I., & Fernández-Gámez, M. A. (2020). Financial Performance Analysis in European Football Clubs. Entropy, 22(9), 1-16. https://doi.org/10.3390/e22091056
Andreff, W. (2007). French football: A financial crisis rooted in weak governance. Journal of Sports Economics, 8(6), 652-661. https://doi.org/10.1177/1527002506297021
Aydiner, B. A., & Gunay, G. (2017). Financial and living satisfaction in the elderly population. Nova Science Publishers.
Aytekin, A., & Orakçı, E. (2020). Spor Kulüplerinin Performanslarının Çok Kriterli Karar Verme ve Toplulaştırma Teknikleriyle İncelenmesi. Ekonomi Politika ve Finans Araştırmaları Dergisi, 5(2), 435-470. https://doi.org/10.30784/epfad.752483
Bağcı, H., & Sağlam, Ş. (2020). Sağlık ve spor kuruluşlarında finansal başarısızlık tahmini: altman, springate ve fulmer modeli uygulaması. Hacettepe Sağlık İdaresi Dergisi, 23(1), 149-164.
Barros, C. P., & Leach, S. (2006). Performance evaluation of the English Premier Football League with data envelopment analysis. Applied Economics, 38(12), 1449-1458. https://doi.org/10.1080/00036840500396574
Barros, C. P., & Leach, S. (2007). Technical efficiency in the English Football Association Premier League with a stochastic cost frontier. Applied Economics Letters, 14(10), 731-741. https://doi.org/10.1080/13504850600592440
Brigham, E. F., & Houston, J. F. (2021). Fundamentals of financial management. Cengage Learning.
Čáslavová, E., & Berka, P. (2005), The financial management of sports clubs in the Czech Republic. Kinesiology, 37(2), 204-213.
Dietl, H. M., & Franck, E. (2007). Governance failure and financial crisis in German football. Journal of Sports Economics, 8(6), 662-669.
Di Simone, L., & Zanardi, D. (2020). On the relationship between sport and financial performances: an empirical investigation. Managerial Finance, 47(6), 812-824. https://doi.org/10.1108/MF-09-2020-0478
Doherty, A., & Clutterbuck, R. (2013). Comparative sport development: Systems, participation and public policy, sport economics, management and policy. Springer.
Erkoçak, H. E., & Mustafa, A. Y. (2020). The Effect of Financial and Sports Achievements of Football Clubs on Stock Values: A Study on European and Super League Clubs. Türk Spor ve Egzersiz Dergisi, 22(3), 402-413. https://doi.org/10.15314/tsed.732764
Holzmayer, F., & Schmidt, S. L. (2020). Financial performance and corporate diversification strategies in professional football–evidence from the English Premier League. Sport, Business and Management, 10(3), 291-315. https://doi.org/10.1108/SBM-03-2019-0019
Hill, J. S., & Vincent, J. (2006). Globalization and sports branding: The case of Manchester United. International Journal for Sport Marketing and Sponsorship, 2, 213–230. https://doi.org/10.1108/IJSMS-07-03-2006-B008
Keskin, H. İ., & Öndes, H. (2020). Seçilmiş Avrupa futbol kulüplerinin etkinliğinin ölçülmesi: VZA ve Panel Tobit modeli. Sosyoekonomi, 28(43), 153-174.
Koenigstorfer, J., Groeppel-Klein, A., & Kunkel, T. (2010). The attractiveness of national and international football leagues: Perspectives of fans of “star clubs” and “underdogs”. European Sport Management Quarterly, 10(2), 127-163. https://doi.org/10.1080/16184740903563406
Laine, J., Kuvaja-Köllner, V., Pietilä, E., Koivuneva, M., Valtonen, H., & Kankaanpää, E. (2014). Cost-effectiveness of population-level physical activity interventions: a systematic review. American Journal of Health Promotion, 29(2), 71-80. https://doi.org/10.4278/ajhp.131210-LIT-622
Ratten, V. (2011). International sports management: current trends and future developments. Thunderbird International Business Review, 53(6), 679–686. https://doi.org/10.1002/tie.20444
Senel, E., & Mamdapur, G. M. (2020). A Holistic Evaluation of Buddhism Literature: A Bibliometric Analysis of Global Publications Related to Buddhism Between 1975 and 2017. Library Philosophy and Practice, 4232, 1-14.
Matthew, B. (2016). Financial management in the sport industry. Routledge.
Mendizabal, X., San-Jose, L., & Garcia-Merino, J. D. (2020). Understanding and mapping stakeholders of sport clubs: particularities. Sport, Business and Management, 10(3), 369-378. https://doi.org/10.1108/SBM-04-2019-0029
Misener, K., & Doherty, A. (2009). A case study of organizational capacity in nonprofit community sport. Journal of Sport Management, 23(4), 457-482. https://doi.org/10.1123/jsm.23.4.457
Omondi-Ochieng, P. (2020). Financial performance of the United Kingdom's national non-profit sport federations: a binary logistic regression approach. Managerial Finance, 47(6), 868-886. https://doi.org/10.1108/MF-03-2020-0126
Paramasivan, C., & Subramanian, T. (2009). Financial Management. New Age International.
Pawłowski, J. (2020). Financial condition of football clubs in the Polish Ekstraklasa. Journal of Physical Education & Sport, 20(5), 2839-2844. https://doi.org/10.7752/jpes.2020.s5385
Perechuda, I. (2020). Utility of financial information in managing football business model: Case from Central Eastern Europe. Journal of Physical Education and Sport, 20(2), 1257-1264. https://doi.org/10.7752/jpes.2020.s2175
Pritchard, A. (1969). Statistical bibliography or bibliometrics. Journal of Documentation, 25(4), 348-349.
Poyraz, E. & Bilge, S. (2018). Kobilerde stratejik finansal yönetim uygulamasına yönelik literatür araştırması. İşletme Bilimi Dergisi, 6(2), 239-252. https://doi.org/10.22139/jobs.395215
Sekban, G., & Atalı, L. (2017). Amatör spor kulübü yöneticilerinin finansal profilleri. Uluslararası Kültürel ve Sosyal Araştırmalar Dergisi, 3(2), 306-315.
Svensson, P. G., & Hambrick, M. E. (2016). “Pick and choose our battles”–Understanding organizational capacity in a sport for development and peace organization. Sport Management Review, 19(2), 120-132. https://doi.org/10.1016/j.smr.2015.02.003
Tabuk, M. E. (2022). Bibliometric analysis of the Olympic Games and doping research. International Journal of Disabilities Sports and Health Sciences, 5(1), 49-55. https://doi.org/10.33438/ijdshs.1093414
Vosviewer. (2021, 13 February). VOSviewer-Visualizing Scientific Landscapes. https://www.vosviewer.com/
Walker, S., & Tehrani, M. (2011). Strategic management in international sport. In M. Li, E. W. MacIntosh, & G. A. Bravo (Eds.), International sport management. Champaign, IL: Human Kinetics. (31-51).
Wicker, P., & Breuer, C. (2011). Scarcity of resources in German non-profit sport clubs. Sport Management Review, 14(2), 188-201. https://doi.org/10.1016/j.smr.2010.09.001
Wicker, P., & Breuer, C. (2013). Understanding the importance of organizational resources to explain organizational problems: Evidence from nonprofit sport clubs in Germany. VOLUNTAS: International Journal of Voluntary and Nonprofit Organizations, 24(2), 461- 484. https://doi.org/10.1007/s11266-012-9272-2
Yildiz, K., Eroglu, Y., & Besikci, T. (2022). A Bibliometric Analysis of Outdoor Education. Revista Românească pentru Educaţie Multidimensională, 14(1), 275-288. https://doi.org/10.18662/rrem/14.1Sup1/550
Las obras que se publican en esta revista están sujetas a los siguientes términos:
1. El Servicio de Publicaciones de la Universidad de Murcia (la editorial) conserva los derechos patrimoniales (copyright) de las obras publicadas, y favorece y permite la reutilización de las mismas bajo la licencia de uso indicada en el punto 2.
© Servicio de Publicaciones, Universidad de Murcia, 2013
2. Las obras se publican en la edición electrónica de la revista bajo una licencia Creative Commons Reconocimiento-NoComercial-SinObraDerivada 3.0 España (texto legal). Se pueden copiar, usar, difundir, transmitir y exponer públicamente, siempre que: i) se cite la autoría y la fuente original de su publicación (revista, editorial y URL de la obra); ii) no se usen para fines comerciales; iii) se mencione la existencia y especificaciones de esta licencia de uso.
3. Condiciones de auto-archivo. Se permite y se anima a los autores a difundir electrónicamente las versiones pre-print (versión antes de ser evaluada) y/o post-print (versión evaluada y aceptada para su publicación) de sus obras antes de su publicación, ya que favorece su circulación y difusión más temprana y con ello un posible aumento en su citación y alcance entre la comunidad académica.