We analyse the corporate governance of professional football clubs operating in England's Premier and Football Leagues. Good corporate governance is essential if clubs are to be managed effectively and to survive in the difficult economic circumstances surrounding the football industry. The past...

The March 2000 Budget in the UK introduced tax incentives to encourage employee shareholding. The theory is that if employees feel that they have a stake in the enterprise or organisation in which they work, they will be more motivated and committed, with positive outcomes in terms of...

Professional football clubs in England face serious financial and operational difficulties and challenges. Our survey reveals that less than a quarter of football clubs responding had an internal audit committee. Even where clubs had an audit committee, almost one third of those clubs report...

Cover -- Contents -- 1. Introduction -- 1. The 'stylized fact' of cyclical wages -- 1.1. The belief in counter-cyclical real wages -- 2. Theory, facts and falsification -- 2.1. Falsification and the methodological responses -- 2.2. Falsification and the individual responses -- 3. Inference -- 4....