Spanish Abstract: El objetivo del presente estudio es medir la eficiencia de los principales equipos europeos considerando los objetivos financieros y deportivos, por lo que se utilizan el beneficio y el coeficiente UEFA como outputs. Un modelo alternativo es presentado bajo la premisa de la...

Spanish Abstract: El objetivo de este estudio ha sido conocer las variables relevantes de gestión que explican los resultados económicos de los clubes de fútbol españoles de la Primera División. Para ello se planteó inicialmente un análisis exhaustivo de la literatura sobre aquellos...

This paper analyzes whether the Financial Fair Play (FFP) regulations set by Union of European Football Associations (UEFA) have influenced the auditing fees charged to football clubs. In addition, it explores the determinants of audit fees. We used a two-sample t-test with equal variances to...

European football in general and Spanish football in particular is experiencing huge financial difficulties. This paper analyzes Spanish clubs during the period from 2007 until 2011, using Altman's models to classify clubs according to their Z-score values. Through these models, the determinants...

This study investigates factors of corporate success over the crisis period of 2008-2009. We advocate the idea that investments in intangibles allow a company to be better off, even if the markets go down. The hypothesis put forward in this paper was tested on a sample of more than 300 companies...

European football in general and Spanish football in particular is experiencing huge financial difficulties. This paper analyzes Spanish clubs during the period from 2007 until 2011, using Altman's models to classify clubs according to their Z-score values. A programming model is developed to...

This study explores the successful strategies of companies during the 2008-2009 economic crisis. We investigate whether it is reasonable for companies to intensify intangibles when markets fall. This paper aims to find empirical evidence that companies with a clear intangible-intensive profile...

Spanish abstract: El presente artículo surge con el objetivo de analizar los efectos de la celebración de un evento deportivo en una localidad. En concreto, se presta atención al impacto económico de la celebración en el municipio de Pontevedra del XXI Campeonato de España “Open” de...

After several consecutive seasons in the league, the Campeonato Brasileiro may return to the playoffs format. The Brazilian Football Confederation (CBF) and some Brazilian clubs commented that this format will provide higher competitive balance and increase the interest of Brazilian football...

The paper aims to explore factors of the low competitiveness of Russian companies assuming that the gap in the endowment of intangible resources is responsible for the gap in competitiveness.Design/methodology/approachThe framework of resources-based view is used to examine causality between the...