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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Autores principales:	Alexandro Barbosa, Marke Geisy da Silva Dantas, Yuri Gomes Paiva Azevedo, Victor Branco de Holanda
Formato:	article
Lenguaje:	EN PT
Publicado:	FUCAPE Business School 2017
Materias:	dynamic efficiency fiscal strategy football clubs market structure sports performance Business HF5001-6182
Acceso en línea:	https://doaj.org/article/ebbfabedf17f4af4b14e825e32dc96d1
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id	oai:doaj.org-article:ebbfabedf17f4af4b14e825e32dc96d1
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spelling	oai:doaj.org-article:ebbfabedf17f4af4b14e825e32dc96d12021-11-11T15:48:07ZFiscal Responsibility Strategy in Brazilian Football Clubs: A Dynamic Efficiency Analysis1807-734Xhttps://doaj.org/article/ebbfabedf17f4af4b14e825e32dc96d12017-01-01T00:00:00Zhttp://www.redalyc.org/articulo.oa?id=123054178003https://doaj.org/toc/1807-734XThe 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.Alexandro BarbosaMarke Geisy da Silva DantasYuri Gomes Paiva AzevedoVictor Branco de HolandaFUCAPE Business Schoolarticledynamic efficiencyfiscal strategyfootball clubsmarket structuresports performanceBusinessHF5001-6182ENPTBBR: Brazilian Business Review, Vol 14, Pp 45-66 (2017)
institution	DOAJ
collection	DOAJ
language	EN PT
topic	dynamic efficiency fiscal strategy football clubs market structure sports performance Business HF5001-6182
spellingShingle	dynamic efficiency fiscal strategy football clubs market structure sports performance Business HF5001-6182 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
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
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
title	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_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_sort	fiscal responsibility strategy in brazilian football clubs: a dynamic efficiency analysis
publisher	FUCAPE Business School
publishDate	2017
url	https://doaj.org/article/ebbfabedf17f4af4b14e825e32dc96d1
work_keys_str_mv	AT alexandrobarbosa fiscalresponsibilitystrategyinbrazilianfootballclubsadynamicefficiencyanalysis AT markegeisydasilvadantas fiscalresponsibilitystrategyinbrazilianfootballclubsadynamicefficiencyanalysis AT yurigomespaivaazevedo fiscalresponsibilitystrategyinbrazilianfootballclubsadynamicefficiencyanalysis AT victorbrancodeholanda fiscalresponsibilitystrategyinbrazilianfootballclubsadynamicefficiencyanalysis
_version_	1718433930626990080

Fiscal Responsibility Strategy in Brazilian Football Clubs: A Dynamic Efficiency Analysis

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