Professional team sports and the soft budget constraint
著者
書誌事項
Professional team sports and the soft budget constraint
（New horizons in the economics of sport）
Edward Elgar, c2022
- : cased
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注記
Includes bibliographical references and index
内容説明・目次
内容説明
Exploring why professional team sport clubs are almost always able to survive despite financial mismanagement, inflated player salaries and persistent deficits, this book provides new evidence on how to explain this phenomenon. It looks at the context in which many clubs operate - the soft budget constraint - and how the clubs in this respect resemble state-owned enterprises in socialist countries or big banks in financial crises.
Chapters discuss the challenge of hardening the budget constraint, including UEFA's Financial Fair Play regulation. They include new data about the soft budget constraint phenomenon, including evidence from Central and Eastern Europe. Leading scholars in the field develop the theoretical approach to the topic using institutional theory, dialogue with critics and discussions on the merits and limits of soft budgets. The book also investigates key case studies of bailouts and liquidation of professional sports teams.
This will be an invigorating read for scholars and students of sports economics and sports management. It will also be helpful to managers and directors in professional sports clubs looking for a better understanding of the soft budget constraint.
目次
Contents:
Foreword xvii
Miklos Rosta
Acknowledgements xx
Obituary, Janos Kornai (1928-2021) xxi
Klaus Nielsen
1 Introduction: new research pathways in the soft budget
constraint approach 1
Rasmus K. Storm, Klaus Nielsen, and Zsolt Havran
2 Soft budget constraints and institutional logics in European
Football 12
Bernt Arne Bertheussen and Harry Arne Solberg
3 Hardening the soft budget constraint in professional team
sports: why is it so hard? 33
Wladimir Andreff
4 Budget constraints in French professional football:
contrasting situations 77
Nadine Dermit-Richard and Aurelien Francois
5 Heterogeneity of budget constraints in Hungarian and
Polish football 103
Karolina Nessel, Zsolt Havran and Tu nde Mate
6 The soft budget constraint syndrome in Hungarian
professional football from a Central and Eastern European
perspective 130
Zsolt Havran and Krisztina Andras
7 Is there evidence of softness in the budget constraint in
football? Some evidence from English clubs 155
Stefan Szymanski
8 Limits of softness in professional team sport clubs 172
Klaus Nielsen, Christian Gjersing Nielsen and Rasmus K.
Storm
Index
「Nielsen BookData」 より
