What makes non-profit soccer teams run? A panel data approach using a sample of Braga teams
AbstractAmateur soccer teams are influenced by different local and regional factors from professional soccer teams. This article revisits the literature on the determinants of soccer performance and the sustainability of non-profit organizations. Using panel data techniques, we conclude that the outcomes of non-profit soccer teams depend on specific local markets and on the institutional environments of nonprofit organizations.
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Bibliographic InfoArticle provided by Institute of Public Finance in its journal Financial Theory and Practice.
Volume (Year): 36 (2012)
Issue (Month): 2 ()
non-profit organizations; soccer; regional institutions;
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