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The relevance of sports financing

Author

Listed:
  • Nagy-Becsky, Patricia
  • Dekan, Tamas
  • Szoke, Reka
  • Bacs, Zoltan

Abstract

According to estimations sports exploit approximately two percent of world GDP. In addition sports represent an important function in culture, socialization and also in education, act an outstanding role in economy, as well, though academic researchers cannot find positive relationship between sports financing and economic growth. Sports were originally civil actions, with non-profit nature, where they did not aspire to reach high returns, but fulfilment of sport itself. However returns can be realized and reinvested in sports. This paper tries to collect the different aspects of sports financing in order to highlight its relevance.

Suggested Citation

  • Nagy-Becsky, Patricia & Dekan, Tamas & Szoke, Reka & Bacs, Zoltan, 2015. "The relevance of sports financing," APSTRACT: Applied Studies in Agribusiness and Commerce, AGRIMBA, vol. 9(1-2), pages 1-4, March.
    • Handle: RePEc:ags:apstra:210594
    DOI: 10.22004/ag.econ.210594
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    References listed on IDEAS

    as
    1. Becsky, Andras, 2011. "The Application Of Balanced Scorecard In Team Sports," APSTRACT: Applied Studies in Agribusiness and Commerce, AGRIMBA, vol. 5(3-4), pages 1-4.
    2. Herczeg, Adrienn & Orban, Ildiko & Dekan, Tamas & Nagy-Becsky, Patricia & Fenyves, Veronika, 2015. "Specialities of the Corporate Tax in Connection with the Sports Organizations," APSTRACT: Applied Studies in Agribusiness and Commerce, AGRIMBA, vol. 9(1-2), pages 1-4, March.
    3. John Siegfried & Andrew Zimbalist, 2002. "A Note on the Local Economic Impact of Sports Expenditures," Journal of Sports Economics, , vol. 3(4), pages 361-366, November.
    4. Becsky, Andras & Orban, Ildiko & Dekan, Tamas & Bacs, Zoltan & Herczeg, Adrienn, 2015. "Financing and operating questions of sports facilities," APSTRACT: Applied Studies in Agribusiness and Commerce, AGRIMBA, vol. 9(1-2), pages 1-4, March.
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