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What makes non-profit soccer teams run? A panel data approach using a sample of Braga teams

Author

Listed:
  • Paulo Reis Mourao

    (Department of Economics, Economics & Management School, University of Minho, Braga, Portugal)

  • Cesar Costa Cima

    (Master Course on Social Economics, University of Minho, Braga, Portugal)

Abstract

Amateur 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.

Suggested Citation

  • Paulo Reis Mourao & Cesar Costa Cima, 2012. "What makes non-profit soccer teams run? A panel data approach using a sample of Braga teams," Financial Theory and Practice, Institute of Public Finance, vol. 36(2), pages 199-220.
    • Handle: RePEc:ipf:finteo:v:36:y:2012:i:2:p:199-220
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