000119607 001__ 119607
000119607 005__ 20240705134137.0
000119607 0247_ $$2doi$$a10.1108/SBM-05-2021-0060
000119607 0248_ $$2sideral$$a129204
000119607 037__ $$aART-2023-129204
000119607 041__ $$aeng
000119607 100__ $$0(orcid)0000-0003-2911-8937$$aSerrano, R.$$uUniversidad de Zaragoza
000119607 245__ $$aFinancial fair play and competitive balance in European football: a long term perspective
000119607 260__ $$c2023
000119607 5060_ $$aAccess copy available to the general public$$fUnrestricted
000119607 5203_ $$aPurpose: The paper analyzes the effects of financial fair play (FFP) in the competitive balance of European football industry throughout a long-term perspective. Design/methodology/approach: The authors analyze the evolution of the competitive balance in the European football industry through a time-series analysis from season 1992/93 to 2018/19. Findings: Results indicate an industry by nature dominated by a few clubs showing a general stationary behavior. FFP has had very little impact in local competitions. Just in some leagues, such as the Spanish, German, and French leagues, we can observe an increase in the imbalance in some indicators, but these results are not very robust. The improvement on the financial situation happens especially in a small group of firms that coincide with the big leagues with a strong European market orientation and strict local financial control standards. Research limitations/implications: Although the study covered 17 European Leagues, there are several leagues not accounted for and thus results should be generalized with caution. Practicalimplications – Theauthors observe heterogeneity of the results of FFP in the competitive balance, associated to how the standard has been implemented in each market. This opens opportunities to study and deepen the local codes and their influence, especially in the recommendations of future financial control standards. Originality/value – The authors’ main contribution to the literatureis to examine the impact of the FFP rules in the competitive balance utilizing a very broad study of 17 European markets with a rich and unusual overview and long-term perspective.
000119607 536__ $$9info:eu-repo/grantAgreement/ES/DGA-FEDER/S52-20R
000119607 540__ $$9info:eu-repo/semantics/openAccess$$aby-nc$$uhttp://creativecommons.org/licenses/by-nc/3.0/es/
000119607 592__ $$a0.399$$b2023
000119607 593__ $$aBusiness and International Management$$c2023$$dQ3
000119607 593__ $$aTourism, Leisure and Hospitality Management$$c2023$$dQ3
000119607 593__ $$aStrategy and Management$$c2023$$dQ3
000119607 593__ $$aMarketing$$c2023$$dQ3
000119607 655_4 $$ainfo:eu-repo/semantics/article$$vinfo:eu-repo/semantics/acceptedVersion
000119607 700__ $$0(orcid)0000-0001-5068-8438$$aAcero, I.$$uUniversidad de Zaragoza
000119607 700__ $$aFarquhar, S.
000119607 700__ $$0(orcid)0000-0002-8496-5656$$aEspitia Escuer, M. A.$$uUniversidad de Zaragoza
000119607 7102_ $$14012$$2650$$aUniversidad de Zaragoza$$bDpto. Direcc.Organiza.Empresas$$cÁrea Organización de Empresas
000119607 773__ $$g13, 1 (2023), 74-92$$tSports, Business and Management$$x2042-6798
000119607 8564_ $$s524934$$uhttps://zaguan.unizar.es/record/119607/files/texto_completo.pdf$$yPostprint
000119607 8564_ $$s1708765$$uhttps://zaguan.unizar.es/record/119607/files/texto_completo.jpg?subformat=icon$$xicon$$yPostprint
000119607 909CO $$ooai:zaguan.unizar.es:119607$$particulos$$pdriver
000119607 951__ $$a2024-07-05-12:45:54
000119607 980__ $$aARTICLE