On the impact of subsidies on financial performance: lessons from the Portuguese regional football associations - an ROA approach

Detalhes bibliográficos
Autor(a) principal: Castro, Tomás Vitoriano Lourenço Nieto de
Data de Publicação: 2021
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/140666
Resumo: To promote football, the Portuguese Football Federation (FPF) allocates funds to the country’s regional football associations (RFAs).Based on a multi-theoretical framework, this thesis applied a fixed effect model on financial data to examine the effect of FPF funding on the RFAs’ financial performance, measured through ROA. Subsides should have a positive impact on all RFAs. However, results suggest that only RFAs with certain financial vulnerabilities benefit from funding, whereas their robust counterparts are harmed by it. Conclusions warrant special attention from the FPF, who should understand that changes are necessary to improve the impact of subsidies across all RFAs.
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spelling On the impact of subsidies on financial performance: lessons from the Portuguese regional football associations - an ROA approachCorporate financeFinancialpPerformanceSubsidiesRegional football associationsSports financial managementSports federationsDomínio/Área Científica::Ciências Sociais::Economia e GestãoTo promote football, the Portuguese Football Federation (FPF) allocates funds to the country’s regional football associations (RFAs).Based on a multi-theoretical framework, this thesis applied a fixed effect model on financial data to examine the effect of FPF funding on the RFAs’ financial performance, measured through ROA. Subsides should have a positive impact on all RFAs. However, results suggest that only RFAs with certain financial vulnerabilities benefit from funding, whereas their robust counterparts are harmed by it. Conclusions warrant special attention from the FPF, who should understand that changes are necessary to improve the impact of subsidies across all RFAs.Brinca, Pedro Miguel SoaresRUNCastro, Tomás Vitoriano Lourenço Nieto de2022-01-192021-12-172025-12-17T00:00:00Z2022-01-19T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/140666TID:202973360enginfo:eu-repo/semantics/embargoedAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T05:17:52Zoai:run.unl.pt:10362/140666Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:49:45.709257Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv On the impact of subsidies on financial performance: lessons from the Portuguese regional football associations - an ROA approach
title On the impact of subsidies on financial performance: lessons from the Portuguese regional football associations - an ROA approach
spellingShingle On the impact of subsidies on financial performance: lessons from the Portuguese regional football associations - an ROA approach
Castro, Tomás Vitoriano Lourenço Nieto de
Corporate finance
FinancialpPerformance
Subsidies
Regional football associations
Sports financial management
Sports federations
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short On the impact of subsidies on financial performance: lessons from the Portuguese regional football associations - an ROA approach
title_full On the impact of subsidies on financial performance: lessons from the Portuguese regional football associations - an ROA approach
title_fullStr On the impact of subsidies on financial performance: lessons from the Portuguese regional football associations - an ROA approach
title_full_unstemmed On the impact of subsidies on financial performance: lessons from the Portuguese regional football associations - an ROA approach
title_sort On the impact of subsidies on financial performance: lessons from the Portuguese regional football associations - an ROA approach
author Castro, Tomás Vitoriano Lourenço Nieto de
author_facet Castro, Tomás Vitoriano Lourenço Nieto de
author_role author
dc.contributor.none.fl_str_mv Brinca, Pedro Miguel Soares
RUN
dc.contributor.author.fl_str_mv Castro, Tomás Vitoriano Lourenço Nieto de
dc.subject.por.fl_str_mv Corporate finance
FinancialpPerformance
Subsidies
Regional football associations
Sports financial management
Sports federations
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic Corporate finance
FinancialpPerformance
Subsidies
Regional football associations
Sports financial management
Sports federations
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description To promote football, the Portuguese Football Federation (FPF) allocates funds to the country’s regional football associations (RFAs).Based on a multi-theoretical framework, this thesis applied a fixed effect model on financial data to examine the effect of FPF funding on the RFAs’ financial performance, measured through ROA. Subsides should have a positive impact on all RFAs. However, results suggest that only RFAs with certain financial vulnerabilities benefit from funding, whereas their robust counterparts are harmed by it. Conclusions warrant special attention from the FPF, who should understand that changes are necessary to improve the impact of subsidies across all RFAs.
publishDate 2021
dc.date.none.fl_str_mv 2021-12-17
2022-01-19
2022-01-19T00:00:00Z
2025-12-17T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/140666
TID:202973360
url http://hdl.handle.net/10362/140666
identifier_str_mv TID:202973360
dc.language.iso.fl_str_mv eng
language eng
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eu_rights_str_mv embargoedAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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