On the impact of subsidies on financial performance: lessons from the Portuguese regional football associations - an ROA approach
Autor(a) principal: | |
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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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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 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/embargoedAccess |
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 |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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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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1799138095783739392 |