DOES THE AGENCY THEORY PLAY FOOTBALL?

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Published: 2017-03-07
DOI: https://doi.org/10.3232/UBR.2017.V14.N1.01

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Luis Carlos Sánchez
Universidad de Vigo
Ángel Barajas
Universidad de Vigo National Research University Higher School of Economics, Russian Federation
http://orcid.org/0000-0002-0198-4457
Patricio Sanchez-Fernandez
Universidad de Vigo
http://orcid.org/0000-0002-7848-3634

Abstract

This paper aims to analyze how ownership influences the performance of European football teams. The study of efficiency allows us to identify relative performance in the achievement of several objectives, as is the case of football teams pursuing both financial performance and sports success. The analysis shows that football teams organized as members clubs, with dispersed ownership and uncontrolled by foreign investors perform better. Thus, property structures facilitating less control over managers relate positively to performance.

Article Details

Issue

No. 53 (2017): First Quarter

Section

Artículos

How to Cite

DOES THE AGENCY THEORY PLAY FOOTBALL?. (2017). UCJC Business and Society Review (formerly Known As Universia Business Review), 53. https://doi.org/10.3232/UBR.2017.V14.N1.01

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