The relevance of sports financing

According to estimations sports exploit approximately two percent of world GDP. In addition sports represent an important function in culture, socialization and also in education, act an outstanding role in economy, as well, though academic researchers cannot find positive relationship between sports financing and economic growth. Sports were originally civil actions, with non-profit nature, where they did not aspire to reach high returns, but fulfilment of sport itself. However returns can be realized and reinvested in sports. This paper tries to collect the different aspects of sports financing in order to highlight its relevance.


Keywords:
Issue Date:
Mar 17 2015
Publication Type:
Journal Article
DOI and Other Identifiers:
ISSN 1789-7874 (Other)
PURL Identifier:
http://purl.umn.edu/210594
Published in:
APSTRACT: Applied Studies in Agribusiness and Commerce, Volume 09, Number 1-2
Page range:
19-22
Total Pages:
4
JEL Codes:
Z23
Series Statement:
9
1-2




 Record created 2017-04-01, last modified 2017-08-28

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)