Measuring and Monitoring Sustainability in Listed European Football Clubs: A Value-Added Reporting Perspective

dc.contributor.author Faccia, Alessio
dc.contributor.author Mataruna-Dos-Santos, Leonardo Jose
dc.contributor.author Helù, Hussein Munoz
dc.contributor.author Range, Daniel
dc.date.accessioned 2020-12-07T07:09:21Z
dc.date.available 2020-12-07T07:09:21Z
dc.date.copyright © 2020
dc.date.issued 2020-12-01
dc.description This article is not available at CUD collection. The version of scholarly record of this article is published in Sustainability (2020), available online at: https://doi.org/10.3390/su12239853 en_US
dc.description.abstract All sports have their roots and connection in some way to the Olympic spirit, and therefore fall within the vision and mission of the Olympic Committee, which has a central aim of “building a better world”. This is a fundamental value of the Olympics and sustainability is a “working principle” of this. This research analyses the performance of professional European football teams that are publicly listed on stock markets, analysing their income statements and factoring in how the value-added perspective is impacting professional sport. The methodology we use considers the sustainable contribution of the distribution of added value. The Value-Added Statement is considered as a part of broader Corporate Social Responsibility (CSR), which can be traced back as a concept to the late 1970s. It is still in widespread use and is regarded as being both a credible and a tested measure. In this paper, the authors apply a slightly modified and simplified version of this value-added approach to all publicly listed European football clubs and use these as a proxy for wider professional sport. This research demonstrates that, although most professional sports clubs are profit-oriented, the distribution of wealth generated by the added value is unbalanced. In most cases, at least in financial terms, the data shows shareholders are the most disadvantaged, whereas athletes are the most rewarded. © 2020 by the authors. Licensee MDPI, Basel, Switzerland. en_US
dc.identifier.citation Faccia, A., Mataruna-Dos-Santos, L. J., Munoz Helù, H., & Range, D. (2020). Measuring and Monitoring Sustainability in Listed European Football Clubs: A Value-Added Reporting Perspective. Sustainability, 12(23), 9853. https://doi.org/10.3390/su12239853 en_US
dc.identifier.issn 20711050
dc.identifier.uri https://doi.org/10.3390/su12239853
dc.identifier.uri http://hdl.handle.net/20.500.12519/277
dc.language.iso en en_US
dc.publisher MDPI AG en_US
dc.relation Authors Affiliations : Faccia, A., School of Economics, Finance and Accounting, Coventry University, Coventry, CV15FB, United Kingdom; Mataruna-Dos-santos, L.J., Department of Sport Management, Canadian University of Dubai, P.O. Box 117781, Dubai, United Arab Emirates; Helù, H.M., Department of Economic-Administrative Sciences, Universidad Autònoma de Occidente, Culiacan, 80020, Mexico; Range, D., Centre for Trust, Peace and Social Relations, Coventry University, Coventry, CV15FB, United Kingdom
dc.relation.ispartofseries Sustainability;Volume 12, Issue 23
dc.rights Creative Commons Attribution 4.0 International License (CC BY 4.0)
dc.rights.holder Copyright : © 2020 by the authors. Licensee MDPI, Basel, Switzerland.
dc.rights.uri https://creativecommons.org/licenses/by/4.0/
dc.source
dc.source.uri
dc.subject Community development en_US
dc.subject Fair income distribution en_US
dc.subject Listed football clubs en_US
dc.subject Sports management en_US
dc.subject Sports performance en_US
dc.subject Sustainability en_US
dc.subject Value-added income statement en_US
dc.subject Value-added reporting en_US
dc.subject measurement method en_US
dc.subject monitoring en_US
dc.subject Olympic Games en_US
dc.subject stock market en_US
dc.subject Europe en_US
dc.title Measuring and Monitoring Sustainability in Listed European Football Clubs: A Value-Added Reporting Perspective en_US
dc.type Article en_US
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