Empirical Evidence of Stakeholder Management in Sports Clubs

The Impact of the Board of Directors

Marc Esteve, Francesco Di Lorenzo, Eduard Inglés, Núria Puig

Research output: Contribution to journalJournal articleResearchpeer-review

Abstract

A major challenge for non-profit sports organizations is how to raise resources from their stakeholders. The present article empirically assesses how the management of stakeholders can affect the resources raised by non-profit sports organizations. The moderating effect of particular characteristics of the Board of Directors is also considered. Evidence is obtained by surveying a large sample of sports clubs from Catalonia, Spain. Results indicate how the quality of relations between sports clubs and their external stakeholders relate positively to the financial and non-financial contributions of stakeholders. A club's financial resources are also positively linked to the amount of time its Board of Directors is willing to invest. Our results represent a major contribution to the management of sports clubs, demonstrating that sports organizations should prioritize the management of their external stakeholders.
Original languageEnglish
JournalEuropean Sport Management Quarterly
Volume11
Issue number4
Pages (from-to)423-440
Number of pages18
ISSN1618-4742
DOIs
Publication statusPublished - 2011
Externally publishedYes

Keywords

  • Stakeholder’s management
  • Upper echelons theory
  • Board of directors
  • Non-for-profit sports organizations

Cite this

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title = "Empirical Evidence of Stakeholder Management in Sports Clubs: The Impact of the Board of Directors",
abstract = "A major challenge for non-profit sports organizations is how to raise resources from their stakeholders. The present article empirically assesses how the management of stakeholders can affect the resources raised by non-profit sports organizations. The moderating effect of particular characteristics of the Board of Directors is also considered. Evidence is obtained by surveying a large sample of sports clubs from Catalonia, Spain. Results indicate how the quality of relations between sports clubs and their external stakeholders relate positively to the financial and non-financial contributions of stakeholders. A club's financial resources are also positively linked to the amount of time its Board of Directors is willing to invest. Our results represent a major contribution to the management of sports clubs, demonstrating that sports organizations should prioritize the management of their external stakeholders.",
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Empirical Evidence of Stakeholder Management in Sports Clubs : The Impact of the Board of Directors. / Esteve, Marc; Di Lorenzo, Francesco; Inglés, Eduard; Puig, Núria.

In: European Sport Management Quarterly, Vol. 11, No. 4, 2011, p. 423-440.

Research output: Contribution to journalJournal articleResearchpeer-review

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