IDEAS home Printed from https://ideas.repec.org/a/abw/journl/y2018id775.html
   My bibliography  Save this article

Win vs. Profit maximization: optimal strategy for managing organizational performance of russian football clubs

Author

Listed:
  • N. A. Osokin

Abstract

The cause-effect relationships between performance dimensions were assessed using a multivariate linear regression. The author analyzes the strategic behavior of Russian football clubs using the profit/win maximization classification. The causality tests allowed the author to form a conceptual model of the main performance dimensions of professional football clubs in Russia. The results help better understand the managerial pitfalls in Russian club football. The article contributes to the literature on organizational performance of professional football clubs by focusing on the Russian context, which has not been done previously. The findings of the paper confront the managerial fallacies of Russian club football and broaden the understanding of club football management practices in general.

Suggested Citation

  • N. A. Osokin, 2018. "Win vs. Profit maximization: optimal strategy for managing organizational performance of russian football clubs," Strategic decisions and risk management, Real Economy Publishing House, issue 2.
  • Handle: RePEc:abw:journl:y:2018:id:775
    DOI: 10.17747/2078-8886-2018-2-86-91
    as

    Download full text from publisher

    File URL: https://www.jsdrm.ru/jour/article/viewFile/775/648
    Download Restriction: no

    File URL: https://www.jsdrm.ru/jour/article/viewFile/775/672
    Download Restriction: no

    File URL: https://libkey.io/10.17747/2078-8886-2018-2-86-91?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Markus Sass, 2016. "Glory Hunters, Sugar Daddies, and Long-Term Competitive Balance Under UEFA Financial Fair Play," Journal of Sports Economics, , vol. 17(2), pages 148-158, February.
    2. Egon Franck, 2014. "Financial Fair Play in European Club Football: What Is It All About?," International Journal of Sport Finance, Fitness Information Technology, vol. 9(3), pages 193-217, August.
    3. Stephanie Leach & Stefan Szymanski, 2015. "Making Money Out of Football," Scottish Journal of Political Economy, Scottish Economic Society, vol. 62(1), pages 25-50, February.
    4. DIMA Teodor & OTOIU Adrian, 2015. "A Composite Index To Assess The Top European Football Clubs In 2014," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 67(2), pages 68-85.
    5. Kerimova, Ukiljaj, 2017. "Текущая Роль Производственных И Обслуживающих Кооперативов В Сельском Хозяйстве Южного Казахстана [Current role of production and service cooperatives in agriculture in southern Kazakhstan]," IAMO Discussion Papers 167, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    6. Thomas Peeters & Stefan Szymanski, 2014. "Financial fair play in European football [v. National Football League, 560 (The Supreme Court May 24, 2010)]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 29(78), pages 343-390.
    7. Wladimir Andreff, 2015. "Governance of Professional Team Sports Clubs: Agency Problem and Soft Budget Constraint," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01305679, HAL.
    8. Emilios C. C Galariotis & Christophe Germain & Constantin Zopounidis, 2017. "A combined methodology for the concurrent evaluation of the business, financial and sports performance of football clubs: the case of France," Post-Print hal-02879864, HAL.
    9. Mickael Terrien & Nicolas Scelles & Stephen Morrow & Lionel Maltèse & Christophe Durand, 2017. "The win/profit maximization debate: strategic adaptation as the answer?," Post-Print halshs-02111106, HAL.
    10. Mickael Terrien & Nicolas Scelles & Stephen Morrow & Lionel Maltèse & Christophe Durand, 2017. "The win/profit maximization debate: strategic adaptation as the answer?," Post-Print hal-01794268, HAL.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Marc Rohde & Christoph Breuer, 2018. "Competing by investments or efficiency? Exploring financial and sporting efficiency of club ownership structures in European football," Sport Management Review, Taylor & Francis Journals, vol. 21(5), pages 563-581, December.
    2. Gallagher, Ronan & Quinn, Barry, 2019. "Regulatory Own Goals: The Unintended Consequences of Economic Regulation in Professional Football," QBS Working Paper Series 2019/02, Queen's University Belfast, Queen's Business School.
    3. Egon Franck, 2018. "European Club Football after “Five Treatments” with Financial Fair Play—Time for an Assessment," IJFS, MDPI, vol. 6(4), pages 1-19, December.
    4. Aurélien François & Nadine Dermit-Richard & Daniel Plumley & Robert Wilson, 2021. "Analyzing the effectiveness of UEFA's financial fair play regulations: A comparative study of the French Ligue 1 and the English Premier League [L'analyse du fair-play financier au prisme de son ef," Working Papers hal-03167685, HAL.
    5. Stefan Szymanski, 2017. "Entry into exit: insolvency in English professional football," Scottish Journal of Political Economy, Scottish Economic Society, vol. 64(4), pages 419-444, September.
    6. Egon Franck, 2016. "A comment on the newly revised “2015 version” of the UEFA Club Licensing and Financial Fair Play Regulations," Working Papers 362, University of Zurich, Department of Business Administration (IBW).
    7. Richard Evans, 2024. "The S-Score of Financial Sustainability for Professional Football Clubs," Journal of Sports Economics, , vol. 25(3), pages 322-345, April.
    8. Nicolas Scelles & Qi Peng & Maurizio Valenti, 2021. "Do the Peculiar Economics of Professional Team Sports Apply to Esports? Sequential Snowballing Literature Reviews and Implications," Economies, MDPI, vol. 9(1), pages 1-18, March.
    9. Richau, Lukas & Follert, Florian & Frenger, Monika & Emrich, Eike, 2021. "The Rainmaker?! The impact of investors on transfer fees in the English Premier League," Working Paper 187/2021, Helmut Schmidt University, Hamburg.
    10. Burdekin, Richard C.K. & Franklin, Michael, 2015. "Transfer spending in the English premier league: the haves and the have nots," National Institute Economic Review, National Institute of Economic and Social Research, vol. 232, pages 4-17, May.
    11. Barth Michael, 2015. "Contemporary Research in Sports Economics: Proceedings of the 5th ESEA Conference: Besprechung des von Oliver Budzinski und Arne Feddersen herausgegebenen gleichnamigen Tagungsbandes," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 66(1), pages 353-359, January.
    12. Denis Alajbeg & Zoran Bubas & Bojan Moric Milovanovic, 2022. "Financial Health and Self-Sustainability of a Small European Football League: The Realities of Top-Flight Croatian Football," Sustainability, MDPI, vol. 14(24), pages 1-26, December.
    13. Pierre-Yves Janssoone & Antoine Feuillet & Mathieu Jéöl & Mickael Terrien, 2022. "The Economic Models Of Sports Associations: The Case Of Handball Clubs In Northern France [Les modèles économiques des associations sportives : le cas des clubs de handball du nord de la France]," Working Papers hal-03418321, HAL.
    14. Green, Colin & Lozano, Fernando & Simmons, Rob, 2015. "Rank-order tournaments, probability of winning and investing in talent: evidence from champions' league qualifying rules," National Institute Economic Review, National Institute of Economic and Social Research, vol. 232, pages 30-40, May.
    15. Åse Jacobsen & Morten Kringstad & Tor-Eirik Olsen, 2021. "Extraordinary Funding and a Financially Viable Football Industry—Friends or Foes? A Norwegian Football League Perspective," Sustainability, MDPI, vol. 13(5), pages 1-19, March.
    16. Santiago-Caballero, Carlos & Fernández-Roldán Díaz, Alejandro, 2017. "Decomposing competitive balance in the major European football leagues : a Rawlsian approach," IFCS - Working Papers in Economic History.WH 24658, Universidad Carlos III de Madrid. Instituto Figuerola.
    17. Sonin, Konstantin & Grabar, Vsevolod, 2018. "Financial Restrictions and Competitive Balance in Sports Leagues," CEPR Discussion Papers 13154, C.E.P.R. Discussion Papers.
    18. Paul Madden, 2014. "Does Break-Even Regulation of Soccer Clubs Make Sense?," Economics Discussion Paper Series 1405, Economics, The University of Manchester.
    19. Dina A. M. Miragaia & João J. M. Ferreira & Cédric T. Vieira, 2024. "Efficiency of Non-profit Organisations: a DEA Analysis in Support of Strategic Decision-Making," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 3239-3265, March.
    20. Angelo D’Andrea & Donato Masciandaro, 2016. "Financial Fair Play in European Football: Economics and Political Economy a Review Essay," BAFFI CAREFIN Working Papers 1615, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:abw:journl:y:2018:id:775. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ООО Ð˜Ð·Ð´Ð°Ñ‚ÐµÐ»ÑŒÑ ÐºÐ¸Ð¹ дом Â«Ð ÐµÐ°Ð»ÑŒÐ½Ð°Ñ Ñ ÐºÐ¾Ð½Ð¾Ð¼Ð¸ÐºÐ°Â» (email available below). General contact details of provider: https://www.jsdrm.ru/jour/about/journalSponsorship .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.