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Empirical Evidence of Stakeholder Management in Sports Clubs: The Impact of the Board of Directors

Esteve, M; Di Lorenzo, F; Inglés, E; Puig, N; (2011) Empirical Evidence of Stakeholder Management in Sports Clubs: The Impact of the Board of Directors. European Sport Management Quarterly , 11 (4) 423 - 440. 10.1080/16184742.2011.599210. Green open access

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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.

Type: Article
Title: Empirical Evidence of Stakeholder Management in Sports Clubs: The Impact of the Board of Directors
Open access status: An open access version is available from UCL Discovery
DOI: 10.1080/16184742.2011.599210
Publisher version: http://dx.doi.org/10.1080/16184742.2011.599210
Language: English
Additional information: This is an Accepted Manuscript of an article published by Taylor & Francis in European Sport Management Quarterly on 8 November 2011, available online: http://wwww.tandfonline.com/10.1080/16184742.2011.599210.
Keywords: Stakeholder's management, upper echelons theory, board of directors, non-for-profit sports organizations
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Political Science
URI: https://discovery.ucl.ac.uk/id/eprint/1462902
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