Intellectual Capital Efficiency Management in Professional Football Clubs’ Performance: Problems of Assessment

The purpose of this study is to examine the intellectual capital efficiency of football clubs in the UEFA Champion League between 2010 and 2019. We measure the intellectual capital efficiency of each football club through Value Added Intellectual Coefficient (VAIC) method developed by Pulic (1998, 2004), Ghosh and Mondal (2009), Yalama (2013), Ozkan, Cakan, and Kayacan (2017). Using a sample of 10 football clubs from 7 countries, we find that almost all clubs use their intellectual capital efficiently with great coefficients. We also document that human capital, as the core of intellectual capital, has a positive impact on structural capital. Our finding is significant for sports managers to make strategic management of intellectual sources to create value in the football industry. It suggests that football clubs should pay more attention to intellectual capital like fan loyalty and talented players. Meanwhile, it helps the sports industry to play a great role of human capital in intellectual capital and to increase the competitive advantage of the enterprise.

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The Emerging of Enhanced Intellectual Capital: The Impact of Enabling Technologies on the Professional Football Clubs

10.1007/978-3-030-80737-5_7 ◽

2021 ◽

pp. 93-106

Author(s):

Raffaele Trequattrini ◽

Fabio Nappo ◽

Benedetta Cuozzo ◽

Alberto Manzari

Keyword(s):

Intellectual Capital ◽

Professional Football ◽

Enabling Technologies ◽

Football Clubs ◽

The Impact

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Intellectual Capital Efficiency: The Case of Football Clubs

Procedia - Social and Behavioral Sciences ◽

10.1016/j.sbspro.2015.10.105 ◽

2015 ◽

Vol 207 ◽

pp. 354-362 ◽

Cited By ~ 2

Author(s):

Nermin Nergis Yasar ◽

Mine Isik ◽

Fethi Calisir

Keyword(s):

Intellectual Capital ◽

Football Clubs ◽

Capital Efficiency

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RELATIONSHIP BETWEEN THE COMPANY’S PROFESSIONAL SUCCESS AND ITS INTELLECTUAL CAPITAL EFFICIENCY MANAGMENT (by VAIC method)

THEORETICAL AND APPLIED ISSUES OF ECONOMICS ◽

10.17721/tppe.2020.41.1 ◽

2020 ◽

pp. 121-133

Author(s):

Hanna Mysaka ◽

Ivan Derun

Keyword(s):

Intellectual Capital ◽

Value Added ◽

Annual Reports ◽

Rating Data ◽

Professional Performance ◽

Economic Relations ◽

Advantages And Disadvantages ◽

Professional Success ◽

Football Clubs ◽

Capital Efficiency

At the current stage of economic relations development, intellectual capital becomes one of the main competitive advantages of the company. This necessitates the operative and rational management of its components in order to achieve the company’s economic and financial prosperity in conditions of a highly competitive environment and limited financing opportunities. At the same time, professional success is one of the objective non-financial displays of the company's intellectual capital effective management. The authors have proved that a quantitative measurement of companies’ professional achievements provides the ability to verify the assessing results of efficiency management of their intellectual capital. The study deals with the analysis of the adequacy of the results of Value Added Intellectual Coefficient (VAIC method) for assessing the intellectual capital efficiency, based on the indicators of companies’ public financial statements and the level of their professional success, determined on the basis of professional rating data. The authors have selected the UEFA Club Ranking as the most suitable instrument of professional performance measurement for football clubs’ comparative IC efficiency assessment. The paper contains empirical analysis results of the advantages and disadvantages of VAIC method to assess the companies’ intellectual capital management efficiency on the example of the TOP 50 UEFA Club Ranking for 2014-2018 and the football clubs’ annual reports. The authors have proved that VAIC method provides the results that are in some measure consistent with the rating of the football clubs’ professional achievements.

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Measuring the Efficiency of Football Clubs Using Data Envelopment Analysis: Empirical Evidence From Spanish Professional Football

SAGE Open ◽

10.1177/2158244021989257 ◽

2021 ◽

Vol 11 (1) ◽

pp. 215824402198925

Author(s):

Isidoro Guzmán-Raja ◽

Manuela Guzmán-Raja

Keyword(s):

Data Envelopment Analysis ◽

High Efficiency ◽

Sport Performance ◽

Data Envelopment ◽

Professional Football ◽

Efficiency Measure ◽

Factors Affecting ◽

Football Clubs ◽

Main Factors ◽

Using Data

Professional football clubs have a special characteristic not shared by other types of companies: their sport performance (on the field) is important, in addition to their financial performance (off the field). The aim of this paper is to calculate an efficiency measure using a model that combines performance (sport and economic) based on data envelopment analysis (DEA). The main factors affecting teams’ efficiency levels are investigated using cluster analysis. For a sample of Spanish football clubs, the findings indicate that clubs achieved a relatively high efficiency level for the period studied, and that the oldest teams with the most assets had the highest efficiency scores. These results could help club managers to improve the performance of their teams.

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