%0 Journal Article
%T What makes non-profit soccer teams run? A panel data approach using a sample of Braga teams
%A Paulo Reis Mour£¿o
%A C¨¦sar Costa Cima
%J Financial Theory and Practice
%D 2012
%I Institute of Public Finance
%X Amateur soccer teams are influenced by different local and regional factors from professional soccer teams. This article revisits the literature on the determinants of soccer performance and the sustainability of non-profit organizations. Using panel data techniques, we conclude that the outcomes of non-profit soccer teams depend on specific local markets and on the institutional environments of nonprofit organizations.
%K non-profit organizations
%K soccer
%K regional institutions
%U http://www.ijf.hr/upload/files/file/FTP/2012/2/mourao-cima.pdf